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Parsons acquired CTI, a Bluestone Investment Partners portfolio company, to expand its electromagnetic warfare platformsM&A Activity
  • July 2, 2025

    Parsons Buys Bluestone-Backed CTI for $89M

    Parsons has acquired Chesapeake Technology International, a Bluestone Investment Partners portfolio company, for approximately $89 million as part of a
    DHS terminated the FirstSource III contract for IT services and the PACTS III contract for professional servicesAcquisition & Procurement
    • July 1, 2025

      DHS Cancels FirstSource III IT Support, PACTS III Professional Services Contracts

      The Department of Homeland Security has decided to cancel the FirstSource III and PACTS III contract vehicles for IT support
      GDLS won a new contract from the U.S. ArmyDOD
      • July 1, 2025

        General Dynamics Business Wins $150M Contract to Support Army’s Abrams Battle Tanks

        General Dynamics Land Systems has secured a cost-plus-fixed-fee, cost-plus-incentive-fee contract valued at $150 million to support the Abrams Engineering Program. 
        Boeing will provide JDAM guidance kits to Israel under a potential $510 million FMS contract.Foreign Military Sales
        • July 1, 2025

          State Department Clears Israel’s $510M Munitions Guidance Kits FMS Request

          The Department of State has approved Israel’s $510 million foreign military sale request to procure munitions guidance kits, munitions support
          Cedric Sims, a more than 25-year public sector leader, joined Emagine IT as chief executive officerExecutive Moves
          • July 1, 2025

            Cedric Sims Named Emagine IT CEO

            Bethesda, Maryland-based Emagine IT has appointed Cedric Sims, a more than 25-year public sector leader, as CEO. In this capacity,
            USSOCOM issued a draft RFP for the Special Operations Forces Global Logistics Support Services II contractAcquisition & Procurement
            • July 1, 2025

              USSOCOM Issues Draft RFP for Special Operations Forces Global Logistics Support Services II Contract

              The U.S. Special Operations Command has begun soliciting input on a draft request for proposals for the Special Operations Forces Global
              TransDigm agreed to acquire RTX business Simmonds Precision Products, a maker of fuel and proximity sensing systemsM&A Activity
              • July 1, 2025

                TransDigm Strikes $765M Deal to Acquire Simmonds

                TransDigm Group has agreed to acquire Simmonds Precision Products from defense contractor RTX for approximately $765 million in cash. TransDigm
                Boeing appoints Jesus "Jay" Malave as new CFO, effective Aug. 15.Executive Moves
                • July 1, 2025

                  Former Lockheed CFO Jesus “Jay” Malave Moves to Boeing as EVP, CFO

                  Boeing has announced the appointment of Jesus “Jay” Malave as executive vice president and chief financial officer, effective Aug. 15.
                  Arlington Capital plans to raise its seventh fundFinancial Reports
                  • June 30, 2025

                    Arlington Capital Eyes Another Multibillion-Dollar Fund

                    Arlington Capital Partners has signaled plans to raise its seventh fund, which could exceed the size of any of its
                    The CBP OIT has issued a request for proposal for a Network Operation Center Network Management Support Services recompeteAcquisition & Procurement
                    • June 30, 2025

                      CBP to Recompete Network Operations Center Network Management Contract

                      The U.S. Customs and Border Protection Office of Information and Technology is soliciting proposals from potential contractors to recompete the Networks
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                      • DOE’s ARPA-E Unveils $72M for Critical Minerals, Magnet R&D Projects
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                      • Boeing Reports Q4S Quantum Networking Satellite Testing Milestones
                      • Navy Issues Draft RFP for Potential $500M SLAM2ER OTA Consortium
                      • Seok-Hee Lee Named Intel Foundry EVP
                      • Rune Technologies Secures $99M Army IDIQ for TyrOS Logistics Software
                      • Auria Receives Contract From BAE Systems to Support Space Force Missile Warning and Tracking Program
                      • Cherokee Federal Appoints Katherine Lefler as VP of Human Resources
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