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HII‘s (NYSE: HII) Mission Technologies division has received a potential five-year, $458 million task order from the Department of Defense to help DOD modernize its communications and information technology networks to facilitate rapid decision-making on the battlefield. The company said Tuesday the U.S. Air Force’s 774th Enterprise Sour...

Strategic and technical consultancy Cadmus has acquired Ventera for an undisclosed sum to expand its digital transformation offerings for government and private sector companies.  As a result of the acquisition, Cadmus said Tuesday it will create a new technology solutions division focused on expanding its presence in the health care, finance, ...

Rod Fontecilla, former partner and chief innovation officer at Guidehouse, has assumed the newly created role of chief innovation and artificial intelligence officer at Madison Dearborn Partners-backed Harmonia Holdings Group. The executive will lead the Technology and Innovation Council, which was recently established to support the capability deve...

OceanSound Partners has secured $1.49 billion in total capital commitments for its second fund, enabling it to pursue investments in technology companies serving government and highly regulated enterprise end markets. The New York-based private equity firm said Tuesday the oversubscribed OceanSound Partners Fund II closed above its target of $1 bill...

Adam Geller, a security industry veteran with 25 years of experience as a product and engineering professional, has been named chief product officer at Zscaler (Nasdaq: ZS). The cloud security company said Monday Geller will be responsible for scaling and accelerating Zscaler’s next phase of innovation and growth. Jay Chaudhry, CEO, ...

Mobix Labs (Nasdaq: MOBX) has offered to acquire EMCORE (Nasdaq: EMKR), a provider of inertial sensors and systems for land, sea, air and space applications in the aerospace and defense market. The Irvine, California-headquartered fabless semiconductor company said Monday its all cash proposed offer is $3.80 per share, representing a more than 200 p...

Business aviation broadband connectivity provider Gogo (Nasdaq: GOGO) has signed a definitive agreement to acquire in-flight connectivity company Satcom Direct for $375 million in cash.  Gogo said Monday the transaction, which is expected to be completed before the end of 2024, will expand its footprint in the business aviation market and provi...

Executive Mosaic’s GovCon Index closed 0.43% higher at $5,366.84 on Friday for another winning week. The index, which tracks the stock performances of 30 major government contractors, had the same pattern in the last three weeks: three daily gains and two daily losses. Besides the 1.38% advance for the week, GCI is now up 14.96%...

The Department of Veterans Affairs has awarded General Dynamics Information Technology a potential five-year, $230.9 million contract to provide information technology support services for VA-designated executives, executive assistants and other end users. According to an award notice published Thursday on the Federal Procurement Data System, VA’s...