InnoVETive Solutions, a joint venture between T-Rex Solutions and CPMC, has bought Pinnacle Solutions’ information technology services division for an undisclosed sum as part of federal IT market push....
Textron (NYSE: TXT) reported third quarter earnings below Wall Street’s expectation Thursday on restructuring costs and lower commercial deliveries in its Bell Helicopter segment. GovCon Index-S&P 500 company Textron reported $0.61 earnings per share versus the $0.67 analyst consensus with third quarter EPS ex...
Science Applications International Corp. (NYSE: SAIC) — one of 3 companies listed in Executive Mosaic’s GovCon Index — has reported first quarter earnings and revenue figures above the consensus Wall Street forecasts with sales contributions from the Scitor business acquired a year ago. The McLean, Virginia-based gov...
Brillient has received a task order from the Internal Revenue Service to develop a semantic database technology intended to help IRS researchers visualize trends and patterns in taxpayer compliance....
Maximus' (NYSE: MMS) federal business has received a potential five-year, $40M task order from the Internal Revenue Service to continue supporting custodial financial systems used to store and process tax information....
Verizon (NYSE: VZ) has secured a potential 13-year, $341M task order to support the Internal Revenue Service’s information technology modernization effort, FCW reported Thursday....
The Internal Revenue Service has awarded nine companies spots on a potential five-year, $1B blanket purchase agreement for support services to IRS' Information Technology Enterprise Program Management Office, G2Xchange ETC reported Friday. Contractors will compete for task orders to help the agency plan, manage and implement projects via th...
Pradeep Paruchuri, senior director of solutions engineering at UiPath, said agentic artificial intelligence could help government agencies improve efficiency by enabling systems to move from passive support roles to active task execution. “Agentic AI shifts technology from being a spectator to being an actor,” Paruchuri wrote in an artic...
Cybermedia Technologies has named Audra Upchurch as its new CEO. The McLean, Virginia-headquartered company said in a LinkedIn post Tuesday that Upchurch, who has served as its interim CEO since August, will lead strategic direction and growth across its federal portfolio. “It is truly an honor to step into the role of CEO at a...
The Department of Veterans Affairs has awarded a contract to Palantir Technologies to provide the National Center for Veterans Analysis and Statistics, or NCVAS, Platform. The award is valued at $385.4 million, according to a notice posted on SAM.gov posted Thursday. The VA’s Technology Acquisition Center serves as the contracting ac...
