Ultra Intelligence & Communications has completed the acquisition of Expeditionary Engineering to bolster its advanced networking and communications systems processing capabilities. Integrating Expeditionary Engineering Technologies Ultra I&C said Wednesday acquiring the San Diego-based company, which specializes in software programmable op...
Lockheed Martin has agreed to acquire Amentum’s Rapid Solutions business for approximately $360 million in cash. Amentum said Wednesday the transaction is expected to conclude in the second half of 2025, subject to regulatory approvals and other customary closing conditions. Upon closing, Lockheed will integrate Rapid Solutions and about 230 e...
Matthew Lewis, a finance and accounting expert, has been promoted to vice president of finance and accounting at Intelligent Waves. The Reston, Virginia-based tech integrator said Wednesday Lewis will be responsible for the company’s financial operations, including maintaining fiscal accountability and ensuring adherence to regulatio...
Lawelawe Nexus has entered a strategic alliance with EmergeGen AI to deliver artificial intelligence-powered solutions to federal government users and meet mission requirements. Under the partnership dubbed EmergeNexus, the companies will combine expertise and capabilities to offer a unified delivery framework that will empower agencies to scale the...
Software investment firm Thoma Bravo has agreed to acquire portions of Boeing’s digital aviation solutions business in an all-cash transaction valued at approximately $10.55 billion. Boeing said Tuesday the deal will help strengthen its capital structure and is expected to be finalized by the end of 2025, subject to regulatory approval and oth...
Xcelerate Solutions has appointed Donald Ross as executive vice president of growth for Homeland Security and State Department. The defense and national security company said Tuesday Ross will leverage his three decades of experience in the transportation and security sectors to fulfill his new responsibilities of driving the expansion of Xcelarate&...
Lockheed Martin recorded a 4 percent year-over-year increase in fiscal 2025 first-quarter sales to $18 billion, a total backlog of $173 billion and Q1 net earnings of $1.7 billion, or $7.28 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said its cash from operations was $1.4 billion...
ASRC Federal has appointed Mike Manzo, a more than three-decade General Dynamics veteran, as president of its defense and intelligence operating group. Jennifer Felix, president and CEO of ASRC Federal and a previous Wash100 awardee, welcomed Manzo’s addition to the company and commended his ability to build trust and deliver on commitments. &...
The U.S. Air Force has begun soliciting questions and comments from industry stakeholders as it plans to award a potential 10-year, $2.65 billion multiple award task order contract, or MATOC, for resilient architect-engineer services, or RAES. According to a draft synopsis published Thursday on SAM.gov, the service’s 772nd Enterprise Sourcing ...
North Wind Dynamics, a Cook Inlet Region, Inc. company, has been awarded a potential $152.6 million indefinite-delivery/indefinite-quantity contract by the Department of Energy’s Office of Environmental Management to provide services supporting the Paducah infrastructure. Paducah Infrastructure Support Services Contract Details The D...
