Godspeed Capital Management has raised $250 million in capital commitments from new and existing investors for its second investment program to further advance its strategy to partner with founders and other business leaders to co-invest in companies operating in the defense and government services markets. The Washington, D.C.-based private equity ...
Deltek has agreed to acquire time tracking platforms provider Replicon for an undisclosed sum to grow information and enterprise software offerings for project-based organizations. Calgary, Canada-based Replicon offers software platforms for project time tracking, professional services automation, time and attendance, compliance and project billing ...
President Joe Biden has nominated Gen. Charles Brown Jr., chief of staff of the U.S. Air Force since August 2020, to become the next chairman of the Joint Chiefs of Staff. Brown would succeed Army Gen. Mark Milley, whose term is slated to end in October, if the nomination receives Senate approval. In his current...
Five small businesses have secured positions on a $947 million contract to provide life cycle acquisition management, strategic financial and business management support services to the National Geospatial-Intelligence Agency. Credence Dynamo Solutions, Compass, Exacta Solutions, Innovate Now and Logic Gate will compete for eight individual task ord...
Rhonda Casper, a 24-year human resources professional within the aerospace and defense industry, has been appointed senior vice president of HR at Herndon, Virginia-based information technology and cybersecurity company NetCentrics. Her new responsibilities cover talent acquisition and management, and organizational growth and planning, NetCentrics ...
AM General has won a potential $4.65 billion contract from the U.S. Army to provide kits, trailers and services to support the production of Joint Light Tactical Vehicles. Army Contracting Command received two offers for the firm-fixed-price contract and expects work to run through Feb. 9, 2028, the Department of Defense said Wednesday. In February,...
By Kim Koster, VP of Industry Marketing at Unanet When an executive from a government contracting firm reaches out to me, seeking ideas about how they can distinguish themselves from the crowd to win more project business, oftentimes I’ll point them to the practice of earned value management and the systems that support it. EVM...
The State Department has cleared Ukraine’s $285 million foreign military sale request for a medium-range air defense system from Raytheon Technologies (NYSE: RTX). Raytheon’s missiles and defense subsidiary will be the principal contractor on the proposed National Advanced Surface-To-Air Missile System sale, the Defense Security Cooperat...
Agile Defense, a portfolio company of Enlightenment Capital, has purchased XOR Security for an undisclosed sum as part of efforts to broaden its cybersecurity offerings for defense and national security customers. XOR Security has been providing cybersecurity engineering and operations and virtual security operation center services designed to ensur...
The U.S. Army has exercised the first option period of its other transaction agreements with four companies to review proposed designs for increment two of the Future Tactical Unmanned Aircraft System. Griffon Aerospace, Northrop Grumman (NYSE: NOC), Sierra Nevada Corp. and Texton Systems (NYSE: TXT) will go through preliminary and critical design r...
