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Identity security company CyberArk (Nasdaq: CYBR) will acquire machine identity management company Venafi from Thoma Bravo for an enterprise value of approximately $1 billion in cash and approximately $540 million in shares. CyberArk said Monday it plans to create a unified platform for end-to-end machine identity security by combining its identity ...
The National Defense Authorization Act for Fiscal Year 2024 was signed into law at the end of 2023. Among its various mandates were that the Department of Defense cultivate private 5G networks at its service branch bases and outposts. These bases total around 800 globally, representing a clear opportunity for telecommunications providers to offer th...
Vipin Narang, principal deputy assistant secretary for space policy at the Department of Defense, will take on the role of acting assistant secretary of defense for space policy on Monday, May 20. Amanda Dory, acting undersecretary of defense for policy, said in a release published Friday Narang will replace John Plumb, who was confirmed as...
Lockheed Martin (NYSE: LMT) has secured a $756 million contract from the U.S. Army to produce additional battery equipment for a ground-based hypersonic strike weapon system. The contract also covers the provision of logistics and systems and software engineering services in support of the Long Range Hypersonic Weapon system, the defense contractor ...
The National Oceanic and Atmospheric Administration has issued a draft request for proposals for a 10-year follow-on contract for professional, technical and scientific services in the weather domain. According to the draft RFP published Friday, the ProTech 2.0 Weather Domain is a multiple-award, indefinite-delivery/indefinite-quantity contract set ...
Mark Santamaria, formerly senior vice president and chief financial officer at CAES, has assumed the CFO role at Austal‘s shipbuilding arm in the U.S. He has three decades of experience in finance and executive leadership, including more than 20 years at Lockheed Martin (NYSE: LMT), where he was divisional CFO, Austal USA said Thursday. “We...
Advancements in digital technologies have reached every corner of the federal government, and healthcare agencies are exploring the unique benefits they offer for patient care and cutting-edge research projects. The Potomac Officers Club’s 2024 Healthcare Summit on December 11 will convene healthcare leaders from both the public and private secto...
U.S. Transportation Command has awarded 29 companies spots on a five-year, $710 million indefinite-delivery/indefinite-quantity contract to provide commercial seaport operations and transportation services in locations outside the continental U.S. The contractors will help operate seaports located within one of the designated geographic regions assi...
Venk Nathamuni, a senior finance executive, will take on the role of chief financial officer at Jacobs (NYSE: J) on June 3. He will bring to the position over three decades of leadership experience in finance and will oversee the implementation of the company’s business and financial strategy, capital allocation and investor relations initiatives ...
Venice Goodwine, chief information officer at the Department of the Air Force, is looking to expand the use of cloud services across the Air Force to include classified networks and applications in the tactical edge to address warfighters’ data needs, Federal News Network reported Thursday. Speaking at a recent Air Force-related event, Goodwin...
