MOXFIVE has received a growth investment from private equity firm Falfurrias Management Partners, bringing resources and new expertise to the cybersecurity company’s operations. Falfurrias said Wednesday Raymond James (NYSE: RJF) served as MOXFIVE’s financial adviser in the transaction. Mike Wager will continue to serve as CEO of MOXFIVE...
Future Technologies Inc. has appointed Nathan Glass as vice president of finance, according to the executive’s LinkedIn post shared Wednesday. Glass spent five years at EverWatch, a Booz Allen Hamilton (NYSE: BAH) company, before joining FTI. He served as its director of compliance and special projects, director of financial pla...
The National Institutes of Health has awarded ECS and NTT Data positions on a potential five-year, $1.1 billion blanket purchase agreement to provide information technology support services for the National Institute of Allergy and Infectious Diseases. The NIAID Enabling and Advancing Technologies – NEAT – BPA covers cyber infrastructure...
The foreign military sales process, wherein international governments seek armaments and defense support from the U.S., is a complicated and highly bureaucratic system that stretches across multiple major agencies, not just the Department of Defense. Officials blame slow industrial base production, lack of Congressional funding and diffuse proc...
By Payam Pourkhomami, President & CEO of OSIbeyond Cybersecurity Maturity Model Certification requirements are here, and the clock is ticking for organizations affected by them. Per the Department of Defense’s estimates, starting in Q1 2025, all new DOD contracts will require self-assessment at CMMC Level 1 or Level 2 before award. By Q3 2...
Cognizant (Nasdaq: CTSH) has completed its purchase of Belcan in a cash-and-stock deal worth approximately $1.3 billion as part of a push to broaden its engineering research and development capabilities and expand its aerospace and defense market footprint. Cognizant said the transaction, which was first announced in June, also builds on its presenc...
Sensible Solutions and Technologies Inc. aims to grow its footprint within the Intelligence Community landscape through its recent acquisition of Data Sync Technologies, a provider of knowledge management and data analysis support. Top IC leaders will take center stage at the Potomac Officers Club’s 2024 Intel Summit on Sept. 19. Register here...
V2X (NYSE: VVX) has secured a contract to ensure the operational readiness of F-5 Adversary aircraft of the U.S. Navy. The company said Wednesday the indefinite-delivery/indefinite-quantity contract for F-5 maintenance is valued at $747 million and has a potential seven-year period of performance, including three 12-month options. Work will be perfo...
Mia Jordan, a digital transformation executive at Salesforce (NYSE: CRM), discussed how artificial intelligence and the company’s ecosystem of more than 7,000 applications and consultants could help government agencies accelerate digital transformation efforts. In an article published on Carahsoft.com, Jordan wrote that AI could be divided into au...
The Defense Intelligence Agency is working on an artificial intelligence-powered system that once deployed will be able to quickly sift through vast amounts of data, perform intelligence analysis and help DIA analysts to focus on more complex intelligence tasks. This program has made significant progress thus far. But what’s next for MAR...
