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Mike Salvino, president and CEO of DXC Technology (NYSE: DXC), will assume the chairmanship of the information technology company’s board of directors from Ian Read, who will retire from his post on July 26. In a statement published Tuesday, Reed said the appointment of Salvino to chair the board underscores the latter’s company leadersh...
The Defense Health Agency has awarded 56 positions on a potential 10-year, $10 billion contract vehicle for services supporting military medical research and development programs. DHA received a total of 126 proposals from 61 offerors for the OMNIBUS IV multiple-award, indefinite-delivery/indefinite-quantity contract via SAM.gov, the Department of D...
Global investment firm Carlyle (Nasdaq: CG) has agreed to acquire ManTech International (Nasdaq: MANT) in an all-cash transaction worth approximately $4.2 billion. ManTech’s board of directors unanimously approved the transaction that is expected to conclude in the second half of calendar year 2022, subject to ManTech shareholders’ approval, reg...
Srini Iyer, senior vice president and chief technology officer at ManTech International (Nasdaq: MANT), said the Herndon, Virginia-based technology services contractor is supporting government agencies’ digital transformation efforts by delivering cloud computing platforms through its partnership with Google Cloud. Iyer wrote about how ManTech hel...
Lockheed Martin (NYSE: LMT) and Raytheon Technologies‘ (NYSE: RTX) Javelin Joint Venture received a pair of contracts worth potentially $309 million combined from the U.S. Army to produce anti-tank weapon systems. The partnership could manufacture more than 1,300 Javelin missiles with appropriations under the Ukraine Supplemental Appropriation...
Jim Gavrilis, a defense industry veteran, has been appointed president and CEO of newly created High Point Aerotechnologies. High Point is a holding company of private investment firm Highlander Partners that will focus on acquiring and developing emerging technologies, operating companies and experts in the counter-unmanned aircraft systems industr...
A Mitre-operated research and development organization and Microsoft (Nasdaq: MSFT) have launched a collaborative project with other industry partners in an effort to provide cybersecurity professionals with an open methodology for prioritizing Mitre ATT&CK techniques based on organizational needs. The initiative identified prevalence, choke poi...
Maggie Hallbach, senior vice president of Verizon Public Sector, was featured in a recent Executive Spotlight interview published Thursday. She talked about her 25 years of service at the company and her recent promotion to her current position. Hallback also discussed the importance of 5G in the public sector, the company’s Enterprise Infrast...
Carlyle Group (Nasdaq: CG) is preparing to buy ManTech International (Nasdaq: MANT) and an acquisition of the Herndon, Virginia-based government services contractor by the global investment firm could be worth $4 billion, Bloomberg reported Sunday. Friday’s closing price for ManTech stock was $81.97, which gave the company a market value of $3...
Eight awardees will continue to provide professional management and technical services to support the U.S. Navy’s cyberspace operations under a $231.2 million contract option. Naval Information Warfare Center Pacific exercised the first option period on a multiple-award, indefinite-delivery/indefinite-quantity contract with an $802 million cei...
