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Anduril Industries has purchased Boston-based autonomous underwater vehicle manufacturer Dive Technologies in a strategy to add undersea coverage to the defense technology provider’s portfolio of unmanned systems. Terms of the deal were not disclosed and the acquired company’s DIVE-LD platform can be tailored to match military requiremen...
Tenable Holdings (Nasdaq: TENB) has agreed to purchase Cymptom, a cybersecurity startup that specializes in mapping attack paths, in a deal that would add analytics to Tenable’s risk-based vulnerability management platform. The terms of the deal were not disclosed and Tenable said Tuesday it plans to integrate Cymptom’s agentless attack path...
Executive Mosaic is pleased to announce Paul Dillahay, president and CEO of NCI Information Systems, as an inductee into the 2022 edition of the Wash100 Award for his efforts in leading the company’s major contract wins, adoption of artificial intelligence and other emerging technologies as well as partnership with the academe. Dillahay is am...
Northrop Grumman (NYSE: NOC) posted $8.6 billion in sales for the fourth quarter of its 2021 fiscal year and a 3 percent increase in organic sales for the full year ended Dec. 31, due to strong performance of the company’s space and mission systems segments. The Falls Church, Virginia-based aerospace and defense contractor said Q4...
ExecutiveBiz featured Larry Gwaltney, CEO of Federal Resources, in its most recent Executive Spotlight interview published Monday. He talked about the company being acquired by Noble and merging with the latter’s TSSi business to collectively provide integrated systems, data analytics and more offerings to customers. The executive also discuss...
The Department of Defense’s Joint Artificial Intelligence Center has awarded Scale AI a $249 million blanket purchase agreement to develop platforms for testing machine learning, deep learning and neural network architectures. Scale AI said Monday it will make the company’s technology available to federal clients as JAIC’s governme...
Northrop Grumman (NYSE: NOC) and a Global Ordnance division will compete for orders under a potential $750 million contract to supply special ammunition and weapons systems to the U.S. Army. The service branch’s procurement organization received 10 bids for the firm-fixed-price contract through an online solicitation, the Department of Defense...
Cybersecurity thought leader Melissa Hathaway, CipherTrace CEO David Jevans, Abaxx Associates CEO Eric Scofield and Amanda Wick, senior investigative counsel for the U.S. House of Representatives, took part in an enlightening panel discussion on identifying virtual asset knowledge gaps, addressing ransomware threats and accelerating the speed of fed...
Cybereason confidentially filed with U.S. regulators for an initial public offering that could give the Boston-based security startup a valuation of more than $5 billion, Reuters reported Monday. Reuters cited sources that say the cybersecurity company has finalized the underwriters for the IPO, which could kick off in the second half of 2022. Cyber...
Christopher Kastner, chief operating officer of Huntington Ingalls Industries (NYSE: HII), has been selected by the company’s board of directors to succeed Mike Petters as president and CEO in a move slated to take effect March 1. Petters, a previous Wash100 Award recipient, will continue to represent HII throughout the year and serve as execu...
