Vista Equity Partners and Elliott Management through its private equity arm Evergreen Coast Capital are close to finalizing a potential $13 billion deal to acquire Citrix Systems (Nasdaq: CTXS) and take the cloud computing company private, The Wall Street Journal reported Sunday. WSJ cited sources that say an agreement to buy Citrix for $104 per...
On Thursday, the country’s first National Cyber Director Chris Inglis spoke on the essential components of viable digital ecosystems, the implications of recent cybersecurity legislation and executive orders from the White House and the effort to accelerate software security in his keynote address to the Potomac Officers Club’s virtual ...
Northrop Grumman (NYSE: NOC) has received a sole-source contract worth $150 million to maintain and update an integrated electronic countermeasures system on the U.S. Air Force’s B-1B bomber planes. The company’s defense systems sector will provide engineering support and perform block cycle updates to the AN/ALQ-161A Operational Flight ...
Daniel Perkins, formerly the chairman and CEO of MTS Technologies, has been named into Concurrent Technologies Corporation‘s board of directors. CTC said Thursday Perkins founded and led MTS, which provided technical and logistics support to customers at the Department of Defense and other federal agencies. He has been involved in consulting e...
Technical and professional services provider RSC2 has acquired a TriMech Services division that offers systems engineering, modeling and simulation services to the Department of Defense. The transaction gives RSC2 access to the Army’s Responsive Strategic Sourcing for Services and Joint Enterprise Research, Development, Acquisition and Procure...
Excella has secured a position on a Department of Homeland Security contract vehicle to support the automation and modernization of information technology operations at the DHS’ Immigration and Customs Enforcement agency. The company said Thursday it will offer services to help ICE build software through the Agile methodology, develop full-sta...
D-Orbit has agreed to merge with blank check company Breeze Holdings Acquisition (Nasdaq: BREZ) in a transaction that would result in the Italy-based space logistics provider becoming a publicly traded company. The boards of directors of both companies unanimously approved the deal that is expected to wrap up in the second or third quarter of...
Comtech Telecommunications (Nasdaq: CMTL) has formed two business units in North America to explore market opportunities in the region for satellite ground stations and expand work with U.S. and allied governments. Daniel Gizinski, who has held senior management roles at Comtech since 2019, will serve as president of the U.S.-based subsidiary that w...
Torch.AI has acquired data extraction software company B23 for an undisclosed sum and announced the appointment of Brad Kolarov, founder and managing partner at B23, as a vice president. “The acquisition of B23 expands our current work supporting the U.S. Navy in extraordinary ways,” Brian Weaver, chairman and CEO of Torch.AI, said in a statemen...
A joint venture between construction firms Gilbane and Exyte has won a three-year, $278.6 million contract to build an advanced compound semiconductor laboratory at Hanscom Air Force Base in Bedford, Massachusetts. The JV will also construct a facility for microsystem integration activities as part of the firm-fixed-price contract, the Department of...
