C Speed, a product development and engineering services company, was acquired by NewSpring and added to the private equity firm’s portfolio of businesses that provide government customers with mission support products and services. The firm said C Speed brings to the NewSpring Holdings Federal Platform three decades of experience in offering a...
A Raymond James (NYSE: RJF) report has found that the volume of merger and acquisition-related transactions in the government technology solutions market dropped 12 percent in the third quarter of 2024 compared with the same period last year. According to the company’s quarterly market update, despite the decline in Q3 2024 M&A deal volume...
Josh Montgomery has assumed the role of chief financial officer at ITC Federal, a Fairfax, Virginia-headquartered federal systems integrator. He brings to the role a wealth of experience in leading financial planning and analysis, mergers and acquisitions, and defense and government operations, the company said Tuesday. Montgomery most recentl...
California-based artificial intelligence company Cerebras Systems is likely to postpone its initial public offering scheduled for mid-October due to delays associated with a Committee on Foreign Investment in the United States review of a minority investment from G42, a technology conglomerate based in the United Arab Emirates, Reuters reported Tues...
The last major development for AUKUS — the technology innovation alliance between the U.S., the U.K. and Australia — a month ago saw the U.S. State Department lifting the need for these two American partners to obtain licenses to buy the majority of weapons from the States, the largest global armaments producer. As of Friday, Reuters...
Executive Mosaic has selected Bobby New, vice president of public sector solutions engineering at Trellix, as chairman of the Cyber Group for the 4×24 Executive Leadership Series. The 4×24 Executive Leadership Program connects senior industry executives and top government officials through networking and dinner events designed to foster ...
The Department of Veterans Affairs has issued a request for information to determine possible artificial intelligence programs and governance support to enhance services for veterans. According to the notice published on Sam.gov Thursday, the department is seeking industry input on how to utilize AI to manage, operationalize and imple...
Will Still has joined software development company Alpha Omega as vice president of capture. He confirmed his new post in a LinkedIn post Monday. Still brings to the role over 15 years of experience in opportunity capture and proposal management. Before joining Alpha Omega, he was with NTT Data Services for over seven years. His...
The Department of the Air Force has awarded Leidos (NYSE: LDOS) a potential five-year, $303 million contract to provide planning, analysis and operations support for a core DAF Battle Network component. Leidos said Monday it will perform a wide range of management support to help the department develop the Advanced Battle Management System-Digital I...
Lt. Gen. Paul Stanton on Friday officially assumed the role of director of the Defense Information Systems Agency and commander of the Joint Force Headquarters-Department of Defense Information Network, or JFHQ-DODIN, DISA reported. He succeeded Air Force Lt. Gen. Robert Skinner, who took the helm at DISA and JFHQ-DODIN in 2021. During the ceremonia...
