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 ...
NASA has asked industry to submit feedback on a draft performance work statement for the Consolidated Operations, Management, Engineering and Test contract that will replace the Kennedy Space Center’s Test and Operations Support Contract. The proposed COMET contract will include management services for KSC’s launch infrastructure and ground proc...
PAE (Nasdaq: PAE) reported $748.6 million in revenue for the first quarter of its 2021 fiscal year, up 21.3 percent from the prior year period. The company attributed the $131.3 million increase to acquisition-related revenue of $88.8 million and contract awards worth $42.5 million. Charlie Peiffer, interim president and CEO of PAE, said the company...
The Library of Congress has awarded four spots on a potential five-year, $150 million multiple-award contract to provide a full range of information technology life cycle technical support services. The awardees on the IT services indefinite-delivery/indefinite-quantity contract are MIL Corp., CGI’s (NYSE: GIB) federal arm, Artemis Consulting and ...
NEC Corporation of America has launched a new subsidiary that will offer biometric identity, machine learning, computer vision and artificial intelligence applications to the homeland security, defense, intelligence and law enforcement sectors. Benji Hutchinson, an industry veteran and a biometrics and AI leader, will lead NEC National Security Solu...
Catherine Urban, formerly deputy chief financial officer of Advanced Concepts and Technologies International, has been appointed to succeed Mark Hughes as CFO of ACT I. She will directly report to ACT I CEO Michael Niggel and will bring to the role decades of business operations and finance experience with oversight of the company’s program contro...
