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The Senate on Wednesday confirmed Michael Barr, a law professor and a former Department of Treasury official, to serve as vice chair of the Federal Reserve for supervision. President Joe Biden described the Senate vote an “important progress” for his plan to address inflation, the White House said Wednesday. The upper chamber on Wednesday approv...
With the threat of cyberattacks on the rise, the U.S. military is making cyber defense capabilities a top priority. The cyber domain of today is highly volatile; our adversaries are becoming more sophisticated in their cyber warfare tactics, and any vulnerability within an organization’s IT environment can and will be exploited. “We’re not...
Inmarsat‘s U.S. business arm was awarded a potential 10-year, $578.4 million follow-on contract from the Defense Information Systems Agency for services in support of modernizing the Military Sealift Command fleet’s satellite systems and other communications infrastructure. The indefinite-delivery/indefinite-quantity contract requires In...
Matt Hicks was promoted to the roles of president and CEO at Red Hat, where he previously oversaw product strategy and engineering activities as executive vice president of products and technologies. The IBM (NYSE: IBM) subsidiary said Tuesday Hicks took over from Paul Cormier, a more than two-decade Red Hat veteran who was tapped to...
Tom Watson, a 25-year federal market veteran who is currently serving as senior vice president of defense services at Serco Inc., will become CEO of the Herndon, Virginia-based government contractor when Dave Dacquino retires from the chief executive role Sept. 1. Dave Dacquino Dacquino will continue his role as chairman of the board of directors...
SpiderOak has announced the appointment of military veterans and industry experts to the newly created space advisory board to provide guidance as the company works to deploy zero trust-based platforms and services to protect national security and commercial space systems and data from cybersecurity threats. The members of the board are Ellen Pawlik...
Madison Dearborn Partners has agreed to purchase a controlling interest in government procurement software provider Unison from global investment firm Carlyle (Nasdaq: CG) for an undisclosed sum. The transaction is expected to be completed in the third quarter of 2022 and the investment will help Unison advance its growth initiatives and expand its ...
A Bechtel-led entity has won a potential 10-year, $3 billion contract from the Department of Energy to manage and operate the only domestic facility for disposal of defense-generated transuranic waste. DOE said Monday Tularosa Basin Range Services will oversee centralized characterization, transportation, experimental and testing and program support...
Although U.S. military and government leaders are closely monitoring and learning from the evolving situation between Russia and Ukraine, the key priority for the U.S. Air Force and Space Force is still China. During a fireside chat hosted by the Air Force Association, Air Force Secretary Frank Kendall explained that China has identified the ...
Five companies have secured positions on an $850 million contract to help the Defense Threat Reduction Agency perform assessments, exercises and modeling and simulation tasks. DTRA selected the awardees on its AEMSS procurement vehicle after a competitive solicitation process that generated 12 proposals, the Department of Defense said Monday. Accord...
