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Hewlett Packard Enterprise has completed its $14 billion acquisition of Juniper Networks, enabling HPE to expand its presence in the artificial intelligence and hybrid cloud market and advance its strategic vision with a full networking IP stack. HPE said Wednesday Rami Rahim, most recently CEO of Juniper Networks, will now oversee the combined HPE ...

MacLean Engineering & Applied Technologies, or METECS, will provide simulation and advanced software services to NASA under a potential five-year, $150 million indefinite-delivery/indefinite-quality contract. The Simulation and Advanced Software Services II contract work will support space-based vehicle models and robotic manipulator systems; hu...

Parsons has acquired Chesapeake Technology International, a Bluestone Investment Partners portfolio company, for approximately $89 million as part of a push to expand its electromagnetic warfare and all-domain offerings for the U.S. defense market. Parsons said Tuesday the transaction aligns with its strategy of broadening its portfolio of critical ...

The Department of Homeland Security has decided to cancel the FirstSource III and PACTS III contract vehicles for IT support and professional services, respectively, in alignment with recent executive orders. In March, President Donald Trump signed an executive order to consolidate federal procurement of goods and services within the General Se...

Bethesda, Maryland-based Emagine IT has appointed Cedric Sims, a more than 25-year public sector leader, as CEO. In this capacity, Sims will oversee efforts to help deepen EIT’s commitment to plug-and-play innovation, mission-aligned delivery and operational efficiency in support of federal IT customers. EIT has provided secure, scalable platf...

TransDigm Group has agreed to acquire Simmonds Precision Products from defense contractor RTX for approximately $765 million in cash. TransDigm said the transaction is subject to U.S. regulatory approvals and other customary closing conditions and is expected to be financed through existing cash on hand. Kevin Stein, president and CEO of TransDigm, ...

Boeing has announced the appointment of Jesus “Jay” Malave as executive vice president and chief financial officer, effective Aug. 15. Malave will replace current CFO Brian West, who will become a senior adviser to Boeing President and CEO Kelly Ortberg and assist with the upcoming CFO leadership transition. Who Is Jesus “Jay”...

AI technologies such as generative AI could help small GovCons improve efficiency in light of weak growth forecasts, according to a Deltek executive. The Deltek Clarity 2025: Government Contracting Industry Study found that small GovCons are negative on future growth in the U.S. and could take drastic measures such as consolidation or divestiture i...

Hewlett Packard Enterprise and Juniper Networks have reached a settlement with the Department of Justice, paving the way for HPE to finalize its proposed $14 billion acquisition of the networking products provider. HPE President and CEO Antonio Neri welcomed the agreement with DOJ, saying it maintains the transaction’s intended benefits to sha...