Cognizant (Nasdaq: CTSH) has agreed to acquire Belcan in a cash-and-stock transaction worth approximately $1.3 billion to expand its engineering research and development capabilities and presence in the aerospace and defense industry. Cognizant said Monday it expects the transaction to conclude in the quarter ending Sept. 30, subject to regulatory c...
Industry offers a wealth of advanced technologies and a workforce trained on using these tools – a set of resources that serves as a major asset for the U.S. government. Though public-private partnerships are already abundant, there is still progress that needs to be made with collaboration from a cybersecurity perspective. As more and more...
U.S. Department of the Army Secretary and 2024 Wash100 Award winner Christine Wormuth made it clear at this year’s South by Southwest festival in March that the service branch is operating under a software-first directive. She specifically noted that “the Army’s success on future battlefields will depend on [its] ability to rapidly updat...
Executive Mosaic’s GovCon Index posted its second back-to-back weekly loss this year following three significant drops this week. The index, which tracks the stock performances of 30 major government contractors, declined 0.37% before the weekend to $4,953.15 for a 0.92% week-on-week loss. Wall Street also registered a weekly loss, led by Nasdaq ...
Today, the cyber and physical realms are closely intertwined, with cyberattacks having the potential to disrupt critical functions across all domains. These threats pose challenges to the U.S. Coast Guard’s mission to maintain a secure maritime environment, and the organization has recognized the need to fortify its cyber defenses. The Coast Guard...
Kelli Murphy, formerly a senior principal for business development at Science Applications International Corp. (Nasdaq: SAIC), has joined Pyramid Systems as vice president of client account delivery. She will lead the company’s Department of Homeland Security portfolio and oversee strategic growth initiatives, service delivery operations, cont...
Frank Varga, formerly chief operating officer at Apogee Engineering, has been promoted to president and CEO of the Colorado-headquartered national security and defense technology and services provider. He succeeds Wes Georges, founder of Apogee, and helps drive the growth of the company’s capability offerings for the federal and government mar...
TransDigm Group (NYSE: TDG) has closed its purchase of the electron device business of Communications & Power Industries, a TJC portfolio company, for approximately $1.38 billion in cash. The CPI electron device business produces electronic components and subsystems for the aerospace and defense market through its manufacturing locations in Cali...
There has been very little resistance to funding and beginning to implement the Department of Defense’s zero trust cybersecurity strategy, according to Deputy Chief Information Officer for Cybersecurity and Senior Information Security Officer David McKeown. This, however, is not as much the case with Cybersecurity Maturity Model Certification, th...
Tim Davis, formerly an associate director at Raytheon’s intelligence and space division, has been appointed vice president of strategy and operations at Chugach Government Solutions. In his new role, Davis will oversee the implementation and coordination of business strategies across the CGS enterprise, the Anchorage, Alaska-headquartered gove...
