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Veritas Capital has raised $3.55 billion to fund future investments in technology-focused middle-market companies that support government-related and commercial organizations across various sectors. The private equity investment firm said Wednesday Veritas Capital Fund VI, which exceeded the target hard cap of $3 billion in four month...

The board of directors at nonprofit science and engineering research organization MITRE Corp. has unanimously appointed two-decade firm veteran and current Senior Vice President Dr. Jason Providakes to succeed Al Grasso as president and CEO in a transition scheduled to take effect March 6. MITRE said Tuesday Grasso will continue as a member of ...

John Bird, formerly a senior director in Orbital ATK‘s (NYSE: OA) Washington, D.C. operations office, has been promoted to vice president of Washington operations for the Dulles, Va.-based aerospace and defense company. Orbital ATK said Wednesday Bird will oversee government relations, strategy and business development activities in ...

Jason Seibel, formerly a senior vice president and division group manager at CACI International, has joined CenturyLink (NYSE: CTL) as VP of operations integration for the federal solutions business. CenturyLink said Monday Seibel will oversee the company’s proposal and capture management, product design...

Kelley DeConciliis, former vice president of federal systems at Remote Medical International, has joined Comprehensive Health Services as VP of international development at the Cape Canaveral, Florida-based medical services contractor. Comprehensive Health Services said Sunday DeConciliis will report to Doug Magee, senior VP of b...

Bill Grabner, a 19-year business development veteran and former BD senior vice president at Phacil, has joined communication software and service provider Broadsoft as regional VP for federal sales, Broadsoft has confirmed to GovCon Wire. Grabner will hold responsibility over engagement functions with federal agencies and industry partners at B...

TYSONS CORNER, VA, Feb. 10, 2017 ” Intel (Nasdaq: INTC) plans to allot more than $7 billion toward the development of a semiconductor factory in Chandler, Arizona, that could generate approximately 10,000 jobs in the region, ExecutiveBiz reported Thursday. The company said Wednesday the future Fab 42 facility will utilize the 7-n...

TYSONS CORNER, VA, Feb. 10, 2017 ” Six technology companies have formed an alliance that aims to promote awareness, drive collaboration and advance technology development on internet of things security, ExecutiveBiz reported Thursday. AT&T (NYSE: T) said Wednesday it is part of the IoT Cybersecurity Alliance that also includes IBM...

Quantum Research International has appointed two former military service officers to lead company businesses that support defense programs. Quantum said James Lackey, former executive director of the U.S. Army‘s Aviation and Missile Research, Development and Engineering Center, has joined the company as senior vice president and defe...

The U.S. Army has awarded eight companies positions on a potential nine-year, $3.04 billion contract to support research and development of space or high-altitude and missile defense technologies. Contractors will vie for task orders to help the Army design, build, integrate, demonstrate and provide domain-one services for hardware and sof...