Leidos has agreed to acquire power design firm ENTRUST Solutions Group from private equity firm Kohlberg for approximately $2.4 billion as part of efforts to expand its energy infrastructure portfolio. Reston, Virginia-based Leidos said Monday it expects the deal to conclude by the end of the second quarter of 2026, subject to regulatory approvals a...
Customs and Border Protection is planning to solicit a new requirement for a Modular Mobile Surveillance System, or M2S2, program with an estimated value exceeding $100 million. What Is the Scope of the Proposed M2S2 Contract? According to a notice published Friday in the Acquisition Planning Forecast System, the effort will cover delivery, eng...
Tetra Tech has acquired Halvik, a federal IT services and advisory consulting firm, for an undisclosed sum as part of a push to expand its data analytics, artificial intelligence and enterprise technology services for U.S. defense and civilian agencies. Pasadena, California-based Tetra Tech said Thursday Halvik will become part of the company’...
Claroty has secured $150 million in a Series F funding round to support global expansion and continued development of its cyber-physical systems, or CPS, security platform as demand grows for critical infrastructure environment protection. The Series F round was led by Golub Growth, with additional participation from existing investors of up to $50 ...
BAE Systems has been awarded a $473 million contract from the U.S. Army for the procurement of M109A7 Paladin self-propelled howitzer sets. Learn how the U.S. Army is reshaping contracting under its 2030 transformation initiative at the Potomac Officers Club’s 2026 Army Summit on June 18, where senior officials and GovCon experts will sha...
BigBear.ai has acquired key technology assets from CargoSeer, an artificial intelligence software firm focused on cargo inspection and trade risk management. The transaction, announced by BigBear.ai on Wednesday, covers CargoSeer’s automated capabilities for customs enforcement agencies worldwide. Financial terms were not disclosed. The 2026 G...
The U.S. Navy has awarded contract modifications to 109 companies, raising their base period contract ceiling by $45 billion to continue supporting the Worldwide Expeditionary Multiple Award Contract – Territorial Integrity of the U.S., or WEXMAC TITUS, program. What Is the Scope of the WEXMAC TITUS Contract? The Department of War said Friday...
Appian has secured a new enterprise agreement with the U.S. Army that expands the service’s access to artificial intelligence-powered process automation in support of its modernization efforts. How Will the Enterprise Agreement Support Army Modernization? Under the 10-year enterprise agreement, the Army can procure up to $500 million in ...
Parsons has acquired Altamira Technologies for approximately $375 million as part of efforts to expand its signals intelligence, missile warning, cyber and space capabilities for the Department of War and U.S. intelligence community customers. Parsons said Tuesday Altamira’s more than 600 employees, over 90 percent of whom hold security cleara...
NOTE: O’Donell is no longer keynoting the 2026 Defense R&D Summit, but attendees can expect the same great business opportunities and actionable intelligence from our other keynotes: Under Secretary of War for Acquisition and Sustainment Michael Duffey, National Geospatial-Intelligence Agency Director for GEOINT Innovation and Research Dr....
