The State Department has cleared a potential $5.9 billion foreign military sale of Boeing-manufactured (NYSE: BA) multimission maritime patrol and reconnaissance aircraft and related equipment to the Canadian government. Canada asked to buy 16 P-8A aircraft and 111 items such as joint tactical radios, GPS navigation systems and guardian laser transm...
Central Ohio is eyed to accommodate an estimated $7.8 billion project by Amazon‘s (Nasdaq: AMZN) cloud computing business to broaden its data center operations in the state. The new campuses will expand Amazon Web Services‘ cloud computing capability by hosting additional servers, data storage drives, networking equipment and other relat...
John Newman, former senior account executive of federal financials at Amazon Web Services, has joined Parasoft as senior vice president of the software testing automation company’s aerospace and government solutions division. He will oversee efforts to build strategic partnerships to help customers adopt artificial intelligence-based tools for...
Michael Tarulli, a senior investment banker at Goldman Sachs Group (NYSE: GS) and a 2023 Wash100 Award recipient, has been appointed a senior managing director at global independent investment banking advisory firm Evercore, Bloomberg Law reported Tuesday. Tarulli has been serving as managing director and global head of aerospace, defense and govern...
The Federal Trade Commission and the Department of Justice’s antitrust division have proposed changes to the Hart-Scott-Rodino Act filing process to better screen merger and acquisition deals for potential competition issues. Under the proposal, companies must provide information about previous acquisitions, transaction rationale and corporate...
SandboxAQ, a spinoff of Google’s parent Alphabet (Nasdaq: GOOGL), has booked an other transaction agreement from the Defense Information Systems Agency to develop a cryptographic technology prototype intended to protect against quantum computing-based security threats. Microsoft (Nasdaq: MSFT) and Deloitte will respectively offer DevSecOps and...
Greg Blue, former chief financial officer of Cydecor, has taken on the CFO role at Client Solution Architects and he will be responsible for accounting, budgeting, project control and human resources functions. CSA said Tuesday that Blue’s corporate experience includes work on merger and acquisition transactions, integration processes and ente...
Over 10 million shares of Castellum’s (NYSE-American: CTM) common stock traded on Friday as a result of the inclusion of the Bethesda, Maryland-based electronic warfare and cybersecurity services provider into the Russell Microcap Index. “Friday’s activity represents record trading volume for Castellum and helps provide our stockholders wi...
Serco Group’s Americas division will continue to provide IT and programmatic support services to U.S. Navy bases worldwide under a five-year, $69 million task order. The follow-on award extends Serco Inc.‘s work to help the service branch maintain Anti-terrorism and Force Protection and Enterprise Land Mobile Radio systems, the company s...
William Ballhaus, a member of Mercury Systems‘ (Nasdaq: MRCY) board of directors since June 2022, has been named interim president and CEO of the Andover, Massachusetts-based defense technology supplier. His appointment was part of a corporate leadership refresh strategy and he will hold the position until a permanent president and CEO is name...
