Software investment firm Thoma Bravo has agreed to acquire Verint, a customer experience, or CX, automation company, in an all-cash transaction valued at approximately $2 billion. In a joint release published Friday, the companies said Verint’s board unanimously approved the deal, which is expected to close before the end of Verint’s cur...
Northrop Grumman received a $99.1 million contract from the U.S. Navy to provide support to the Department of Defense’s Combined Joint All-Domain Command and Control, or CJADC2, vision. CJADC2 Contract Scope The Department of Defense said Monday the cost-plus-fixed-fee, which was not subject to competition, covers the procurement of advan...
The U.S. Army has awarded General Dynamics Land Systems a $202.8 million follow-on contract for logistics support and related services for the military branch’s Stryker armored fighting vehicles. Stryker Wholesale Supply Performance Based Logistics Services Contract According to an award notice published Monday on SAM.gov, the Stryker Wholesal...
Pasteur Labs has acquired FOSAI for an undisclosed sum as part of efforts to drive the adoption of its artificial intelligence-driven physics simulation capabilities for defense and space applications. “This acquisition represents a natural evolution of our mission to bridge the gap between breakthrough simulation-based R&D and real-world ...
Red River has appointed David Raffetto as senior vice president and general manager of its technology solutions division, a move aimed at accelerating the company’s growth in federal and commercial technology markets. In his new role, Raffetto will lead sales teams, direct go-to-market strategy, drive growth across diverse markets and strength...
Lawmakers are moving forward with reforming how the U.S. sells weapon systems to allies to help the U.S. get advanced technologies such as unmanned systems into the hands of partner nations faster. The House Foreign Affairs Committee in late July progressed a number of legislative packages that had provisions to incentivize U.S. capabilities an...
Gil Gur Arie, a seasoned chief data officer, has joined Claroty as its new chief product officer. The cyber-physical systems protection company said Wednesday Arie will be responsible for the company’s product and research and development organization. He will lead product strategy and development for the Cyber-Physical Systems Prote...
General Atomics‘ aeronautical systems business unit has acquired a portfolio of patents, intellectual property and other key assets from Achates Power. Integrating Achates Power’s Opposed-Piston Engine Tech With GA-ASI’s Portfolio General Atomics Aeronautical Systems Inc. said Tuesday the transaction strengthens its capabiliti...
Tria Federal has elevated Murali Mallina to chief technology officer. The digital services provider said Tuesday Mallina will oversee Tria Labs, the company’s dedicated technology innovation group. He will spearhead the development and testing of emerging technologies, and guide new ideas from research and development through rapid protot...
LevelBlue has finalized its acquisition of Trustwave, a move LevelBlue CEO Bob McCullen previously described as a pivotal moment for the entire cybersecurity industry. In a blog published Tuesday, the executive said the deal, which was first announced in July, establishes the company as the world’s largest independent, pure-play managed security s...
