As the nature of threats continues to evolve, novel technologies, such as artificial intelligence, the cloud and numerous others, have grown in priority as the U.S. works to maintain its information advantage. Military service officers and executives who took part in a panel discussion Wednesday at ExecutiveBiz’s Information Warfare Forum sa...
Shareholders at Aerojet Rocketdyne (NYSE: AJRD) have approved a proposed agreement to sell the company to L3Harris Technologies (NYSE: LHX) and both parties expect the transaction to close in 2023, pending receipt of regulatory clearances and satisfaction of other customary closing conditions. Aerojet said Thursday 99.7 percent of the votes cast at...
John “JD” Parkes grew up attending defense trade shows with his father, who was a legacy Kodak commercial and government systems executive, so he’s always had an inherent understanding of the government contracting landscape. After Parkes earned an image science degree at the Rochester Institute of Technology, he immediately began a career ser...
Eighteen companies have won spots on a nine-year, $960 million U.S. Air Force contract to assist the Department of Defense and its partner nation agencies in combatting various security threats across the globe. USAF’s Air Combat Command Acquisition Management and Integration Center received 75 proposals for the Counter-Narcotics and Global Th...
Los Angeles-based Nexus Capital Management has acquired Aviation Ground Equipment Corp. for an undisclosed sum and will integrate AGEC as a new entity within HDT Global. Established in 1984, AGEC is a veteran-owned business that manufactures ground-based and shipboard ground power units, portable universal load banks and other aviation ground suppor...
Amentum completed its $1.9 billion all-cash acquisition of PAE in February 2022, and John Heller, who previously served as PAE CEO, became the head of the combined enterprise. Executive Mosaic spoke with Heller, a seven-time Wash100 Award winner, in an exclusive video interview to get an inside look at the company one year later. Vote for John H...
Deep Water Point has closed its acquisition of management consulting firm Wolf Den Associates and changed its name to Deep Water Point & Associates as part of a rebranding effort. The new corporate name reflects the combination of two companies into a single entity focused on delivering a suite of management consulting services to federal...
The U.S. Navy has awarded seven companies positions on a potential five-year, $2.5 billion contract to design and construct facilities in Guam and other areas of operations of the Naval Facilities Engineering Systems Command Pacific. NAVFAC Pacific received nine proposals for the firm-fixed-price, indefinite-delivery/indefinite-quantity contra...
Denver-based cybersecurity company Optiv has purchased Hanover, Maryland-based government IT provider ClearShark in a strategy to expand the former’s work with federal agencies, CRN reported Monday. The deal marks the company’s first acquisition under Lynch, who told CRN in an interview he expects to close more purchases moving forward. ...
The U.S. Army Corps of Engineers has awarded seven companies $99 million in total contract modifications to repair and renew medical facilities. Contractors will compete for task orders to support USACE’s design-build projects through March 11, 2023, the Defense Department said Friday. Work locations and funds will be identified as each order ...
