Bhargavi Kodali has assumed new responsibilities as chief information officer at NT Concepts. She will lead enterprise IT operations, partner programs and digital modernization efforts across the company’s technology portfolio, the Vienna, Virginia-based contractor said Tuesday. NT Concepts provides adversarial artificial intelligence, generat...
Reston, Virginia-based TekSynap has acquired technology engineering firm JBA for an undisclosed sum as part of a push to strengthen mission support for the FBI. How Does the JBA Acquisition Expand TekSynap’s Capabilities? TekSynap said Tuesday the transaction expands its footprint across the National Capital Region; Quantico, Virginia; the Cri...
Northrop Grumman has secured a $303.6 million indefinite-delivery/indefinite-quantity contract for the repair and return of radar components used on F-16 fighter aircraft operated by eight U.S. partner nations. The Department of Defense said Thursday the firm-fixed-price contract, issued by the Air Force Lifecycle Management Center at Hill Air Force...
Quantum computing firm IonQ has unveiled plans to acquire Skyloom Global, a Colorado-based developer of optical communication systems for space-based quantum networks. The acquisition, announced by IonQ Chairman and CEO Niccolò de Masi during a Nov. 11 CNBC interview, is supported by $3.5 billion in new funding to acc...
ASRC Federal has secured a potential $1.18 billion contract from the Defense Logistics Agency for the procurement of third generation chemicals, petroleum, oils and lubricants, or ChemPOL. What Is the Scope of the ASRC Federal’s ChemPol Contract? The Department of Defense said Wednesday, under the firm-fixed-price long-term contract...
SAIC will consolidate its five current business groups into three as part of an organizational restructuring intended to simplify operations, strengthen customer focus and drive growth and shareholder value. The company said Thursday the new structure will take effect Jan. 31. SAIC is one of the sponsors of the Potomac Officers Club’s 2026 Def...
CHAOS Industries has raised $510 million in new funding to expand development and manufacturing of its sensing and timing technologies for defense applications. The round was led by Valor Equity Partners, with participation from existing investors 8VC and Accel, valuing the company at $4.5 billion, CHAOS said Thursday. The latest raise brings CHAOS&...
Lockheed Martin has received a $453.9 million contract modification from the U.S. Air Force for the Mk21A Reentry Vehicle program. The Department of Defense said Thursday the modification increases the total cumulative value of the contract from $1.03 billion to approximately $1.48 billion. Work on the program is slated to be carried out in King...
Babel Street has appointed Rob Lalumondier as chief revenue officer, adding a senior leader with experience in cybersecurity and threat intelligence as the company expands across the public sector, national security and commercial markets. In his new role, Lalumondier will oversee global revenue strategy, sales, channel operations and customer growt...
Shareholders at identity security company CyberArk have approved Palo Alto Networks’ proposed acquisition offer. Cyberthreats are escalating, and government data has become the new frontline of international conflict. Don’t miss your chance to join the conversation at the Potomac Officers Club’s 2026 Cyber Summit on May 21. Connect...
