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BigBear.ai (NYSE: BBAI) completed its purchase of fellow artificial intelligence company Pangiam Intermediate Holdings for an estimated $70 million in stock. Pangiam CEO Kevin McAleenan and two-time Wash100 inductee will become president of the combined company, which will leverage BigBear.ai’s capabilities in predictive analytics and computer...

Boeing (NYSE: BA) has secured a five-year, $680.1 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy to provide software and hardware enhancement services for the F/A-18E/F Super Hornet and EA-18G Growler aircraft of the service branch and the Royal Australian Air Force. Under the contract, the Department of Defense said Th...

Alexandria, Virginia-based aftermarket services provider VSE (Nasdaq: VSEC) has agreed to acquire Turbine Controls Inc. for approximately $120 million as part of efforts to expand its original equipment manufacturer authorized repair capabilities and presence in the aviation maintenance, repair and overhaul services market. TCI’s “divers...

AAR Corp. (NYSE: AIR) has finalized its acquisition of Triumph Group’s (NYSE: TGI) product support business, which provides maintenance, repair and overhaul services for critical aircraft components in the defense and commercial markets. “The completion of this acquisition scales AAR’s repair capabilities, expands our footprint in ...

The Potomac Officers Club, the government contracting industry’s premier events and media organization, has packed March 2024 with a wide range of exciting events featuring subject matter experts on relevant GovCon topics. With two summits, a forum and a fireside chat, this month is full of opportunities for you to hear from influential figures i...

We’re now over a month into the popular vote contest for the 2024 Wash100 Award and we’ve arrived at the most exciting week yet for new developments. After weeks of domination by public sector officials, the government has receded into the background as private industry is surging ahead. Three new names also catapulted into the top...

Intel (Nasdaq: INTC) has launched Altera as a standalone company focused on pursuing growth in the field programmable gate array market and delivering artificial intelligence capabilities designed to help clients facing complex technological challenges. “As customers deal with increasingly complex technological challenges and work to differentiate...

DCS has promoted Jim Belcher from operations and systems engineering department manager to vice president of ground vehicle systems. The employee-owned company said Thursday that he will be the program manager for the $2.1 billion Technical Engineering Services contract it landed with the Ground Vehicle Systems Center of the U.S. Army Combat Capab...

Executive Mosaic is honored to announce the selection of Kevin Plexico, senior vice president of information solutions at Deltek, as a 2024 Wash100 Award recipient for his demonstrated leadership in government market research and intelligence. Vote for Plexico as your favorite GovCon leader as part of the 2024 Wash100 popular vote competition! Vo...