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As a collective entity united under the mission of achieving Joint All Domain Command Control, the U.S. military has intensified its spending on developing various technologies to benefit intelligence-gathering. Artificial intelligence and machine learning, as well as various data-sharing and cybersecurity tools have undergone a renewed focus and in...
DLH Holdings (Nasdaq: DLHC) has purchased Grove Resource Solutions Inc. for $185 million as part of efforts to expand its information technology modernization and cybersecurity offerings for federal government customers. Bethesda, Maryland-based GRSi has approximately 700 employees and has been providing cybersecurity, cloud-based enterprise moderni...
The venture capital arm of Raytheon Technologies (NYSE: RTX) has invested in EpiSci to help the latter scale its Tactical AI platform and further develop autonomy technology systems. RTX Ventures will offer guidance as EpiSci works to develop collaborative autonomy platforms demonstrate the implementation of a model-based autonomy architecture that ...
For three decades, Federal Resources became one of the leading government contractors supplying secure technical and safety solutions. Read on about the company’s massive contracts and joint ventures with the government. 1. DLA Special Operations Equipment Tailored Logistics Support $33,000,000,000 https://www.defense.gov/News/Contracts/Contra...
IBM (NYSE: IBM) has agreed to buy government technology services provider Octo from Arlington Capital Partners in a move to complement Big Blue’s IT and digital transformation offerings for the federal sector. Baird served as financial adviser to Arlington and Octo on the transaction. Financial terms of the deal were not disclosed and all the...
The Department of Defense has awarded Amazon’s (Nasdaq: AMZN) cloud computing business, Google, Microsoft (Nasdaq: MSFT) and Oracle (NYSE: ORCL) positions on the Joint Warfighting Cloud Capability contract worth potentially $9 billion over five and a half years. DOD said Wednesday JWCC is a multiple-award, indefinite-delivery/indefinite-quantity c...
James Lackey spent three decades serving as a civilian in the Department of Defense in various capacities. He began as a flight test engineer at Naval Air Systems Command in Patuxent River, Maryland, where he quickly ascended to a department management position. After this, Lackey was promoted to the Pentagon as a senior executive working...
Scott Cody, a senior vice president at Westat’s Insight subsidiary, will transition to a new role as sector lead for human services at the Rockville, Maryland-based professional services company on Jan. 1. Cody will be responsible for overseeing the areas of education studies and social policy and economics in his next position, Westat said. H...
IBM has agreed to acquire information technology modernization and digital transformation services provider, Octo, from Arlington Capital Partners in a deal advised by Baird. The acquisition, which marks IBM’s eighth this year, is anticipated to augment the organization’s digital transformation capabilities in defense, health and civil...
When Vectrus and The Vertex Company completed their merger to form V2X in July, the enterprise’s projected pro forma revenue was approximately $3.4 billion. As the year comes to a close, V2X now has a combined backlog of over $12 billion, which is three and a half times more than early estimates anticipated. Leading the merged entity’s...
