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Intel (Nasdaq: INTC) has secured up to $3 billion in CHIPS and Science Act funding to work with the Department of Defense to broaden the production of secure semiconductors for the U.S. government and ensure the security of the domestic chip supply chain as part of the Secure Enclave program. The company said Monday Secure...
Investment banking firm Evercore (NYSE: EVR) has released its September report, which highlights the market performance of several U.S. defense and government services companies. The monthly update released by Evercore’s aerospace, defense and government services team shows the share performances, enterprise and equity values and operating met...
Mastercard (NYSE: MA) has agreed to buy threat intelligence company Recorded Future from private equity firm Insight Partners for $2.65 billion to broaden its identity, fraud prevention and cybersecurity services. The payment card services provider said Thursday it expects the transaction to conclude by the first quarter of 2025, subject to regulato...
Brielle Terry has been appointed vice president and general manager of rocket motor systems at Anduril Industries, according to the executive’s LinkedIn post Thursday. Terry started her career in 2015 when she co-founded Adranos, a manufacturing company focused on solid rocket motors and solid rocket fuel. She served as its chie...
ITT (NYSE: ITT) has completed its acquisition of kSARIA, a Behrman Capital portfolio company that manufactures and supplies connectivity offerings for the aerospace and defense end markets. The Stamford, Connecticut-based company said Thursday its purchase of kSARIA will be funded with a ~$460 million term loan and cash on hand. kSARIA is added to t...
Frederick Lodge has assumed the role of vice president of business operations at Peraton. The finance and business operations leader with over 20 years of experience confirmed his appointment in a LinkedIn post Thursday. In his new position, Lodge will oversee business operations for Peraton’s Citizen Security and Public Services Group.&...
The U.S. Navy has awarded 10 companies spots on a $669.9 million contract for the repair, maintenance and modernization of non-nuclear surface ships in Pearl Harbor, Hawaii. The indefinite-delivery/indefinite-quantity contract covers continuous maintenance, emergent maintenance and Chief of Naval Operations availabilities, the Department of Def...
Barbara Larson, an industry executive with more than two decades of experience in financial operations management and leadership, has joined SentinelOne as chief financial officer. She will have oversight of SentinelOne’s FP&A, accounting, tax and treasury, investor relations and internal audit as well as other global financial operations,...
The Department of Homeland Security’s Customs and Border Protection plans to launch a competition for the follow-on Integrated Traveler Initiatives contract to provide program management, engineering and operation and maintenance support services for CBP’s passenger systems program directorate. According to a notice published Thursday on the Acq...
Strategic Innovation Group has acquired Excelicon for an undisclosed sum as part of efforts to expand its information technology capabilities for federal agency customers. SIG said Wednesday Washington, D.C.-based Excelicon has been providing cyber policy and guidance, enterprise architecture, data analytics, agile DevSecOps and transformation, IT m...
