Nicholas Speece of Snowflake (NYSE: SNOW) and Vishal Kapur of Deloitte Consulting said government agencies need a modern data architecture that uses cloud and artificial intelligence to facilitate data management and help glean insights from large volumes of data and unstructured content. Snowflake has combined its Data Cloud and collaboration platf...
The State Department has approved Canada’s request to buy from the U.S. government the Aegis Combat System built by Lockheed Martin (NYSE: LMT) and associated equipment through a potential $1.7 billion foreign military sales deal. Lockheed’s rotary and mission systems unit will be the primary contractor on the proposed sale of four Aegis...
Codan, an Australia-based communications technology developer, has completed its acquisition of Zetron, a mission-critical integrated communications systems manufacturer headquartered in Redmond, Washington, for an undisclosed sum. Zetron will be merged with Codan Communications’ critical communications business as part of the transaction’s comp...
Digital signal processing technology licensor Ceva has entered into a $33 million cash acquisition deal for Marlborough, Massachusetts-based chip development company Intrinsix in a strategy to expand into semiconductor market verticals. Ceva said Monday it aims to create a turnkey intellectual property platform for smart sensing and wireless connect...
Arlington Capital Partners has launched a new company after the private equity firm completed its purchase of the composites business and three aerostructure fabrication facilities from Triumph Group (NYSE: TGI). Both parties first announced the transaction in August 2020 and ACP said Monday that Pete Wick, who most recently led Triumph Group’...
TYSONS CORNER, VA, May 11, 2021 — ICF (Nasdaq: ICFI) will use an artificial intelligence-based platform to support the Federal Transit Administration’s automation and modernization of the National Transit Database, Executive Biz reported April 28. Work is part of two five-year call orders awarded under the company’s Software Engineerin...
Four U.S. military branches have placed orders worth more than $70 million for FLIR Systems‘ (Nasdaq: FLIR) Centaur ground robots and associated equipment. The Army, Navy, Air Force and Marine Corps ordered around 600 units of the medium-sized Centaur unmanned ground vehicle intended for explosive ordnance disposal missions, FLIR said Monday.&...
Jeffrey Specht, executive director of the Defense Cyber Crime Center operating under the U.S. Air Force, will join Jude Sunderbruch, executive director of the Air Force Office of Special Investigations, and other panelists in a discussion on cybersecurity at a GovCon Wire event Wednesday. Specht leads DC3’s efforts to provide computer forensic...
OneWeb has agreed to buy TrustComm for an undisclosed sum and will establish a new subsidiary that will focus on delivering satellite-based connectivity services to U.S. government agency customers. OneWeb said Monday TrustComm CEO Bob Roe will oversee the new government subsidiary and that it expects the transaction to be completed in 2021, subject...
Leidos (NYSE: LDOS) completed its $380 million acquisition of Gibbs & Cox two and a half months after it announced the cash transaction on Feb. 23 with the intention of combining the Arlington, Virginia-based ship design firm with the company’s maritime systems division. Gibbs & Cox will be a wholly-owned subsidiary of Leidos and help...
