Gainwell Technologies, a Veritas Capital portfolio company offering health and human services, has completed the acquisition of Irving, Texas-based health care technology provider HMS Holdings for approximately $3.4 billion in cash, or $37 per share. Veritas looks to optimize HMS’ product suite across Gainwell and private equity-backed health ...
The Potomac Officers Club will facilitate a discussion on digital transformation and innovation during its 2nd Annual CIO Forum, with speakers from Lockheed Martin, the Cybersecurity and Infrastructure Security Agency, the Department of Commerce and Tricentis. Jose Padin, director of sales engineering at Zscaler‘s public sector business, will ...
Elbit Systems’ (Nasdaq: ESLT) U.S. subsidiary closed its purchase of Sparton from an affiliate of Cerberus Capital Management after it received U.S. government clearance and other regulatory approvals needed to complete the transaction. “The growing importance of the maritime arena and the market position and technological strength of Sparto...
Dan Corbett, chief financial officer and chief development officer of Valiant Integrated Services, has been promoted to succeed the retiring Jim Jaska as CEO at the Herndon, Virginia-based government services contractor starting April 15. Valiant said Monday that Chief Operating Officer Mike Pilon will take over Jaska’s responsibilities ...
Teresa Carlson, a more than 25-year cloud and data management industry executive, will officially assume the role of president and chief growth officer at Splunk (Nasdaq: SPLK) on April 19. Carlson, a six-time Wash100 Award recipient, will report to Splunk President and CEO Doug Merritt and will lead efforts to drive business transformation across g...
President Joe Biden has announced plans to nominate Michael Brown, director of the Defense Innovation Unit, for the role of undersecretary of defense for acquisition and sustainment. Brown has been serving as head of DIU within the Department of Defense since 2018. Under his leadership, the unit transitioned 26 tech capabilities to warfighters and b...
Venture-backed defense technology provider Anduril Industries has bought Georgia-based Area-I, which maintains a portfolio of autonomous tube-launched unmanned aerial systems or air-launched effects, for an undisclosed amount. Anduril said Thursday it seeks to add software-defined mission autonomy and intelligent teaming applications to the company&...
Tyto Athene, a government systems integrator backed by Arlington Capital Partners, has wrapped up the acquisition of AT&T’s (NYSE: T) defense-focused information technology professional services business known as Government Solutions Inc. Chris Meilhammer, most recently president and chief operating officer of Tyto, will serve as CEO of the co...
David Shive, chief information officer of the General Services Administration, has been selected to be the midday keynote speaker for the Potomac Officers Club’s Annual CIO Forum on Wednesday, April 7. Shive has led the GSA’s information technology enterprise over the past six years and concurrently serves as vice chairman of the CIO Cou...
Haifa, Israel-based defense company Elbit Systems (Nasdaq: ESLT) has acquired a BAE Systems subsidiary that produces GPS receivers and guidance systems for military use. Elbit said Thursday it bought BAE Systems Rokar International for approximately $31 million in cash from the British defense contractor’s U.S. arm. Rokar’s Satellite Nav...
