Culmen International has purchased Tysons Corner, Va.-based Centrifuge Systems for an undisclosed sum in an effort to expand its big data intelligence and analytics offerings. Culmen said Tuesday the combined firm will run under the brand Culmen International and the Centrifuge team will be integrated with its technology solutions division under the...
Donald DiFrisco, former CEO of International Surveillance Technology, has been named president of Telecommunications Support Services — a portfolio company of Acorn Growth Companies and provider of technical services to the defense electronics sector. DiFrisco said in a statement released Tuesday he aims to continue TSSR...
Science Applications International Corp. (NYSE: SAIC) completed its $2.5B acquisition of Engility days after shareholders at both companies approved the merger deal at their respective meetings. SAIC said Monday the combined firm will continue to operate in Reston, Va., under the corporate name SAIC and leadership of CEO Tony Moraco. Moraco sai...
Federal contract spending has increased by 5.8 percent per year in the past five fiscal years driven by agencies™ rising use of simplified acquisition procedures and governmentwide procurement contracts, Bloomberg Government reported Wednesday. Contract spending in FY 2018 reached $560B, according to the report. Federal agencies obligated $15B ...
Leonardo DRS and Rafael Advanced Defense Systems have received a $79.6M contract to supply the U.S. Army and the U.S. Marine Corps with active protection systems designed to protect combat ground vehicles from anti-armor rockets and missiles. The industry team will provide additional TROPHY systems and the contract will bring the total f...
Kellstrom Defense Aerospace has acquired Williams Aerospace and Manufacturing for an undisclosed sum in a push to address a demand for spare parts services in the global military aircraft operator community. KDA said Monday its engineered products operating segment will incorporate WAM™s manufacturing processes and the combined compan...
Technical Services Corp. has purchased Virginia-based Accelerated Development & Support and rebranded as ADS Federal as a result of the acquisition. ADS Federal Angel Diaz said in a statement published Monday the combined firm will leverage ADS™ experience supporting the Department of Defense and identify critical requirements in ...
Cloudera (NYSE: CLDR) and Hortonworks have completed their merger to offer an enterprise data cloud platform designed to help organizations carry out data analytics and machine learning functions in hybrid and multicloud environments. Cloudera CEO Tom Reilly said in a statement published Thursday the combined entity will deliver a set...
Fulcrum has won a potential five-year, $128M contract from the Defense Intelligence Agency to provide operational and analysis support services to U.S. combat forces stationed in South Korea. Virginia Contracting Activity received seven offers for the labor-hour contract via a competition acquisition process, the Department of Defense said...
Raytheon (NYSE: RTN) has received a potential five-year, $205.2M contract to support a weapon system designed to help the U.S. Army identify and counter incoming rounds on land. The cost-plus-fixed-fee contract covers work on the Phalanx radar-guided gun through Dec. 27, 2023, the Department of Defense said Friday. Phalanx&n...
