Molex, a global electronics connectivity innovator, has agreed to acquire Smiths Interconnect, a Smiths Group subsidiary offering high-reliability connectivity products. Molex said Thursday the move aims to expand its presence in the aerospace, defense, medical, semiconductor testing, and industrial markets. The transaction involves cash consid...
SAIC has finalized the acquisition of SilverEdge Government Solutions from private equity firm Godspeed Capital. Robert Miller, CEO of SilverEdge, confirmed the transaction’s completion in a LinkedIn post Thursday, saying that the “milestone marks the beginning of an exciting new chapter” in the companies’ shared mission to p...
Koniag Government Services has named Theon Danet as senior vice president of strategic intelligence. KGS said Thursday Danet’s appointment aligns with the company’s mission to advance artificial intelligence initiatives, innovation programs and growth strategy for federal customers. The move reflects KGS’s focus on accele...
Assurance Technology Corp. has received a $244 million contract from the Naval Research Laboratory to provide engineering, analytical and technical services in support of NRL’s Focused Radio Frequency Optimized Signal Transference, or FROST, program. According to a SAM.gov notice published Thursday, NRL competitively procured the FROST indefin...
Keysight Technologies has completed its acquisition of Spirent Communications for $1.46 billion. The companies secured all regulatory requirements from the United States, United Kingdom, France, Germany and China to finalize the transaction, Keysight said Wednesday. Acquisition Details The acquisition integrates Spirent’s operations and servic...
Sigma Defense Systems has appointed Jim Stokes, a defense technology industry leader, as a vice president. Stokes announced his move to Sigma Defense in a LinkedIn post published Wednesday. He brings over two decades of leadership experience in the defense and aerospace sectors to the role. Who Is Jim Stokes? Prior to joining Sigma Defense,...
Jonathan Cirtain has been named CEO of Axiom Space and will continue serving as president. Axiom Space said Wednesday the leadership change is aimed at advancing its mission to develop commercial space infrastructure and human spaceflight technologies while expanding its role in low-Earth orbit operations. Kam Ghaffarian, executive c...
SAIC has expanded its leadership team with the appointment of Deborah Torosian as senior vice president and chief talent officer, and Andy Henson as senior vice president, combatant command market leader and Air Force business group chief innovation officer. Henson Takes on New Leadership Role Henson, who announced his appointment in a recent Linked...
IBM has agreed to acquire Cognitus, a Dallas-based SAP services provider, for an undisclosed sum to expand its SAP transformation and artificial intelligence capabilities for government and commercial customers. “SAP is the foundation for so many digital transformations around the world. Clients are turning to trusted partners that know their ...
Defense software company Govini has received a $150 million growth investment from Bain Capital to expand its team of technologists and defense experts, broaden its product offerings and improve its data capabilities to meet the increasing demand across the national security sector. Govini said Monday the investment comes as it surpasses $100 millio...
