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...
Richard Naylor, deputy assistant director of cyber operations at the Defense Counterintelligence and Security Agency, will speak during GovCon Wire’s Defense Cybersecurity Forum as part of an expert panel. Join the virtual event to hear from government and industry executives as they offer insight on how organizations can help safeguard nation...
The Department of the Treasury’s office of foreign assets control has asked information on potential sources of commercial online tools that could be used to track transactions involving Bitcoins and other virtual currencies, Nextgov reported Friday. Tracing blockchain-based transactions will help OFAC’s office of global targeting collect attrib...
The General Services Administration plans to proceed with phased awards of the next iteration of the 8(a) Streamlined Technology Acquisition Resource for Services governmentwide contract to different groups of information technology vendors certified under the Small Business Administration 8(a) program. GSA said Wednesday it informed offerors of the...
A Capstone Partners report shows that mergers and acquisitions in defense electronics, space and command, control, communications, computers, intelligence, surveillance and reconnaissance markets reached over 70 transactions in 2020, exceeding the deal volume recorded in 2017, 2018 and 2019. The report attributed the year-over-year increase in deal ...
