IBM has agreed to acquire information technology modernization and digital transformation services provider, Octo, from Arlington Capital Partners in a deal advised by Baird. The acquisition, which marks IBM’s eighth this year, is anticipated to augment the organization’s digital transformation capabilities in defense, health and civil...
When Vectrus and The Vertex Company completed their merger to form V2X in July, the enterprise’s projected pro forma revenue was approximately $3.4 billion. As the year comes to a close, V2X now has a combined backlog of over $12 billion, which is three and a half times more than early estimates anticipated. Leading the merged entity’s...
The Defense Innovation Unit has awarded Kodiak Robotics and Applied Intuition an approximately $50 million contract to build and test software prototypes intended to help the U.S. Army automate future ground combat vehicles. DIU said Tuesday the two companies were chosen for the Ground Vehicle Autonomous Pathways competition after a panel of Departm...
Serco Group’s North American subsidiary has appointed former Northrop Grumman (NYSE: NOC) executive Gator Harvey as vice president of transportation and homeland security services. He will be responsible for Serco Inc.’s operations and business development strategies in emergency management, fleet, aviation and intelligent transport serv...
The State Department has approved Poland’s request to buy from the U.S. government M1A1 Abrams main battle tanks, other vehicles and related equipment through a potential $3.75 billion foreign military sales agreement. The Defense Security Cooperation Agency said Tuesday there will be 12 prime contractors on the proposed FMS transaction, which inc...
Cydecor has purchased InnovaSystems International for an undisclosed sum as part of efforts to expand its technical capabilities and client base in the defense and national security market. The combined entity aims to offer database development, software engineering, user experience architecture, business intelligence and analytics services to help ...
Mile Corrigan has dedicated her career to advancing national security goals through measured, consistent technological progress and continuous innovation for the federal sector. A long-time employee of Noblis, the Reston, Virginia-based nonprofit science and technology organization, Corrigan initially served in roles such as computer scientist and s...
Science Applications International Corp. (NYSE: SAIC) posted $1.91 billion in revenue for the third quarter of its 2023 fiscal year, up 1 percent from the prior-year period, and recorded $1.45 in diluted earnings per share and adjusted diluted EPS of $1.90. The Reston, Virginia-based government technology services contractor recorded $2 billion in Q...
Honeywell International Inc. has been a trusted contractor for the federal government for over 100 years. The company provides innovative solutions in four business areas: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. Take a look at the top Honeywell government contracts. 1. DMEA Mod...
Bruno Pesanti, a technology executive with three decades of combined government and industry experience, has been named lead for the Navy and Marine Corps sector at CGI‘s (NYSE: GIB) federal arm. The sector Pesanti will oversee is part of CGI Federal’s defense intelligence and space unit and he will also hold the title of vice...
