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Intellectual property plays a larger role in the government contracting market than you might think. IP has the power to raise your company’s valuation, unlock better M&A opportunities and even shape the global competition. GovCon Wire sat down with Keegan Caldwell, founder and global managing partner at Caldwell, to talk about the role I...
The U.S. Air Force has awarded five companies positions on a potential 10-year, $751 million contract for depot maintenance support services. The Department of Defense said Wednesday the Air Force Sustainment Center launched a competitive acquisition process for the Depot Onsite Contract Augmentee Teams Fifth Generation program, also called DOCAT 5,...
Snowflake has agreed to acquire Datavolo, a provider of a single platform developed to automate and manage structured and unstructured data flows between enterprise data sources. The artificial intelligence data cloud company said Wednesday the move is aimed at deepening its service in the ‘bronze layer’ of the data lifecycle and enabling data e...
Lockheed Martin has appointed Robert Toth as vice president of air mobility and maritime missions and Brian Dunn as vice president and deputy for strategy and business development at the missiles and fire control business. The executives announced their appointments via separate LinkedIn posts. Toth joined Lockheed in 2016 after years-long service i...
Cadmus, a technology-empowered strategic consulting firm serving government, commercial, and non-governmental organizations worldwide, has won an Asia Futures Activity contract valued at $150 million to provide services supporting the initiatives of the U.S. Agency for International Development. The Arlington, Virginia-based contractor sai...
Kenneth Hofgesang Jr., a more than 20-year industry veteran, has been appointed vice president of health at RELI Group. The Baltimore, Maryland-based business conglomerate said Hofgesang’s appointment became official Wednesday. In his new role, the executive will leverage his extensive experience in account and project management, busine...
CoreStack has acquired Virginia-based GovCon company Karthik Consulting to support its expansion efforts in the federal sector and cloud-native application protection platform, or CNAPP, market. Bellevue, Washington-based CoreStack said Wednesday the transaction will enable it to harness the consulting firm’s software factory capabilities to advan...
Maximus saw its full fiscal year 2024 revenue rise 8.2 percent to $5.31 billion and reported $1.3 billion in fourth-quarter revenue, a 4.4 percent increase from the prior-year period. In an earnings release published Wednesday, the Tysons, Virginia-based government services contractor said quarterly and full FY 2024 results were driven by volume gro...
AeroVironment has agreed to acquire BlueHalo for approximately $4.1 billion in an all-stock transaction to establish a diversified defense technology company with a portfolio of capabilities, including uncrewed platforms, space technologies, short- and long-range loitering munitions, cyber and electronic warfare systems. In a joint release published...
As artificial intelligence gains more traction across the federal landscape, government officials are finding that AI technologies have the power to dramatically transform and augment the workforce. However, federal leaders warn that we must be equally focused on the benefits and threats unlocked by AI. Will AI Replace Humans? Across the board, gove...
