Leonardo’s U.S. subsidiary is set to start trading Tuesday on Nasdaq under the ticker symbol “DRS” after the completion of its all-stock merger with Israel-based RADA Electronic Industries that was first announced in June. The closing of the transaction creates a public company that will offer sensing, network computing, force protection a...
QinetiQ Group’s U.S. arm has completed its purchase of Avantus Federal from NewSpring Holdings in a strategy to bring innovation in the field of software, hardware and mission services to defense, intelligence, homeland security, law enforcement and civilian agencies. The $590 million deal was first announced in August and QinetiQ US said Wednesda...
AECOM is the world’s trusted infrastructure consulting firm for program and construction management. The company has provided design and engineering services to governmental or commercial clients in over 45 countries. Learn more about the top AECOM government contracts in 2022 right here. 1. USACE Awards International Remediation and Environme...
The Defense Information Systems Agency and Lumen Technologies (NYSE: LUMN) are collaborating to launch a cloud-based telephony infrastructure in an effort to provide Department of Defense employees with virtual phone access via a Microsoft (Nasdaq: MSFT) business communication platform. Lumen was awarded a $221 million contract to deploy and operate...
The two main concepts on which the U.S. Army’s cyber team is concentrated in order to protect its information are time and scale. Responding to potential threats in “machine time” in order to diminish the blast radius of a harmful event is crucial, as is executing cybersecurity that matches the breadth of resources in need of...
Science Applications International Corp. (NYSE: SAIC) reported Tuesday that the space and intelligence work-related contracts it booked for the third quarter of fiscal year 2023 reached an estimated $950 million. The contract awards include projects in space systems, intelligence, joint all-domain command and control as well as model-based systems e...
Over the last eight-plus years, Bill Webner has helped information technology services and consulting company Capgemini better serve federal customers in the national security, defense, civil and health sectors. Through his work as vice president of the organization’s Government Solutions arm, Webner has overseen digital transformation e...
Cybersecurity platforms provider Cycurion has agreed to merge with blank check company Western Acquisition Ventures (Nasdaq: WAVS) in a transaction that would take the former public and give the combined entity a total pro forma equity value of about $271.63 million. The boards of directors of Cycurion and Western have unanimously approved the deal ...
Chris Montferret, a more than two-decade veteran at General Dynamics‘ (NYSE: GD) mission systems business, was elevated to the role of vice president of strategy and business development for the maritime and strategic systems unit. In a LinkedIn post, he announced his executive move within General Dynamics Mission Systems and welcomed the oppo...
Deep Water Point, a portfolio company of Renovus Capital Partners, has agreed to buy Wolf Den Associates for an undisclosed sum as part of efforts to expand the delivery of full lifecycle growth support services to federal market customers. The transaction will combine Deep Water Point’s go-to-market strategies and market opportunity insights with...
