Intel (Nasdaq: INTC) has announced plans to separate its Programmable Solutions Group as a standalone unit to enable PSG to better compete and pursue growth in the field programmable gate array market and appointed Sandra Rivera, an executive vice president at the company, to oversee PSG as CEO. Santa Clara, California-based Intel said Tuesday it...
Rimas Guzulaitis, former special projects vice president at RTX (NYSE: RTX) subsidiary Raytheon, has joined V2X (NYSE: VVX) as VP of enterprise integration and transformation, he announced in a LinkedIn post on Tuesday. He built his career at Raytheon, having joined the company in 1998 as a software engineer. Before Raytheon became RTX, Guzulaitis t...
Altaeros has secured a five-year, $99 million indefinite-delivery/indefinite-quantity contract to deliver autonomous aerostat systems and support services to Customs and Border Protection. The contract covers the provision of the ST-Flex Guardian Class autonomous aerostat designed to carry more than 60 kgs of payload with a maximum flight altitude o...
Joey Lauffer, formerly a director at technology company Google, has been appointed chief growth officer at BTI360, a provider of software capabilities to federal customers. The Herndon, Virginia-based software company said Tuesday Lauffer will be in charge of the teams handling talent acquisition and business development. At Google, Lauffer had help...
Huntington Beach, California-based Leonid Capital Partners is closing its inaugural private credit fund with approximately $240 million in capital that will be used to support investments in companies in the national security market. The oversubscribed Leonid Opportunities Fund I generated capital commitments from current and new institutional inves...
TPG (Nasdaq: TPG), a global alternative asset management firm, has finalized its acquisition of Forcepoint’s government-focused cybersecurity unit from investment firm Francisco Partners and appointed technology industry leader Sean Berg as CEO of the newly acquired business. Berg, most recently president of global governments and critical infrast...
William Lietzau has stepped down from his role as director of the Defense Counterintelligence and Security Agency, marking his retirement from federal service. The former DCSA director and 2023 Wash100 Award winner was recognized on Thursday in a Transfer of Authority ceremony, held at the National Museum of the Marine Corps. The eve...
The U.S. Agency for International Development has selected six companies for the second phase of a potential $250 million contract to provide missions and operating units with risk assessment, capacity strengthening for local actors and third party monitoring support services. USAID received 11 offers for Phase 2 of the Compliance and Capacity Suppo...
A Day & Zimmermann subsidiary will produce and deliver modular artillery charge system equipment for 155-millimeter ammunition to the U.S. Army under a $966.7 million contract. Day & Zimmermann Lone Star will manufacture, assemble, inspect, package and deliver 155 mm MACS M231/M232-series combustible cartridge cases as part of the five-year ...
Lockheed Martin’s (NYSE: LMT) rotary and mission systems business has secured a potential seven-year, $1.05 billion contract to help the U.S. Navy integrate a combat management system across the Surface Force. The defense contractor will provide systems engineering and software integration services for the Integrated Combat System supporting the N...
