Ammunition technology provider True Velocity has agreed to acquire LoneStar Future Weapons for approximately $84 million as both companies are pursuing the U.S. Army’s Next Generation Squad Weapons contract. True Velocity said Wednesday the deal would add LoneStar’s portfolio of weapons and projectile technology products to the acquirer̵...
Salient CRGT, which now operates as part of GovernmentCIO, has handed over to the U.S. Air Force Academy a multidomain laboratory meant to support training of cadets and enable them to lead operations across land, maritime, air, space and cyberspace domains. The laboratory has joint all-domain operations centers, remotely piloted aircraft flight roo...
TYSONS CORNER, VA, Nov. 10, 2021 — Kevin Phillips, chairman, president and CEO of ManTech International (Nasdaq: MANT) and a five-time Wash100 Award recipient, has underscored the importance of the continued use of other transaction authorities to enable the federal government to focus on an outcome-based approach to its acquisition process and he...
ECS, ASGN’s (NYSE: AGN) federal government subsidiary, has named Chief Operating Officer John Heneghan to succeed the retiring George Wilson as the company’s president and promoted Greg Adams, formerly vice president of the homeland security sector, to senior VP of the justice and homeland security business unit. Heneghan will continue to build ...
Gil Dussek, CEO of Gunnison Consulting Group, participated in the most recent Executive Spotlight interview with ExecutiveBiz on Tuesday. He talked about his overall growth strategies for the company, its core values and recent senior leadership team expansion as well as Gunnison’s work with the Census Bureau and other civilian agencies. Here’s ...
On Tuesday, the Potomac Officers Club hosted its third Data-Driven 2021 Series event, The Cost of AI, during which eminent government agency and industry leaders joined together to discuss the budgetary implications, potential disruption scenarios, opportunities and challenges inherent in integrating innovative artificial intelligence solutions as...
General Electric (NYSE: GE) has announced plans to separate into three independent public companies focused on aviation, health care and energy sectors through tax-free spinoffs. The Boston-based industrial conglomerate said Tuesday it will spin off its GE Healthcare business in early 2023 and keep a 19.9 percent stake in the health care company upo...
Rick Johnson, a more than two-decade financial and accounting professional, has joined IntelliBridge as chief financial officer. He will bring to the McLean, Virginia-based technology services contractor his expertise in corporate financial analysis, project lifecycle management and M&A due diligence and integration, IntelliBridge said Thursday....
Rockville, Maryland-based Library Systems & Services has purchased the federal business of information services vendor LAC Group for an undisclosed sum in a move to expand LS&S’ work with the government. The two companies have complementary library and data management offerings for the public sector and provide support to U.S. national...
Rich Wilkinson, director of product marketing for Unanet and a GovCon Expert, has published the latest article as a member of Executive Mosaic’s GovCon Expert program on Tuesday. Previously, Wilkinson explored how the COVID-19 pandemic has impacted the professional services industry and how these firms will be able to adapt to the new “work f...
