Qualtrics International, an experience management software vendor spinning out of SAP (NYSE: SAP), has increased the suggested price range for its initial public offering from between $20 and $24 to between $22 to $26 per share, with the goal of raising $1.28 billion, Bloomberg reported Tuesday. The report said Qualtrics plans to trade under the...
Jack London, executive chairman and chairman of the board at CACI International (NYSE: CACI) and a 49-year company veteran, has died at the age of 83. “All of us at CACI are deeply saddened by Dr. London’s passing. … He was a true pioneer in the federal contracting industry, drawing from his military service to...
The U.S. and the United Arab Emirates have signed an agreement for the UAE to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets and up to 18 drones, Reuters reported Thursday. The F-35s are part of a potential $23 billion deal that includes the procurement of high-tech weapons systems from Lockheed, General Atomics and...
A By Light Professional IT Services subsidiary has secured a potential one-year, $38.2M bridge contract from the Defense Information Systems Agency to continue the provision of engineering and technical services in support of the Defense Information Systems Network. Phacil will provide expertise and information technology services as part of the DIS...
Terry Ryan, lead director at Constellis and a U.S. Marine Corps veteran, took the helm of the Herndon, Virginia-based company as its CEO and executive chairman. He succeeds Tim Reardon, who stepped down from the chief executive position to “pursue other interests,” and brings more than two decades of government services industry experience t...
Redwire, a space technology company backed by AE Industrial Partners, has bought spacecraft and satellite systems engineering firm Oakman Aerospace for an undisclosed sum. Jacksonville, Florida-based Redwire said Tuesday the acquisition represents the sixth deal for the company AEI formed in June last year. Littleton, Colorado-based Oakman engi...
Dedrone has named Ben Wenger, a two-decade enterprise software sales veteran, as chief revenue officer and appointed Mary-Lou Smulders, strategic adviser at the counter-drone technology provider since February 2020, as chief marketing officer. The San Francisco-based company said Tuesday Wenger will oversee worldwide sales of Dedrone’s platfor...
D.J. Dart, formerly business development executive for the Department of Homeland Security at Science Applications International Corp. (NYSE: SAIC), has elevated to the role of vice president for DHS enterprise, G2Xchange FedCiv reported Tuesday. He joined SAIC through its acquisition of the Unisys Federal business in March 2020 and has more than tw...
President Donald Trump has signed an executive order that seeks to address foreign use of infrastructure as a service cloud computing platforms for malicious cyber activities. The order directs the secretary of the Department of Commerce to develop rules within six months to require IaaS providers to verify the identity of foreigners with IaaS accou...
Cubic (NYSE: CUB) has merged five product lines into the San Diego, California-based company’s intelligent transportation systems unit as part of efforts to drive operational efficiency and an emerging concept called mobility as a service. The consolidated ITS segment is led by Jeff Price and comprised of the GRIDSMART, Road User Charging...
