Bugcrowd has acquired Mayhem Security, a provider of artificial intelligence-enabled offensive security tools and services. Following the transaction’s completion, Bugcrowd said it will integrate Mayhem’s automation capabilities with its global hacker community to create an AI-powered, human-in-the-loop security testing platform. Financi...
Firefly Aerospace has finalized its $855 million acquisition of national security technology company SciTec, combining cash and stock as payment to SciTec’s owners. The deal, first announced in October, is part of Firefly’s efforts to expand its space and defense capabilities, including launch, ground and in-orbit mission services, for n...
By Kim Koster, Vice President of Industry Marketing at Unanet In the world of government contracting, your pipeline isn’t just a list of leads. It’s the heartbeat of your business. But managing that pipeline without a clear, consistent way to assess each opportunity is like flying blind in a competitive market where every decis...
Leidos reported record third-quarter revenue of $4.47 billion for fiscal year 2025, up 7 percent from the prior-year period, and attributed the growth to increased customer demand for innovative products in support of defense and national security missions. In an earnings release published Tuesday, the Reston, Virginia-based defense and IT services ...
Darktrace is expanding its executive committee with the appointments of Suman Raju as chief financial officer and Hein Hellemons as chief revenue officer. Raju and Hellemons will report to Darktrace CEO Jill Popelka, the company said Monday. “I’m thrilled to welcome Suman and Hein to the executive team,” Popel...
Intuitive Machines, provider of space technology and infrastructure services, has agreed to acquire Lanteris Space Systems, formerly Maxar Space Systems, from Advent International for $800 million. The transaction, which consists of $450 million in cash and $350 million in stock, is expected to close in the first quarter of 2026, Intuitive Machines ...
Seekr Technologies has named Lloyd Cope, an industry leader in enterprise and defense-focused artificial intelligence technologies, chief revenue officer. Seekr is sponsoring the Potomac Officers Club’s 2026 Artificial Intelligence Summit. Be part of the discussion on March 19 with top voices from federal agencies and the GovCon industry as th...
Presidio, a global technology services provider, has acquired Virginia-based systems integrator and cloud services provider Achieve One to strengthen its cloud and IT capabilities in the Virginia and Washington, D.C., region. The move is intended to expand Presidio’s presence among key enterprise and public sector clients while build...
NT Concepts has appointed Mark Cabrey as CEO to lead the company as it shifts its focus toward accelerating the delivery of artificial intelligence-driven engineering, analytics and modernization capabilities for defense and intelligence customers’ critical national security missions. Who Is Mark Cabrey? Cabrey, who joined NT Concepts in 2019,...
Matthew Orsino has been named chief growth officer at Precise Systems. The Lexington Park, Maryland-based company said Monday Orsino will oversee business development, customer engagement and strategic initiatives across its defense and technology portfolios. “Matt’s proven leadership and deep understanding of the Department of Defe...
