QinetiQ Group’s U.S. arm has agreed to buy Avantus Federal from NewSpring Holdings for approximately $590 million to expand its U.S. footprint and establish a growth platform to address the defense and intelligence challenges facing government clients. QinetiQ US said Friday it expects the acquisition to close by the end of calendar year 2022, pen...
Maximus (NYSE: MMS) has updated earnings per share guidance for its 2022 fiscal year, primarily due to third quarter results that include an $11.7 million writedown in a contract outside the company’s U.S. segment. The Tysons, Virginia-based government services provider now expects diluted EPS of between $2.85 and $3.05, compared to the previo...
Command Holdings, the non-gaming investment arm of the Mashantucket Pequot Tribal Nation, has acquired WWC Global, a woman-owned consulting services provider to the federal government sector. WWC Global principals Lauren Weiner, Donna Huneycutt and Heidi Snell will serve on the tribally owned holding company’s executive team as a result of the...
Mark Fleming, a more than three-decade U.S. Navy veteran, has been appointed to serve as vice president of the newly created defense and government business unit of underwater remotely operated vehicle developer VideoRay. He will oversee the segment’s business development strategy and customer support initiatives in his new capacity, VideoRay said...
Consulting firm Control Risks has invested in Geospark Analytics and spun off its online monitoring platform to establish a new entity that will combine technology offerings of the two companies. Seerist, the new entity formed out of the partnership, will offer an artificial intelligence-based analytics product designed to help government and corpor...
Exiger was tapped by the General Services Administration to provide federal government agencies with risk management services to help them flag supply chain vulnerabilities and address threats to the supplier ecosystem. Under a multiyear, $74.5 million contract, Exiger will offer its third-party and supply chain risk management capability to help us...
Flashpoint has purchased open-source intelligence provider Echosec Systems for an undisclosed sum to broaden its OSINT capabilities to deliver geopolitical risk assessments, situational awareness, misinformation identification, counterterrorism and crisis response support to national security, public safety and commercial safety customers. Echosec i...
Justin DePalmo, a more than 15-year cybersecurity professional in the aerospace and defense industry, has been appointed chief information security officer of General Dynamics’ (NYSE: GD) information technology business. He will oversee cyberthreat intelligence, incident response, risk mitigation, cyber compliance, vulnerability management, traini...
When asked about the human part of the equation in digital transformation, Wanda Jones-Heath says organizations have to “leave the old thought behind.” “Today’s environment will not let us win against China in the future. And we have to think about, as we become more digital, become more automated, what are the things that we can...
CIS Secure Computing, a portfolio company of private equity firm HKW, has acquired Intrepid Solutions and Services in a move to expand technology products and service offerings for the U.S. intelligence community and defense market. Financial terms of the transaction were not disclosed and Intrepid said Wednesday it brings experience in providing su...
