Veritas Capital has raised $10.65 billion in capital commitments for its eighth fund to further support its strategy to invest in technology companies that provide critical services and products to government and commercial customers. The New York-based government investment firm said Wednesday Fund VIII closed within a year and was oversubscribed, ...
Michael Williamson, vice president and general manager of missiles and fire control at Lockheed Martin (NYSE: LMT), will assume the role of senior VP for the company’s global business development and strategy on Nov. 1. He will succeed Tim Cahill, who will transition to the role of executive VP of the company’s MFC business segment,...
Ventech Solutions has named Fred Altimont and Tony Meyer, respectively former executives at Optum Health and Science Applications International Corp. (NYSE: SAIC), senior vice presidents of growth and business development. They will report to Ventech CEO Tonia Bleecher and aim to grow the health care technology provider’s public sector busines...
The Missile Defense Agency has informed industry that it will conduct a small business set-aside competition and issue a single-award indefinite-delivery/indefinite-quantity contract to procure data support services. MDA expects to release a preliminary request for proposals for the Agency Information Management and Software Services program in the ...
An AAR‘ (NYSE: AIR) government services subsidiary and Boeing (NYSE: BA) have received contract modifications worth a combined $199 million to respectively maintain P-8A planes and engines for the U.S. Navy, Australia and other unnamed international clients. AAR (NYSE: AIR) Government Services and Boeing (NYSE: BA) will deliver ...
Meghan Gifford has been promoted from senior director to vice president of corporate development and strategy at Reston, Virginia-headquartered government technology provider Octo. She will collaborate with Octo’s executive leadership team and board of directors on overseeing the company’s strategic planning and merger-and-acquisition in...
L3Harris Technologies (NYSE: LHX) has secured a pair of orders worth $235 million combined to manufacture two-channel tactical radio systems for the U.S. Army. Both awards mark the second full-rate production orders for the Falcon IV AN/PRC-163 Leader and AN/PRC-158 Manpack radios under the potential 10-year, $16 billion Handheld, Manpack and Small ...
AT&T (NYSE: T) has named telecommunications industry veterans Zee Hussain and Jim Bugel as president of the company’s public sector business and president of its FirstNet program, respectively, in a string of leadership changes that will take effect on Oct. 16. Hussain will succeed Jason Porter (2022 Wash100 inductee), who will assume a new le...
Amanda “Mandy” Long, most recently vice president of information technology automation at IBM (NYSE: IBM), has joined BigBear.ai (NYSE: BBAI) as CEO and a board member. Long succeeds Reggie Brothers, who will stay as a company adviser and transition to the role of operating partner at BigBear’s private equity owner AE Industrial Partners, the ...
Boecore, a portfolio company of private investment firm Enlightenment Capital, has purchased space systems provider Ascension Engineering Group for an undisclosed sum. AEG is a service-disabled veteran-owned small business founded in 2017 and provides satellite communications engineering platforms for NASA, the U.S. Army, U.S. Space Force, other def...
