Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to create a publicly listed aerospace and defense engineering and manufacturing company with an implied enterprise value of up to $320 million. The combined company will operate as ...
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for the U.S. military. What Capabilities Are Added Through the Acquisition? The Tysons, Virginia-based company said the move establishes its entry into the hardware domain, complementing its softw...
David Lee, field chief technology officer at Saviynt, said adopting a cloud-based, artificial intelligence-powered identity security platform could help government agencies mitigate risks by unifying a wide range of activities and tools in a single place. What Is Identity Governance & Administration? In an article published on Carahsoft.com, Lee...
Peerless Technologies has acquired Maryland-based defense contractor QED Systems. Peerless said in a LinkedIn post Monday that the acquisition is part of its effort to expand its capabilities to better support military customers. “Together, Peerless and QED offer expanded capabilities and stronger mission support to our warfighters,” sta...
LevelBlue, a pure-play managed security services provider, has finalized its acquisition of cybersecurity firm Cybereason as part of efforts to expand its capabilities in extended detection and response, or XDR, digital forensics and incident response, or DFIR, and threat intelligence. Cyberthreats are on the rise, and government data has become the...
BAE Systems Land & Armaments has secured a contract modification valued at more than $390 million to produce additional Bradley A4 infantry fighting vehicles for the U.S. Army, supporting the service’s multiyear effort to replace legacy Bradley variants with the A4 configuration, which offers improvements in mobility, lethality and crew pr...
Under Secretary of Defense for Research and Engineering Emil Michael — the Pentagon’s chief technology officer — will keynote the Potomac Officers Club’s 2026 Defense R&D Summit on Jan. 29 at the Hilton McLean in Virginia. The event will be POC’s first major GovCon gathering of 2026 and is expected to draw senior defense lead...
Enabled Intelligence has secured the National Geospatial-Intelligence Agency’s SEQUOIA contract, a single-award vehicle worth up to $708 million over seven years to provide data labeling-as-a-service for geospatial artificial intelligence and machine learning programs. The work will span multiple NGA directorates and extend to Department of De...
Amentum posted $3.93 billion in fourth-quarter revenue for fiscal year 2025, up 77 percent from the prior-year period. In an earnings release published Monday, the advanced engineering and technology company said its annual revenue was $14.4 billion, up 4 percent on a pro forma basis. This surge was driven by sustained demand and yearly growth ...
The Army has awarded Boeing a $4.68 billion firm-fixed-price contract to procure new Apache AH-64E attack helicopters, Longbow crew trainers, and related parts and accessories. The award includes $2.29 billion in foreign military sales funding for Poland, Egypt and Kuwait, the Department of Defense said Tuesday. Work will take place in Mesa, Arizona...
