IBM (NYSE: IBM) has agreed to buy government technology services provider Octo from Arlington Capital Partners in a move to complement Big Blue’s IT and digital transformation offerings for the federal sector. Baird served as financial adviser to Arlington and Octo on the transaction. Financial terms of the deal were not disclosed and all the...
The Department of Defense has awarded Amazon’s (Nasdaq: AMZN) cloud computing business, Google, Microsoft (Nasdaq: MSFT) and Oracle (NYSE: ORCL) positions on the Joint Warfighting Cloud Capability contract worth potentially $9 billion over five and a half years. DOD said Wednesday JWCC is a multiple-award, indefinite-delivery/indefinite-quantity c...
Thomas Kennedy, former executive chairman of Raytheon Technologies (NYSE: RTX), has been appointed to the board of directors at Textron (NYSE: TXT). Textron said Wednesday the 38-year industry veteran and former Air Force captain will start his role as a board member of the Providence, Rhode Island-based conglomerate on Jan. 1. He previously led Ray...
Palantir Technologies (NYSE: PLTR) will provide software and digital platforms to the Centers for Disease Control and Prevention under a five-year, $443 million contract. Contract work will include the integration of technology into an enterprise system to help federal and private sector stakeholders gain a common operating picture of national publi...
BWX Technologies (NYSE: BWXT) has commenced the production of a new nuclear fuel product that will power the Department of Defense’s deployable microreactor and support NASA’s space exploration initiatives. The company said Wednesday it will manufacture a core for the Project Pele microreactor, produce TRISO fuel for additional reactors ...
The State Department has approved a pair of proposed agreements worth a combined $428 million to sell non-standard and standard military aircraft spare parts to the government of Taiwan. Taiwan’s economic and cultural representative office asked to procure accessories, spare parts and consumables for F-16, C-130 and other U.S.-manufactured air...
The U.S. Army is seeking information on commercial entities with the capability to deliver audit infrastructure and support to the Army Financial Improvement program. Army Contracting Command launched market research to identify companies that could offer personnel equipment, supplies, facilities, transportation, tools, materials, supervision, ...
IBM has agreed to acquire information technology modernization and digital transformation services provider, Octo, from Arlington Capital Partners in a deal advised by Baird. The acquisition, which marks IBM’s eighth this year, is anticipated to augment the organization’s digital transformation capabilities in defense, health and civil...
The Defense Innovation Unit has awarded Kodiak Robotics and Applied Intuition an approximately $50 million contract to build and test software prototypes intended to help the U.S. Army automate future ground combat vehicles. DIU said Tuesday the two companies were chosen for the Ground Vehicle Autonomous Pathways competition after a panel of Departm...
Serco Group’s North American subsidiary has appointed former Northrop Grumman (NYSE: NOC) executive Gator Harvey as vice president of transportation and homeland security services. He will be responsible for Serco Inc.’s operations and business development strategies in emergency management, fleet, aviation and intelligent transport serv...
