The Government Accountability Office has urged the Department of Defense to come up with a systematic approach to monitor other transaction agreement award dollars each consortium receives. GAO found that the lack of such an approach keeps DOD from collecting data on OTA obligations each consortium has secured, according to a report published Tuesda...
Mark Serway, interim president and CEO of Hitachi Vantara Federal over the past six months, has been appointed to the dual role on a full-time basis. The data services provider’s board of directors assigned Serway to temporarily take the helm on top of his chief financial officer duties in March after David Turner resigned. Serway...
Wagish Bhartiya, vice president of software-as-a-service operations at REI Systems, has been elevated to the position of chief growth officer. As head of business development and marketing functions, Bhartiya will lead efforts to expand REI’s customer portfolio, industry presence and organic and new growth initiatives, the company said Tuesday...
Leidos (NYSE: LDOS) will provide technical and program support to the Federal Highway Administration’s policy and governmental affairs office under a potential five-year, $60 million blanket purchase agreement with the Department of Transportation. The company said Tuesday the multiple-award BPA has a base performance period of five years and ...
Eric Trexler, formerly a vice president at Forcepoint, has assumed the role of senior VP for the U.S. public sector unit at Palo Alto Networks (Nasdaq: PANW), G2Xchange FedCiv reported Monday. Trexler led domestic and international sales functions within Forcepoint’s global governments and critical infrastructure business for more than four ye...
Integral Federal has expanded its leadership team with the appointment of GovCon industry veterans Manuel Mendez and Jason Siminski as chief financial officer and chief growth officer, respectively, as the company aims to reach $200 million in annual revenue by 2025. Mendez will lead finance and accounting, contract, program control and information ...
Razor’s Edge, a venture capital firm that invests in national security-focused technology companies, has reached nearly $340 million in investor support upon the closure of its third fundraising effort. The Reston, Virginia-based firm said Tuesday the investment fund, which is 36 percent more than the $250 million fundraising target it initially s...
The Defense Logistics Agency has awarded three small businesses a $500 million contract modification to repair and maintain military and government facilities within the U.S. Central Command’s area of responsibility. DLA exercised the first of two option periods specified in a potential five-year, indefinite-delivery/indefinite-quantity contra...
Client Solution Architects has received certification under a Virginia Department of Veterans Services program that works to help companies hire and train service members transitioning into civilian careers. As a certified Virginia Values Veterans employer, CSA has the opportunity to connect with former military personnel and their spouses through r...
Space technology developer Intuitive Machines has agreed to go public as part of a planned merger with New York-based blank check company Inflection Point Acquisition Corp. (Nasdaq: IPAX). The combined entity will list securities on the Nasdaq upon completion of the deal and estimates it will exceed $1 billion in pro forma equity value, Intuitive...
