Raft has recently established the chief operating officer and chief people officer roles within its leadership team to mark its rapid growth and commitment to innovation and scaling operations. The company said Wednesday Mark Procaccini, former senior vice president of operations, was promoted to COO, while Danielle McCoy was elevated to CPO post fr...
The Department of Homeland Security intends to launch a competition for a follow-on contract to procure business and logistics support services for the U.S. Coast Guard. According to a notice published Tuesday on the Acquisition Planning Forecast System, DHS expects the blanket purchase agreement to amount over $100 million and anticipates the relea...
BAE Systems has booked a $184 million contract modification from the U.S. Army to continue producing Armored Multi-Purpose Vehicles in support of efforts to modernize the force. The company said Wednesday the follow-on order covers the delivery of an additional 48 AMPVs outside of the 450 units requested under the initial $797 million full...
Adam Norris, a veteran technology executive with more than three decades of experience in secure software development, DevSecOps, zero trust architecture and automation, has been elevated to chief technology officer role at DecisionPoint, the company announced via LinkedIn Wednesday. As the DecisionPoint CTO, Norris will oversee the modern...
The State Department has awarded three small businesses positions on a potential $100 million contract to provide repair, replacement and maintenance support for heating, ventilation and air conditioning and related building control systems at the department’s facilities abroad. According to an award notice published Tuesday, the selected vend...
Tecolote Research has secured a U.S. Space Force contract worth $148.1 million to provide acquisition and financial consulting support and related services for Space Systems Command’s Assured Access to Space programs. The Department of Defense said Wednesday SSC conducted a competitive procurement process for the firm-fixed-price contract with one...
Renovus Capital Partners has raised $875 million from new and existing investors for its fourth private equity fund. The Philadelphia-based private equity firm said Tuesday Renovus IV was oversubscribed, exceeding its target of $750 million. According to Renovus, the fourth fund will focus on making control investments in founder-owned small and med...
A General Dynamics (NYSE: GD) subsidiary has secured two U.S. Navy contract modifications valued at approximately $1.2 billion combined to provide materials to support the construction of Block V and VI Virginia-class nuclear-powered attack submarines. Contract Action for Block V Submarines The Department of Defense said Tuesday a potential $878 mil...
The Department of Defense has awarded defense technology company Anduril Industries a $250 million contract to strengthen air defense capabilities across all military services. Anduril said Tuesday the contract covers the delivery of more than 500 Roadrunner-Ms and additional Pulsar electronic warfare capabilities to enhance the nationR...
A Raymond James (NYSE: RJF) report has found that the volume of merger and acquisition-related transactions in the government technology solutions market dropped 12 percent in the third quarter of 2024 compared with the same period last year. According to the company’s quarterly market update, despite the decline in Q3 2024 M&A deal volume...
