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Digital services company Lithe Solutions has appointed Ravi Gourineni, an information technology executive, as chief operating officer. In a LinkedIn post published Tuesday, the company said Gourineni will oversee growth initiatives and help ensure the delivery of innovative platforms to clients. “[Gourineni’s] expertise in agile develop...

The U.S. Air Force has issued two separate research announcements to meet the need for an artificial intelligence-based advanced tracking architecture and technologies supporting space domain awareness. The Air Force Research Laboratory plans to issue multiple awards in the form of procurement contracts or other transaction agreements to meet the tw...

Lizy Paul, a defense industry leader who was a director at Lockheed Martin (NYSE: LMT), has taken on the role of vice president of technology and solutions at CACI International (NYSE: CACI). She announced her move through a LinkedIn post published Tuesday. Paul has experience in strategy planning and execution, business development and emerging tec...

A Leonardo DRS business has won a five-year, $417.2 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy for hardware products. DRS Laurel Technologies will develop, integrate and manufacture hardware for the U.S. and Australian navies and the Foreign Military Sales program under the fixed-price-incentive-fee, cost-plus-incent...

Dataminr has appointed Matthew Harrell as its new chief partner officer, who brings to the position more than 25 years of sales and channel leadership experience. The New York-headquartered artificial intelligence company said Tuesday that in his new role, Harrell will work to grow the global Dataminr partner ecosystem, which currently includes vari...

Shareholders at San Francisco-based multicloud infrastructure automation company HashiCorp (Nasdaq: HCP) have approved IBM’s (NYSE: IBM) proposed acquisition offer. HashiCorp said Monday both companies expect the transaction to conclude by the end of 2024, pending receipt of regulatory clearances and satisfaction of other custom...

Google’s parent company Alphabet (Nasdaq: GOOG) is in advanced discussions to buy New York-based cybersecurity startup Wiz for approximately $23 billion, The Wall Street Journal reported Sunday. People familiar with the matter told WSJ a deal could come soon. CEO Assaf Rappaport and his colleagues founded Wiz in 2020 to offer cloud security softwa...

Executive Mosaic’s GovCon Index recovered from its weak start in July. The index, which tracks the stock performances of 30 major government contractors, had substantial gains in three of five trading sessions, ending 0.58% higher to $4,982.68. Also, the 2.11% week-on-week advance was GCI’s second-strongest weekly gain in 2024. Wall Street had a...