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A report by financial services company Raymond James (NYSE: RJF) shows that there were 76 mergers and acquisitions in the defense and space industry during the first quarter of 2024, a 55 percent increase from the same period the previous year and a 31 percent rise from the previous quarter. Defense and Space M&A Activity...
The ability to quickly exchange information is a determining factor of success on today’s battlefield, and achieving seamless connectivity requires a strong arsenal of network technologies. Advancing these capabilities has become a core part of the Department of Defense’s modernization strategy in recent years, and its FutureG Office is leading ...
Conti Federal Services has secured a $135.5 million firm-fixed-price contract from the U.S. Army Corps of Engineers to construct a maintenance hangar at Ellsworth Air Force Base in South Dakota. The Department of Defense said Thursday the Orlando, Florida-based contractor, which won against three other bidders, is expected to complete the project by...
Data is the new gold, according to GovCon industry executives and leaders. And as organizations see more and more data, the need to process, understand and leverage it becomes increasingly important. In this Executive Spotlight interview, Hitachi Vantara Federal President and CEO Mark Serway spoke to us about the importance of data in government mi...
The U.S. government has sharpened its focus on cyber to keep up with the movement of information to digital systems. The 2021 Executive Order on Improving the Nation’s Cybersecurity launched related concerns to the forefront of federal priorities, and the March 2023 National Cybersecurity Strategy further entrenched cyber as a foundational element...
Prior to the National Defense Authorization Act for Fiscal Year 2021, 5G technologies at the U.S. Department of Defense were incubated in its Office of the Under Secretary of Defense Research and Engineering, or OUSD(R&E). Symbolically, however, with the passing of the aforementioned annual budget three years ago, 5G projects were transferred to...
Scott Swilley, a former senior program manager at ECS, has been named director of business development at Figure Eight Federal, a provider of training data for artificial intelligence and machine learning applications. He will manage the company’s business development strategy as it aims to expand its AI and geospatial data labeling offerings ...
Ashlee Dominguez, formerly a vice president at Valiant Integrated Services, has been appointed VP of growth at HII‘s (NYSE: HII) mission technologies division, according to her LinkedIn post published Thursday. She will help identify and pursue defense and federal contract opportunities in the command, control, communications, computers, cyber...
Pradeep Krishnanath, former REI Systems program director working with public sector agencies, has joined TechSur Solutions as senior vice president of digital solutions. The company said Tuesday he will be responsible for driving the development and execution of go-to-market strategy, creating products and services to meet customer requirements and ...
Physical and cyber threats are evolving and escalating. Aging infrastructure must be modernized. And tightening regulations and new mandates are pressing government leaders to improve transparency, productivity and sustainability. As a result, there is a critical need for federal agencies to advance their digital transformation. Siemens Government T...
