Forward Slope, a technology services company backed by Dallas-based private equity firm Trive Capital, has acquired Soar Technology in a transaction that allows it to expand its client base and core competencies in the defense and national security markets. SoarTech helps the Department of Defense meet mission requirements by developing artificial i...
The Potomac Officers Club is hosting its 9th Annual Intel Summit on Sep. 21, where public sector intelligence officials and industry experts will come together to dive into the most crucial conversations surrounding intelligence. Click here to register for the summit! A part of Executive Mosaic, the Potomac Officers Club hosts regular even...
Owl Cyber Defense, a DC Capital Partners portfolio company, has acquired Big Bad Wolf Security in a deal aimed at accelerating Owl’s expansion into the government cloud market. Financial terms of the transaction were not disclosed and Owl said Tuesday it will add BBWS’ cloud security and cross-domain solutions to the parent company’...
NVIDIA (Nasdaq: NVDA) posted a record revenue of $13.51 billion during the second quarter of its 2024 fiscal year, reflecting a 101 percent hike from the prior-year period and an 88 percent increase from the previous quarter. The Santal Clara, California-based company said Wednesday it returned $3.38 billion to shareholders in the form of cash...
Parsons (NYSE: PSN) has purchased Sealing Technologies for approximately $200 million in a transaction that expands its defensive cyber capabilities, broadens its client base across the Department of Defense and Intelligence Community and strengthens its presence as a cybersecurity company in the national security market. Established in 2012, Sealin...
Fintech financial services provider Array US and software company Verato were awarded spots on a $330 million indefinite-delivery/indefinite-quantity contract from the Defense Counterintelligence and Security Agency for credit reporting services. Both contractors will compete for delivery orders under the potential 10-year IDIQ to support DCSA’...
HII (NYSE: HII) has won a seven-year, $78.7 million contract to provide independent advice and assessment support for the Missile Defense Agency’s initiative to develop an integrated and layered system for intercepting adversary missiles. The Department of Defense named Alion Science and Technology the awardee of the competitive cost-plus-fixe...
Aaron Weis, managing director of technology at Google Public Sector, has been selected as chair of Executive Mosaic’s 4×24 CIO Group. More than 200 top GovCon companies are represented in the 4×24 executive leadership program, whose mission is to create an environment that empowers idea exchange and relationship building betwee...
The Potomac Officers Club is gearing up to host its 2023 Homeland Security Summit on Nov. 15 with a speaker lineup featuring top officials from the Department of Homeland Security, U.S. Customs and Border Protection and more. Register here. Meet the keynotes: Paul Courtney is the chief procurement officer for DHS, and in this role, he is...
By Cameron Chehreh, Vice President and General Manager of Public Sector at Intel and 2023 Wash100 Award winner One doesn’t need to look far to discover a tapestry of ways in which the federal government is successfully leveraging artificial intelligence. From the Air Force using AI to plan airlift operations to neuromorphic computing being used...
