AeroVironment (Nasdaq: AVAV) has finalized its acquisition of Arcturus UAV through a $405 million cash-and-stock transaction in a push to expand its portfolio with the addition of medium unmanned aircraft systems. AeroVironment said Monday Arcturus UAV will operate as its wholly owned subsidiary following the completion of the transaction, which was...
The U.S. Navy has continually worked to decentralize, differentialize and digitize the service branch’s work as well as develop its talent in the field. As the Navy continues to evolve to meet the growing demands, challenges still remain. Join GovConWire’s Navy: IT Transformation Forum to hear notable industry and federal leaders discuss t...
Rachelle Henderson chief information officer (CIO) of Immigration and Customs Enforcement (ICE) within the U.S. Department of Homeland Security (DHS), recently discussed modernization efforts, priorities and challenges that support national security initiatives during Potomac Officers Club’s 2021 Border Protection Innovations and Technology Forum....
Cyxtera Technologies has agreed to join forces with Starboard Value Acquisition Corp. (Nasdaq: SVAC) in an approximately $3.4 billion merger transaction to create a publicly traded data center services provider in the government and commercial markets. The boards of directors at the two companies unanimously approved the deal and both parties expect...
Michael Dell, chairman and CEO of Dell Technologies (NYSE: DELL), has formed a special purpose acquisition company – MSD Acquisition Corp. – that plans to raise $575 million in funds through an initial public offering, CRN reported Monday. MSD Acquisition intends to offer 50 million investment units at $10 apiece through the IPO with plans...
Executive Mosaic is pleased to present Kevin Phillips, chairman, president and CEO of ManTech International, as an inductee into the 2021 Wash100 Award for driving company growth through acquisitions, securing major government contract awards and driving innovation in emerging technologies. This marks the fifth straight time that Kevin Phillip...
Southwest Research Institute will help the U.S. Air Force study the degradation process for aircraft structures under a potential six-year, $99 million contract. The nonprofit organization will conduct research and engineering work on aging systems and materials in support of the Center for Aircraft Structural Life Extension, also known as CAStLE, t...
Nilanjan Sengupta, a managing director at Accenture (NYSE: ACN), has been promoted as chief technology officer of the applied intelligence practice within the company’s federal services subsidiary, G2Xchange FedCiv reported Friday. He will be responsible for Accenture Federal Services’ convergence efforts in cloud computing, analytics, a...
TYSONS CORNER, VA, February 22, 2021 — Amazon Web Services and BAE Systems have made the latter’s suite of artificial intelligence offerings available to government agencies through the AWS Marketplace for GovCloud (US) region, ExecutiveBiz reported Feb. 9. The defense company said it also offers a data labeling-as-a-service platform designe...
TYSONS CORNER, VA, February 22, 2021 — Robert Dapkiewicz, senior vice president and general manager of MetTel’s federal business, said adopting a software-defined wireless area network could help agencies manage visibility and bandwidth connectivity, ExecutiveBiz reported Feb. 9. “In order to help organizations adapt to rapid changes, ...
