Chevy Chase, Maryland-based Enlightenment Capital has raised $540 million from existing and new investors for the government market investment company’s fourth fund. The Fund IV capital was oversubscribed above its original cap of $500 million and target of $350 million, the company said Tuesday. Metric Point Capital served as the exclusive pl...
Dan Kent, former lead technologist for VMware‘s public sector business, has been named chief technology officer at technology and managed services provider Red River. Kent has more than two decades of experience leading growth and technology development initiatives for various companies that serve government customers, Red River said Tuesday. ...
Google has launched a new division to help U.S. federal, local and state government agencies and educational institutions advance their digital transformation efforts and bring its Google Cloud technology platforms to public sector organizations. Will Grannis, head of the office of the chief technology officer at Google, will lead Google Public Sect...
Venkat Kodumudi, formerly a director at CGI (NYSE: GIB), has joined Unissant to serve as its chief technology officer and help scale its technology offerings in support of health and national security customers. The executive will be responsible for building on Unissant technologies to provide strategic and technical direction as well as securing ne...
A General Dynamics (NYSE: GD) subsidiary has received $600 million in two contract modification awards from the U.S. Navy for long-lead-time material required by the service branch’s replenishment oiler and sea platform ships. The first award to General Dynamics NASSCO is worth $500 million and covers equipment for the Navy’s T-AO 211 an...
Primus Aerospace, an aerospace and defense components manufacturer backed by Angeles Equity Partners, has acquired fabricated metal parts supplier Raloid in a push to enter the tier 1 business segment of the defense industry. Financial terms of the acquisition were not disclosed and Angeles Equity said Tuesday the acquired small business will ...
Jordan Parsons, an industry veteran with over 16 years of experience supporting federal civilian agency customers, has joined ICF (Nasdaq: ICFI) to oversee programs with the National Institutes of Health and the Food and Drug Administration as vice president for public health, GovCon Wire has learned. In this capacity, she will lead efforts to deliv...
TTM Technologies (Nasdaq: TTMI) has finalized its $330 million cash acquisition of Telephonics from Griffon (NYSE: GFF) and expects the transaction to build up its position in radar systems and expand its growth opportunities and strategic capabilities in the aerospace and defense market. Santa Ana, California-based printed circuit board maker TTM f...
Mercury Systems (Nasdaq: MRCY) has added GovCon industry veterans Howard Lance and Bill Ballhaus to its board of directors as part of cooperation agreements the defense and aerospace technology provider reached with two investors Mercury said Friday the agreements with Jana Partners and Starboard Value called for the temporary expansion of its board...
Portia Crowe, chief data strategist for defense and applied intelligence at Accenture Federal Services, was featured in a recent Executive Spotlight interview published Thursday. She talked about edge processing, resilient communications and other significant capabilities being developed to support warfighters. The Q&A also focused on emerging t...
