Veritas Capital has closed its purchase of Perspecta and will integrate the latter with its portfolio company Peraton to create a combined entity focused on delivering enterprise information technology and mission capability integration support to federal, state and local government agencies. Stu Shea, chairman, president and CEO at Peraton and a 20...
PAE (Nasdaq: PAE) reported $748.6 million in revenue for the first quarter of its 2021 fiscal year, up 21.3 percent from the prior year period. The company attributed the $131.3 million increase to acquisition-related revenue of $88.8 million and contract awards worth $42.5 million. Charlie Peiffer, interim president and CEO of PAE, said the company...
CACI International (NYSE: CACI) has won a potential nine-year, $496 million contract to continue helping the U.S. Air Force maintain depot technology infrastructure used to assess the performance of military weapons systems and components. The company will develop and maintain tools for the Ogden Air Logistics Complex in Utah as part of the Automate...
Raytheon Technologies (NYSE: RTX) will help the U.S. Marine Corps execute secondary repairable program at its supply chain management centers in several U.S. states and Japan under a potential $495 million contract from the Navy. The company will be responsible for coordinating repair process by providing logistics consulting services at USMC facili...
A BAE Systems business unit has received a potential $325.5 million contract from the Defense Logistics Agency to provide GPS receiver parts and inventory services. BAE’s systems information and electronic systems integration group will support the U.S. Air Force, U.S. Army and the U.S. Navy under the firm-fixed-price contract, the Department of D...
The Library of Congress has awarded four spots on a potential five-year, $150 million multiple-award contract to provide a full range of information technology life cycle technical support services. The awardees on the IT services indefinite-delivery/indefinite-quantity contract are MIL Corp., CGI’s (NYSE: GIB) federal arm, Artemis Consulting and ...
Rohini Kasturi, formerly chief product officer at Pulse Secure, has joined SolarWinds as part of C-level executive movements the software company announced in support of its customer experience commitment. He will serve as CPO and executive vice president, and drive SolarWinds’ product strategy development and support product management activi...
TYSONS CORNER, VA, May 7, 2021 — Kratos Defense & Security Solutions (Nasdaq: KTOS) will continue ground technology support for national security space missions after the company received $30 million in follow-on contracts from unnamed customers, ExecutiveBiz reported April 22. “Space is undergoing a renaissance,” said Phil Carrai, pre...
TYSONS CORNER, VA, May 7, 2021 — Mercury Systems (Nasdaq: MRCY) rolled out an open spectrum processing architecture intended to help developers build electronic warfare, software-based radio and signals intelligence platforms, ExecutiveBiz reported April 22. The company cited the U.S. Navy’s Jammer Technique Optimization at Point Mugu Naval ...
Anto Tossounian of ServiceNow (NYSE: NOW) and Brian Fogg of General Dynamics’ (NYSE: GD) information technology business said their companies have partnered to help government agencies deliver digital services as part of efforts to modernize the customer experience. “Through our partnership, we can offer advanced cloud-based managed services for...
