Tyto Athene, a portfolio company of Washington, D.C.-based private investment firm Arlington Capital Partners, has closed its purchase of software development firm Microtel for an undisclosed sum as part of a push to broaden its customer relationships and space system capabilities. Microtel is a systems engineering firm that develops mission-critica...
For the past 20-plus years, Jason Adolf has helped government agencies identify and implement technologies that help them modernize for the present and the future. As vice president for global public sector at Appian, he works closely with defense and civilian agencies as well as state and local government and education institutions to help them...
A General Dynamics (NYSE: GD) business has received a potential five-year, $518.8 million contract from the U.S. Army to provide system technical support services for the military branch’s Stryker armored fighting vehicles. Army Contracting Command conducted an online solicitation and received one offer for the cost-plus-fixed-fee contract, the De...
Palm Beach, Florida-based investment firm Kanders & Co. has agreed to acquire certain antenna and test equipment businesses of L3Harris Technologies (NYSE: LHX) for approximately $200 million. L3Harris said Friday the planned divestment is part of its portfolio-shaping strategy for non-core assets and it expects to use the proceeds from the tran...
Executive Mosaic’s GovCon Index rose 0.46% to $4,896.02 Friday as 22 of its constituents advanced. However, the index, which tracks the stock performances of 30 major government contractors, still ended 1.35% lower week-on-week due to the weak start in April. Wall Street’s major indexes closed the week with losses despite bouncing back from thei...
With the U.S. fitting into a larger interconnected web of allies and mutually beneficial geopolitical relationships, anything the country does has ripple effects. Its maneuvers thus require negotiations with partners, which are enabled by technologies that are not just customized for one Department of Defense component, but accessible and usable by ...
Randy Resnick, director of the Zero Trust Portfolio Management Office within the Department of Defense’s Office of the Chief Information Officer, has been named to the 2024 Wash100 list for his work advancing and synchronizing zero trust efforts and initiatives across the DOD enterprise. This marks Resnick’s debut on Executive Mosaic’s Wash10...
The Honorable Doug Bush, assistant secretary of the Army for acquisition, logistics and technology, has been confirmed to speak at the Potomac Officers Club’s 9th Annual Army Summit on June 13. Each year, the Annual Army Summit brings together top Army officials and industry experts to explore the near- and long-term challenges and priorities sha...
Executive Mosaic is excited to confer the honor of the 2024 Wash100 Award to Leidos Chief Growth Officer Gerry Fasano. This year’s award — his fifth consecutive — recognizes Fasano’s increasingly pivotal role in helping to bolster the company’s footprint in the market and his pursuit of defense sector objectives. The Wash100 are the 100...
Zapata AI, an industrial generative artificial intelligence software company, is set to begin trading on Monday, April 1, on Nasdaq after it completed its merger with special purpose acquisition company Andretti Acquisition (NYSE: WNNR). The combined entity will operate as Zapata AI and list its common stock and warrants on Nasdaq using the ticker s...
