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OceanSound Partners has secured $1.49 billion in total capital commitments for its second fund, enabling it to pursue investments in technology companies serving government and highly regulated enterprise end markets. The New York-based private equity firm said Tuesday the oversubscribed OceanSound Partners Fund II closed above its target of $1 bill...
By Kim Koster, Vice President of Industry Marketing at Unanet The 2024 GAUGE Report, a collaboration between Unanet and CohnReznick, is an essential resource for the government contracting community. We recently released the eighth annual edition, and it remains a valuable tool for government contractors looking to evaluate themselves against...
The Professional Services Council elected five GovCon industry leaders to its board of directors during the Sept. 12 meeting of its executive committee. In a statement published Monday, PSC President and CEO David Berteau said the five new board members bring decades of industry experience and their contributions will be key to the association’...
Tara Laymon was named senior vice president of occupational health operations division at Leidos QTC Health Services, the executive announced in a LinkedIn post Monday. She has been with Leidos (NYSE: LDOS) for nearly a decade. According to her LinkedIn profile, she joined the company as a senior program manager and rose to the ranks...
The National Geospatial-Intelligence Agency has released a solicitation for a potential $708 million contract to provide data labeling services to support critical GEOINT artificial intelligence and machine learning capabilities across multiple directorates and programs within NGA, the National System for GEOINT and the Department of Defense. NGA sa...
Amentum has finalized its merger with Jacobs’ (NYSE: J) critical mission solutions and cyber and intelligence businesses to form a new publicly traded company focused on delivering advanced engineering and technology platforms and services to customers. Chantilly, Virginia-based Amentum said Friday it will start trading on the New York Stock E...
The Potomac Officers Club will kick off next year with the 2025 Defense R&D Summit on Jan. 23. This 11th iteration of the esteemed event will once again gather public and private sector technology experts for an exploration of defense priorities, advanced technologies and the intersection of innovation and national security. At the summit, ...
The U.S. Army has started soliciting industry input on its plan to launch a competition for follow-on vehicles that will replace the existing Joint Enterprise Omnibus Program, Engineering and Technical Support contracts used to support the Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense’s mission. Acco...
Government technology company Raft has appointed four military leaders to its newly established federal advisory board to provide guidance and insights as it pursues growth and expands in the U.S. defense and national security sector. Raft said Thursday the federal advisory board members will provide strategic counsel, establish new partnerships and...
U.S. government representatives have been largely bullish, at least publicly, about the benefits of artificial intelligence, particularly generative AI, while also acknowledging its risks and misuses. In order to try and organize and set up parameters for its use, the Office of Management and Budget issued a memo requiring agencies to put gover...
