Babel Street has appointed Rob Lalumondier as chief revenue officer, adding a senior leader with experience in cybersecurity and threat intelligence as the company expands across the public sector, national security and commercial markets. In his new role, Lalumondier will oversee global revenue strategy, sales, channel operations and customer growt...
The $25 billion provided for the U.S. Coast Guard in the One Big Beautiful Bill Act is the largest investment in the service’s history, Homeland Security Secretary Kristi Noem told a packed ballroom on Wednesday during her keynote address at the Potomac Officers Club’s 2025 Homeland Security Summit. Noem, who received two standing ovat...
ARMADA Parent, a provider of ship repair and construction services for the U.S. Navy, has acquired Virginia-based Poseidon Industrial to expand its maritime modernization and technical service capabilities across defense programs. How Will the Acquisition Strengthen ARMADA? The acquisition adds Poseidon to ARMADA’s network of operating compani...
The Department of Homeland Security’s Immigration and Customs Enforcement has started soliciting proposals for a potential two-year, $180 million contract to provide skip tracing services. According to a solicitation notice published Monday on SAM.gov, the indefinite-delivery/indefinite-quantity contract has a one-year base period and on...
The U.S. Senate voted 60–40 to advance a bipartisan funding measure that could end the longest government shutdown in U.S. history, clearing a key procedural hurdle toward reopening federal agencies and restoring pay for hundreds of thousands of workers. The vote allows debate to proceed on a modified continuing resolution that would extend curren...
Obviant has secured a $99 million prototype award funded by the Defense Innovation Unit to modernize how the Department of War and other government organizations access and use defense acquisition, contracting and budgeting data. Under the contract, the technology company will provide DIU’s commercial team with an operating platform to consoli...
SES CEO Adel Al-Saleh said the third quarter of 2025 marked the first quarter of the combined company following the full consolidation of Intelsat from July 17. In July, Luxembourg-based satellite communications company SES closed its acquisition of Intelsat to create a multi-orbit operator that offers an expanded suite of satellite-based capabiliti...
Amphenol has finalized its $1 billion cash acquisition of Trexon from Audax Private Equity, expanding its portfolio of advanced interconnect and cable assembly products across defense and industrial markets. The company said Trexon will be integrated into Amphenol’s harsh environment solutions segment and is expected to be accretive to earnings wi...
SpaceX has agreed to acquire EchoStar’s full portfolio of unpaired AWS-3 spectrum licenses for approximately $2.6 billion in SpaceX stock. EchoStar said Thursday the transaction is expected to close following regulatory approvals and satisfaction of customary closing conditions. What the Spectrum Deal Means for SpaceX & EchoStar? Accordi...
Bugcrowd has acquired Mayhem Security, a provider of artificial intelligence-enabled offensive security tools and services. Following the transaction’s completion, Bugcrowd said it will integrate Mayhem’s automation capabilities with its global hacker community to create an AI-powered, human-in-the-loop security testing platform. Financi...
