Digital services provider DMI has divested a business segment to digital engineering services firm Encora to strengthen its focus on delivering innovative technology platforms to federal, state and local government agencies and providing managed services for public sector and commercial customers. Advancing Digital Transformation Following the sale,...
Cisco has completed its purchase of SnapAttack, a cybersecurity-focused spinoff of Booz Allen Hamilton. “We spun out SnapAttack because we believe in the power of dual-use technology to speed outcomes,” said Booz Allen Chief Financial Officer Matt Calderone said in a statement published Wednesday. “When great products scale in the commercial m...
Amentum reported $3.4 billion in first-quarter revenues for fiscal year 2025, reflecting a 2.3 percent increase on a pro forma basis driven by growth in the company’s digital and global engineering solutions segments. Q1 Fiscal 2025 Results In an earnings release published Tuesday, Amentum said its generally accepted accounting principles, or ...
Leidos has secured a $148.8 million firm-fixed-price contract from the U.S. Air Force to serve as the managed service provider for Project Night Owl. Support Services for Project Night Owl The Department of Defense said Monday the contract covers managed services support for Project Night Owl, handled by the Air Force Lifecycle Management Center. As...
Horacio Rozanski, president and CEO of Booz Allen Hamilton and a three-time Wash100 awardee, stressed the need for speed and that the U.S. “cannot afford to be second” to China in the field of artificial intelligence. Rozanski’s Insights on DeepSeek When asked about DeepSeek, Rozanski said on Monday during CNBC’s “Closing Bell Over...
Government services contractor Peerless Technologies has acquired defense firm Statheros for an undisclosed sum to expand its client base and capabilities in support of electromagnetic spectrum operations. In a statement published Monday, Peerless President Andrea Kunk said the company has leveraged over two decades of experience in systems engineer...
While Guidehouse has been acquired twice since emerging from the public sector segment of PwC in 2018, CEO Scott McIntyre tells us that there were three key things in common between Veritas Capital and Bain Capital, the two purchasers. The Wash100 Award winner spoke to Executive Mosaic late last year in a video interview with Senior Conten...
Lockheed Martin has received a $383 million award from the U.S. Navy to work on the next generation of the Trident II Strategic Weapons System D5 missile. Navy Contract Details The cost-plus-incentive-fee and cost-plus-fixed-fee contract modification entails the design of the integrated, modernized missile, called the Trident II D5 Life Extension 2,...
Defense and aerospace contractor Linquest has secured a potential $970 million contract from the Space Systems Command for the procurement of digital engineering and development support services. SSC Contract Scope The Department of Defense said Friday the company was awarded a Small Business Innovation Research Phase III indefinite-delivery/in...
BAE Systems has landed a $1.2 billion contract modification from the U.S. Air Force for continued provision of engineering services. BAE Systems as ICBM Weapons Integrator The Department of Defense said Thursday the modification to the initial $1.94 billion contract, raises the total potential value to $3.13 billion. The award is intended to extend ...
