A Symphony Technology Group-led consortium has closed its $1.2 billion cash acquisition of the FireEye Products business from Mandiant (Nasdaq: MNDT) to create a new pure-play cybersecurity vendor. Friday’s announcement of the deal closing came four days after Mandiant’s rebranding move and stock ticker symbol update. STG said it intends...
Potomac Officers Club (POC) hosted its highly-anticipated Optimizing the Hybrid Workforce Forum on Thursday to bring together the significant members from across the federal government and industry to discuss how to ensure a strong workforce culture, uncover risks that may undermine mission effectiveness and leverage data to inform change management...
OSI Systems‘s (Nasdaq: OSIS) security business has received a pair of delivery orders worth potentially $265M combined, including options, to supply non-intrusive inspection systems to the U.S. Customs and Border Protection. The orders are part of CBP’s two indefinite-delivery/indefinite-quantity contracts for X-ray equipment designed to...
The Department of Defense has completed the market research for a program that will replace the Joint Enterprise Defense Infrastructure cloud initiative and expects to decide by the end of October which vendors will be allowed to take part in the new program, Federal News Network reported Thursday. The Joint Warfighter Cloud Capability program will...
Arlington Capital Partners has agreed to purchase Systems Planning and Analysis from CM Equity Partners and SPA Management for an undisclosed sum and plans to combine SPA with its portfolio company MCR to create an independent advisory firm focused on supporting the missions of government and national security customers. William Vantine, president a...
Rusty Murdaugh, president of Austal’s U.S. arm, said the company is transitioning to steel-based shipbuilding and developing its ship repair business as part of its strategic evolution, Breaking Defense reported Tuesday. “The kick for us [to push for steel] was when we weren’t able to secure the frigate design. We re-evaluated where we needed ...
The Department of Justice has expanded its efforts to combat cyber threats with the launch of an initiative aimed at cracking down on government contractors that made false cybersecurity-related fraud claims. The new Civil Cyber-Fraud Initiative will leverage the False Claims Act, a civil enforcement tool meant to address fraudulent conduct by compa...
TYSONS CORNER, VA, Oct. 6, 2021 — A vice president at Raytheon Technologies‘ (NYSE: RTX) intelligence and space business has talked about how the company provided assistance in analyzing and detecting fire patterns during an ongoing series of wildfires in California by employing its artificial intelligence technology that leverages ensemble ...
In an effort to streamline the organization’s overlapping systems and harmonize challenges across centers and directorates, the Defense Intelligence Agency released its standardized framework for a coherent approach in achieving multilevel objectives in June. Lt. Gen Scott Berrier, director of DIA, said the 2021 DIA Strategy co...
Jason Payne, chief technology officer of Microsoft’s (Nasdaq: MSFT) federal business, said agencies should reassess how they field and manage multicloud and hybrid information technology environments and one of the things they should consider is having a comprehensive, coherent security model that looks at the applications’ entire lifecyc...
