Four U.S. lawmakers have urged the Department of Defense to strengthen its review process for mergers and acquisitions and be more transparent with the public about the findings of its reviews of such transactions while ensuring the need to safeguard national security and confidential business information. In a letter addressed to Defense Secretary ...
Helen Soln, former vice president of proposal operations at Leidos (NYSE: LDOS), has taken on the same role at cyber and signals intelligence engineering company Eqlipse Technologies. She will build, manage and expand Eqlipse’s proposal development center and help identify new business opportunities in the defense and intelligence sectors, the...
A business unit of Kratos Defense & Security Solutions (Nasdaq: KTOS) will supply drones for the U.S. Army’s aerial target activity under a firm-fixed-price contract worth $95 million over five years. The service is procuring subscale unmanned aerial target systems from Kratos Unmanned Aerial Systems and will determine funds upon issuance ...
Officials from the White House, Intelligence Community and the Department of Defense will hold on Tuesday a classified briefing on artificial intelligence with senators as lawmakers work to advance legislative measures for AI, Reuters reported Monday. Avril Haines, director of national intelligence; Kathleen Hicks, deputy secretary of defense; Arati...
Lockheed Martin (NYSE: LMT) will support technical refresh work on pilot and maintainer training equipment for the F-35 Joint Strike Fighter program under a U.S. Navy contract modification worth $122.7 million. The Department of Defense said Thursday the funds will cover training site standup, schedules, support capability and system maintenanc...
Francisco Partners is reportedly selling a majority stake in Forcepoint’s government-focused cybersecurity unit to fellow private equity firm TPG (Nasdaq: TPG) for approximately $2.45 billion, The Wall Street Journal reported Sunday. The price of the deal between the two technology investment companies is more than double the amount Francisco ...
A General Dynamics (NYSE: GD) business will continue manufacturing M10 Booker combat vehicles for the U.S. Army under a $257.6 million contract modification. The service branch ordered 26 additional units of the vehicle formerly called Mobile Protected Firepower for its second low-rate initial production phase, the company said Thursday. General Dyn...
Thoma-Sea Marine Constructors has been awarded a $624.6 million contract to design and manufacture two ships for the National Oceanic and Atmospheric Administration’s research mission. The award resulted from a solicitation process from June to October last year and project funding will partly come from Inflation Reduction Act appropriations, ...
Atlas Space Operations has appointed U.S. Air Force and industry veteran John Williams as CEO and launched a new subsidiary focused on supporting government missions. Williams most recently served as vice president of real-time Earth at Viasat (Nasdaq: VSAT), where he was responsible for the development of the company’s ground station-as-a-ser...
McLean, Virginia-based Xcelerate Solutions has expanded its leadership team with the appointment of Tim Conway as a member of the board, Anne-Marie Evans as chief financial officer and Michael Heller as vice president of human resources. Conway, a two-time Wash100 awardee, will bring to Xcelerate’s board his federal contracting industry experience...
