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Red Cat Inks Agreement to Acquire Drone Manufacturer Flightwave Aerospace SystemsM&A Activity
  • June 12, 2024

    Red Cat Inks Agreement to Acquire Drone Manufacturer Flightwave Aerospace Systems

    Drone technology provider Red Cat Holdings (Nasdaq: RCAT) has signed a letter of intent to acquire FlightWave Aerospace Systems to
    Norway, Denmark Get State Department Approval for $2.15B in Medium-Range Air-to-Air Missile Sales RequestsContract Awards
    • June 12, 2024

      Norway, Denmark Get State Department Approval for $2.15B in Medium-Range Air-to-Air Missile Sales Requests

      The State Department has cleared the requests of the governments of Norway and Denmark to buy AIM-120C-8 advanced medium-range air-to-air
      KPMG Names Patrick Ryan as DC Office Managing Partner, Federal Sector LeaderExecutive Moves
      • June 12, 2024

        KPMG Names Patrick Ryan as DC Office Managing Partner, Federal Sector Leader

        KPMG has appointed Patrick Ryan, a more than 24-year operational and business development leader, as managing partner of the professional
        Akima’s Bill Monet Receives 2024 Wash100 AwardNews
        • June 11, 2024

          Akima’s Bill Monet Receives 2024 Wash100 Award

          Akima President and CEO Bill Monet accepted his 2024 Wash100 Award from Executive Mosaic CEO Jim Garrettson at Akima’s offices in Herndon, Virginia
          Raymond James Report: Defense & Government Market Recorded 79 M&As in Q2 2024M&A Activity
          • June 11, 2024

            Raymond James Report: Defense & Government Market Recorded 79 M&As in Q2 2024

            A report by financial services company Raymond James (NYSE: RJF) indicates that 79 mergers and acquisitions occurred in the defense
            Cognizant Strikes $1.3B Cash-and-Stock Deal for Belcan; Ravi Kumar S QuotedM&A Activity
            • June 11, 2024

              Cognizant Strikes $1.3B Cash-and-Stock Deal for Belcan; Ravi Kumar S Quoted

              Cognizant (Nasdaq: CTSH) has agreed to acquire Belcan in a cash-and-stock transaction worth approximately $1.3 billion to expand its engineering
              DHS Deputy CIO Christopher Bartz Shares Agency’s Key AI EffortsDHS
              • June 11, 2024

                DHS Deputy CIO Christopher Bartz Shares Agency’s Key AI Efforts

                The Department of Homeland Security aims to be the “non-DOD AI leader” within the federal government, according to the agency’s
                RTX Lands $677M Navy Contract Option for SPY-6 Radar Production; Barbara Borgonovi QuotedContract Awards
                • June 11, 2024

                  RTX Lands $677M Navy Contract Option for SPY-6 Radar Production; Barbara Borgonovi Quoted

                  RTX (NYSE: RTX) business Raytheon has secured a potential $677 million contract modification from the U.S. Navy to manufacture AN/SPY-6(V)
                  Booz Allen Buys PAR Government Systems to Expand Defense PortfolioM&A Activity
                  • June 11, 2024

                    Booz Allen Buys PAR Government Systems to Expand Defense Portfolio

                    Booz Allen Hamilton (NYSE: BAH) has acquired PAR Technology’s government systems business arm in a move to expand the former’s
                    Accenture Federal Services Books $170M TSA Agile Applications Development Support ContractContract Awards
                    • June 11, 2024

                      Accenture Federal Services Books $170M TSA Agile Applications Development Support Contract

                      Accenture Federal Services will provide agile applications development support services to the Transportation Security Administration under a potential five-year, $170
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