The Carlyle Group (Nasdaq: CG) signed an agreement to invest in NORDAM, a family-owned aerospace manufacturing and repair company, and will support the latter™s strategic plan and growth initiatives. The equity investment from the Carlyle Strategic Partners IV L.P. fund and debt financing will also help NORDAM emerge from Chapter 11 bankruptcy,...
The U.S. Army has selected an additional seven companies to compete for knowledge-based professional engineering service orders under the small business portion of the $37.4B Responsive Strategic Sourcing for Service contract vehicle. The cost-plus-fixed-fee and cost-plus-incentive-fee contract covers support for command, control, communications, co...
Tyto Athene has acquired Island Information Technology Consultants for an undisclosed sum in a move to expand its intelligence community capabilities and form a mid-market mission critical technology platforms and services provider in support of government clients. œDecisions are made where information is consumed and therefore assuring in...
Lockheed Martin (NYSE: LMT) has received a potential $92.8M contract modification from the U.S. Navy to provide engineering and interim logistics support for a global military satellite communications system. The company will also provide Mobile User Objective System spares and associated materials, the Department of Defense said Tuesday. Work is sc...
Casey Coleman, senior vice president of global government solutions at Salesforce (NYSE: CRM), said that agencies should implement cloud computing platforms to address the needs of people they serve and increase their confidence in the government. Coleman wrote that cloud services could enable agencies to immediately address the œtrust gap betw...
Jim Garrettson, founder and CEO of Executive Mosaic, presented Tony Moraco, CEO of Science Applications International Corporation, with his sixth consecutive Wash100 Award on Monday. Executive Mosaic recognizes Moraco for his leadership, notably during the company’s ongoing $2.5B acquisition of Engility and in recording consistent financial su...
Shamlan Siddiqi, chief technology officer of NTT DATA™s public sector business, has offered five suggestions for organizations to strengthen their cybersecurity posture following the partial government shutdown. The shutdown ended on Feb. 15 after President Donald Trump signed into law an appropriations package that would fund the rest of ...
Comcast (Nasdaq: CMCSA) has purchased Arlington, Va.-based cybersecurity firm BluVector for an undisclosed sum. BluVector develops and provides platforms based on artificial intelligence and machine learning designed to help government agencies and companies detect and address zero-day malware, ransomware and other cyber threats, Comcast said Friday...
Roberta Gosling, a 28-year veteran of Booz Allen Hamilton (NYSE: BAH), has been appointed vice president and general manager of Pragmatics‘ federal civilian organization. She will oversee the delivery of information technology services to government customers, as well as expand current service offerings and identify new business opportunities ...
The Centers for Medicare and Medicaid Services has awarded four companies spots on a potential $1.5B contract to support CMS’ statutory review functions. Each contractor will receive a minimum guarantee of $1K under the multiple-award indefinite-delivery/indefinite-quantity contract, CMS said Thursday in a FedBizOpps award notice. The awardees...
