Digital modernization services provider MindPetal has agreed to buy VerticalApps for an undisclosed sum to expand its digital offerings and help federal agency customers advance the adoption of intelligent automation, artificial intelligence and machine learning technologies. VerticalApps is an Arlington, Virginia-based small business that specializ...
Frank Backes, formerly a senior vice president at Kratos Defense and Security Solutions (Nasdaq: KTOS), has been named CEO at synthetic aperture radar satellite developer Capella Space. He will assume the position on Oct. 23 and succeed outgoing CEO Payam Banazadeh, who will remain on the company’s board of directors, Capella Space said Tuesda...
Information technology services provider 22nd Century Technologies has acquired public safety technology developer Queues Enforth Development for an undisclosed sum to expand its portfolio of government software offerings. QED specializes in computer-aided dispatch and records management software systems that support over 300 state, local and federa...
The Naval Facilities Engineering and Expeditionary Warfare Center has released a draft request for proposals for a potential five-year, $180 million follow-on, multiple-award contract for ocean engineering support services. The indefinite-delivery/indefinite-quantity contract will be set aside for small businesses and cover the provision of engineer...
Rich Scigaj, formerly partner and chief financial and administrative officer at Cyber Capital Partners, has been named chief financial officer at Easy Dynamics, a McLean, Virginia-headquartered provider of cybersecurity products and services to the government sector. The two-decade industry veteran will oversee the company’s overall financial ...
Mergers and acquisitions deals are a feature of any industry where there are large enough companies and funds to support new combinations and ownership arrangements. They’ve become a particularly notable occurrence across markets in the 21st century, as large conglomerates buy up smaller operations. Government contracting is no different. Accordin...
Greg Caicedo, a more than two-decade business executive, has rejoined Kratos Defense and Security Solutions (Nasdaq: KTOS) as vice president of space domain awareness and space superiority, he announced in a LinkedIn post. He brings to the role his expertise and experience in space systems acquisition and operations, business development, strategic ...
James Wallace, formerly executive director and general counsel at an RTX (NYSE: RTX) unit, has been named chief legal officer and general counsel at Forcepoint Global Governments and Critical Infrastructure, now part of TPG (Nasdaq: TPG), according to a LinkedIn post. He will oversee Forcepoint G2CI’s overall legal, governance and compliance f...
Recorded Future showcased the artificial intelligence features of its cloud-based threat intelligence platform during its annual Predict 2023 conference. The Intelligence Cloud platform is designed to accelerate threat detection and mitigation and uses large language models to help intelligence professionals speed up the collection, structuring and ...
Stellant Systems, a portfolio company of Arlington Capital Partners, has agreed to acquire the power systems technology product line of Comtech Telecommunications (Nasdaq: CMTL) for $40 million. The companies’ boards of directors have unanimously approved the cash transaction, which is expected to close by the end of October, subject to regula...
