Parsons has agreed to acquire Miami-based BCC Engineering for approximately $230 million in cash as part of efforts to enhance its infrastructure capabilities and expand its presence in the Southeastern U.S. Strengthening Infrastructure Capabilities Parsons said Monday the all-cash transaction is expected to be finalized in the next 30 days and alig...
Thales has agreed to buy a Boeing subsidiary that manufactures surveillance equipment for the U.S. military for an undisclosed sum, Reuters reported Sunday. In a statement, Boeing said the defense and security arm of French defense electronics firm Thales will acquire Digital Receiver Technology. The Wall Street Journal reported that Boeing is looki...
Leidos received a follow-on contract from the Naval Information Warfare Center Pacific valued at $248 million to provide support services for unmanned and automated systems for maritime intelligence, surveillance, and reconnaissance, or ISR. The company said Thursday the five-year single-award task order involves conducting research and analysi...
Kapil Wadhera has been at Intel for over 35 years and has gained a breadth of experience from across the company — from chip design to marketing, sales to general management. Given his wide-ranging expertise, he was an obvious choice to lead one of the key Intel Foundry efforts. This initiative was created in response...
The national security landscape has changed dramatically in recent years, and the United States’ security agencies are dealing with unprecedented challenges. GovCon Wire sat down with former Deputy Secretary and Acting Secretary of the Department of Homeland Security Elaine Duke to take a closer look at the national security challenges facing...
The Defense Security Cooperation Agency has seen a drastic increase in foreign military sales in recent years, fueled by the increasingly complex geopolitical landscape. According to DSCA Director Mike Miller, the agency has seen an “unprecedented surge” in demand for FMS. In a keynote address at the Potomac Officers Club’s GovCon In...
Unmanned aerial systems, or UAS, have become essential assets across the defense landscape. In this Executive Spotlight interview, TCOM Vice President of Business Development Nigel Sutton shared how the company’s partnership with Aerostar and Equinox is changing the game for ISR missions and transforming how the government deploys UAS. Sutton...
Executive Mosaic has appointed John Zangardi, CEO of Redhorse, as chairman of Leadership Group 2, part of its 4×24 Executive Leadership Series. The 4×24 Executive Leadership Program unites senior industry executives and top government officials through networking and dinner events designed to foster collaboration between the public and ...
Artificial intelligence is taking the federal government by storm. This rapidly advancing technology has shown immense potential for a wide range of Department of Homeland Security missions, one of which is securing the border. Get an exclusive look into key DHS initiatives at the Potomac Officers Club’s 2024 Homeland Security Summit, where g...
The Kingdom of Saudi Arabia has received clearance from the U.S. State Department to purchase missiles, ammunition and other weapon systems via three foreign military sale transactions worth potentially $1.05 billion. The Defense Security Cooperation Agency said Friday KAS requested to buy 2,503 AGM-114R3 Hellfire II missiles and related equipment f...
