- M&A Activity
McKean Defense Group has wrapped up its purchase of Mikros Systems for approximately $4.6 million, or $0.13 per share, through a cash transaction first announced in November....
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McKean Defense Group has wrapped up its purchase of Mikros Systems for approximately $4.6 million, or $0.13 per share, through a cash transaction first announced in November....
An affiliate of global investment firm The Carlyle Group (Nasdaq: CG) has acquired and combined Two Six Labs and IST Research to establish a technology platforms provider, Two Six Technologies, to the Department of Defense, Intelligence Community and other U.S. national security clients. Joe Logue, formerly an executive vice president at Booz Allen ...
The U.S. Army has issued a second request for information for a potential five-year, $4 billion follow-on contract for commercial information technology hardware and services, Bloomberg Government reported Friday. The latest RFI suggests that the service may compete the Common Hardware Systems 6th Generation contract as a multiple-award contract and...
Agencies obligated $7.9 billion on information technology contracts under the fifth iteration of NASA’s Solutions for Enterprise-Wide Procurement vehicle during fiscal year 2020, a 41 percent increase from the prior year, Bloomberg Government reported Thursday. The report said SEWP V was the top IT governmentwide procurement vehicle in FY 2020...
Stephen Kovac, vice president of global government and head of corporate compliance at Zscaler, described four tools he believes government agencies should implement as part of in-depth network defense against encrypted cyberattacks such as ransomware. In a guest piece for FedTech magazine published Wednesday, he urged agency information technology ...
Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a six-time Wash100 awardee, said the company merged its information technology and mission systems business segments into a single reporting unit called the technologies group, the Washington Business Journal reported Wednesday. “This new reporting reflects the way we manage thes...
The U.S. Army has issued three firm-fixed-price contracts worth $570 million combined for dry-dock and fleet maintenance services at designated locations in support of the military branch’s watercraft vessels. Fourteen companies landed spots on a $235 million contract for fleet modifications, on-condition routine maintenance, repairs and dry-dock ...
Veritas Capital has agreed to acquire Perspecta (NYSE: PRSP) in an all-cash deal worth $7.1 billion and plans to merge the latter with Peraton to establish a government technology platforms provider focused on delivering end-to-end information technology capabilities and mission support to U.S. government clients. Perspecta stockholders will get $29...
CACI International (NYSE: CACI) has received a potential three-year, $96 million task order to help the U.S. Army integrate, test and deploy information technology software for processing warfighters’ electronic medical records. The company said Tuesday it will provide engineering and logistics support to the Army Medical Communications for Co...
Sean Roche, former associate deputy director of the CIA, and XLA President and CEO Gary Slack have joined the board of directors of Concurrent Technologies Corp. They fill the seats vacated by Howard Picking III and Mark Pasquerilla, who previously led the CTC board and its finance committee before their terms’ expiry, the company said Monday...