Clara Conti, a more than 20-year technology industry leader, has joined Red Hat as vice president and general manager of the company’s public sector business, according to a LinkedIn post. She brings to Red Hat over two decades of experience in strategic planning and execution, pipeline development, customer acquisition and retention policy im...
An industry team composed of Amentum, Jacobs (NYSE: J) and Honeywell (Nasdaq: HON) has won a potential 10-year, $8.3 billion contract to support environmental cleanup efforts across the Department of Energy Oak Ridge Reservation in Tennessee. United Cleanup Oak Ridge, a limited liability company formed by the winning team, will help DOE implement re...
Lockheed Martin (NYSE: LMT) reported $16 billion in net sales and $614 million, or $2.21 per share, in net earnings from continuing operations during the third quarter of fiscal year 2021. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it generated $1.9 billion in Q3 cash from operations, raised its quarterly dividend to ...
Digital Management Holdings, also known as DMI, has secured a strategic investment from an affiliate of New York-based private equity firm OceanSound Partners and will use the funds to expand its geographic presence and technological offerings in support of customers’ digital transformation efforts. Established in 2002, DMI is a Bethesda, Maryland...
ExecutiveBiz spoke with Michael Conlin, chief technology officer of Definitive Logic and a previous Wash100 Award recipient, in its most recent Executive Spotlight interview published Tuesday. The executive discussed his first year as company CTO and his leadership impact on business growth, and talked about the hype surrounding artificial intellige...
Amentum has agreed to acquire PAE (Nasdaq: PAE) in an all-cash transaction valued at approximately $1.9 billion as part of efforts to establish a technology services provider serving U.S. federal agencies and allied governments. PAE’s board of directors approved the transaction that is expected to be completed by the end of the first quarter of...
Individuals or firms who enter into a contract with any government department or agency to perform a specified task, provide labor and materials, or sell goods and services, are known as federal contractors. A federal subcontractor is a business that works with another business that has direct government contracts. Both contractors and subcontractor...
Alka Patel, former chief of responsible artificial intelligence at the Department of Defense’s Joint AI Center, has joined Comcast (Nasdaq: CMCSA) to serve as vice president of government and external affairs. The new VP wrote in a LinkedIn post that she will support Comcast as the company focuses on community investment and digital equity to...
Positioning, navigation and timing technology provider Orolia has agreed to acquire Granada, Spain-based Seven Solutions in a move to expand the former’s product portfolio for defense, telecommunications, data center, smart grid and aerospace applications. Orolio said Monday it expects to close the transaction before the end of 2021 and pursue...
Cognosante has won a potential 10-year, $110 million task order from the Department of Veterans Affairs to plan, implement, test and oversee a managed cloud-hosted electronic faxing service. The company said Friday it will also provide resources, all needed capabilities and maintenance support for the commercial-off-the-shelf, Enterprise Cloud Fax s...
