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ITT to Acquire kSARIA From Behrman Capital for $475MM&A Activity
  • August 5, 2024

    ITT to Acquire kSARIA From Behrman Capital for $475M

    Behrman Capital has agreed to sell its portfolio company kSARIA to ITT (NYSE: ITT) for approximately $475 million. The New
    Parsons Sees 23% Increase in Q2 2024 Revenue; Carey Smith, Matt Ofilos QuotedFinancial Reports
    • August 1, 2024

      Parsons Sees 23% Increase in Q2 2024 Revenue; Carey Smith, Matt Ofilos Quoted

      Parsons (NYSE: PSN) posted a record revenue of $1.7 billion during the second quarter of 2024, reflecting a year-over-year growth
      Clear Ridge Secures $113M Contract for Marine Corps Cyberspace Operations SupportContract Awards
      • August 1, 2024

        Clear Ridge Secures $113M Contract for Marine Corps Cyberspace Operations Support

        Clear Ridge Defense, or CRD, has won a potential $113 million contract to support the cyberspace operations of various U.S.
        TransDigm Wraps Up Acquisition of Raptor ScientificM&A Activity
        • August 1, 2024

          TransDigm Wraps Up Acquisition of Raptor Scientific

          TransDigm Group (NYSE: TDG) has finalized its acquisition of Raptor Scientific for approximately $655 million in cash. The Cleveland, Ohio-based
          Ron Keesing Promoted to Leidos Chief AI OfficerExecutive Moves
          • July 31, 2024

            Ron Keesing Promoted to Leidos Chief AI Officer

            Leidos (NYDE: LDOS) has elevated Ron Keesing to the role of chief artificial intelligence officer, responsible for driving strategic company
            Parsons Strikes $200M Deal for BlackSignal Technologies; Carey Smith QuotedM&A Activity
            • July 31, 2024

              Parsons Strikes $200M Deal for BlackSignal Technologies; Carey Smith Quoted

              Parsons (NYSE: PSN) has agreed to buy BlackSignal Technologies for approximately $200 million to broaden its cybersecurity, artificial intelligence and
              CJADC2 1.0 Expected This Fall, DOD Leaders SayArtificial Intelligence
              • July 31, 2024

                CJADC2 1.0 Expected This Fall, DOD Leaders Say

                The first delivery of the Department of Defense’s CJADC2 initiative could be realized this fall during the twelfth round of
                Kash Shaikh Named President & CEO of SecuronixExecutive Moves
                • July 31, 2024

                  Kash Shaikh Named President & CEO of Securonix

                  Kash Shaikh, former president, CEO and board of directors member at Virtana, has assumed similar roles at Securonix.  As company president and
                  CyberArk’s James Imanian: Privileged Access Management a Foundational Element of Zero TrustCybersecurity
                  • July 30, 2024

                    CyberArk’s James Imanian: Privileged Access Management a Foundational Element of Zero Trust

                    James Imanian, senior director of the U.S. Federal Technology Office at CyberArk (Nasdaq: CYBR), said government agencies looking to implement
                    CACI Books $414M Army Task Order for C5ISR Global Operational Support; John Mengucci  QuotedC4ISR
                    • July 30, 2024

                      CACI Books $414M Army Task Order for C5ISR Global Operational Support; John Mengucci Quoted

                      CACI International (NYSE: CACI) will provide the U.S. Army with global operational support for unmanned systems under a potential $414
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