CACI International has finalized its acquisition of ARKA Group in an all-cash deal valued at approximately $2.6 billion as part of a push to strengthen its market position and expand its space-based sensing and geospatial intelligence capabilities in support of national security customers. As companies like CACI expand their space-based sensing capa...
The battle between the Department of War and artificial intelligence developer Anthropic is the hottest story in GovCon. The two parties are embroiled in a legal dispute over to which extent the department should be able to use a contractor’s technology in activities deemed legal and whether a contractor should be able to dictate how the...
Markon, a mission integrator for the federal government, has acquired Millennium Corp. to expand its delivery of mission-critical cyber services across defense, intelligence and federal civilian markets. Markon said Friday that, through the transaction, it is positioning itself as a full-spectrum cyber provider, capable of delivering end-to-end cybe...
Infleqtion has become a publicly traded neutral-atom quantum technology company after it finalized its combination with Churchill Capital Corp X, a special purpose acquisition company. The company said Tuesday it started trading on the New York Stock Exchange under the ticker symbol “INFQ.” Infleqtion CEO Matthew Kinsella said the compan...
Peraton has appointed Bob Genter, a federal technology industry leader, as president and chief operating officer, effective Feb. 17. The latest appointment at Peraton comes as GovCon leaders continue to prioritize operational execution, growth strategy and mission delivery across the federal market. Those themes will take center stage at the Potomac...
Parsons reported $6.4 billion in revenue for fiscal year 2025, while achieving record adjusted EBITDA and net income for the full year. How Did Parsons Perform Financially in Fiscal Year 2025? In an earnings release published Wednesday, the Chantilly, Virginia-based disruptive technology provider said total revenue of $6.4 billion showed a 6 pe...
Brett Mencin has taken on new responsibilities as president of enterprise vetting and analysis at Xcelerate Solutions. The executive confirmed his appointment in a recent LinkedIn post. He will also continue to serve as chief security officer of the defense and national security company, a role he has held since 2024. As president, he will...
Potomac Officers Club has the privilege of announcing that Cameron Stanley, chief digital and artificial intelligence officer at the Department of War, will be a keynote speaker at its 2026 Artificial Intelligence Summit on March 18. At the event, which is regularly one of POC’s most popular and most-buzzed-about GovCon conferences, represent...
Accenture Federal Services has appointed Garrett Berntsen, a federal and industry technical leader, as chief artificial intelligence officer. The latest appointment highlights the ongoing movement of senior AI leadership across the federal and industry landscape. That broader evolution provides useful context for gatherings such as the Potomac Offic...
Tetra Tech has acquired Halvik, a federal IT services and advisory consulting firm, for an undisclosed sum as part of a push to expand its data analytics, artificial intelligence and enterprise technology services for U.S. defense and civilian agencies. Pasadena, California-based Tetra Tech said Thursday Halvik will become part of the company’...
