The Department of the Air Force has launched the Resilient Analytic Platforms for Intelligence Delivery, or RAPID, advanced research announcement, also known as ARA, valued at a total of $237 million for the development of secure information sharing technologies for the armed forces and the intelligence community. The ARA is open for white paper sub...
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...
McLean, Virginia-based Xcelerate Solutions has promoted Chief Risk Officer Danny Olmes to president of aviation security. The company said Tuesday Olmes will lead strategic growth initiatives, operations and delivery efforts in support of the Transportation Security Administration’s programs and partnerships with federal agencies, industry par...
The General Services Administration has issued the initial list of 55 apparently successful offerors on the women-owned small business, or WOSB, pool of the Polaris governmentwide acquisition contract, or GWAC, for IT products and services. As agencies continue to refine major contract vehicles like Polaris, the broader conversation around federal I...
Parsons has received a potential five-year, $125 million task order from the U.S. Army to provide research, development and technical services for the service’s Combat Capabilities Development Command Army Research Laboratory, or DEVCOM ARL. The recent award reflects continued collaboration between the Army and industry to advance research and...
PsiQuantum has appointed Victor Peng, former president of Advanced Micro Devices, as interim CEO to lead the company’s shift toward large-scale deployment of its utility-scale quantum systems while a search for a permanent CEO is underway. Peng will succeed co-founder Jeremy O’Brien, who will transition to executive chairman to lead the ...
By Light Professional IT Services, a Sagewind Capital portfolio company, has acquired Dignitas Technologies for an undisclosed amount. STS Advisors and Shuffield Lowman advised Dignitas on the transaction, while Goodwin Procter and Morrison Foerster served as legal counsel to By Light, the company said Tuesday. Why Did By Light Acquire Dignitas? The...
American Systems has secured a follow-on contract valued at $172.7 million to continue supporting the Naval Surface Warfare Center Indian Head Division’s Demonstration and Assessment Team. The award includes a one-year base period and four one-year options, the company said Tuesday. This latest contract award demonstrates the Navy’s comm...
Leidos has been awarded a $142 million contract to support the modernization of IT operations of the Compartmented Enterprise Services Office, or CESO, within the Defense Information Systems Agency. Potomac Officers Club’s 2026 Digital Transformation Summit on April 22 brings together senior officials driving government IT modernization, ...
TechnoMile will resell pWin.ai’s artificial intelligence-powered proposal platform to government contractors, including those in the aerospace and defense sectors, under a partnership announced Tuesday. In a press release sent to GovCon Wire, TechnoMile said the platform will be integrated into its Growth Suite to provide a unified, end-to-end...
