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Saalex Expands Federal IT, Software Capabilities With Spalding Consulting Purchase; Travis Mack QuotedM&A Activity
  • January 25, 2024

    Saalex Expands Federal IT, Software Capabilities With Spalding Consulting Purchase; Travis Mack Quoted

    Saalex, a Camarillo, California-based federal services contractor, has acquired Spalding Consulting for approximately $75 million as part of efforts to…
    CIA & Military Leaders Talk Innovation & Tech at the Tactical EdgeIntelligence
    • January 25, 2024

      CIA & Military Leaders Talk Innovation & Tech at the Tactical Edge

      To counter rising cyber-physical risks and geopolitical tensions, the U.S. government is proactively strengthening its tactical edge, ensuring critical infrastructure…
      DOD OIG Audit Reveals Challenges in Pentagon’s Outdated Financial Management SystemsNews-comment
      • January 24, 2024

        DOD OIG Audit Reveals Challenges in Pentagon’s Outdated Financial Management Systems

        The Department of Defense's Office of Inspector General revealed in an audit that the Pentagon had an incomplete list of…
        RTX Posts 10% Increase in Q4 2023 Revenue; Christopher Calio on Backlog Growth, Pursuit of New WorkFinancial Reports
        • January 24, 2024

          RTX Posts 10% Increase in Q4 2023 Revenue; Christopher Calio on Backlog Growth, Pursuit of New Work

          RTX (NYSE: RTX) saw its fiscal 2023 fourth-quarter sales rise 10 percent to $19.9 billion and recorded a total backlog…
          Comtech Lands Additional Strategic Investment From White Hat, Magnetar; Ken Peterman QuotedNews-comment
          • January 23, 2024

            Comtech Lands Additional Strategic Investment From White Hat, Magnetar; Ken Peterman Quoted

            Comtech Telecommunications (Nasdaq: CMTL) has secured a $45 million strategic investment from current shareholders White Hat Capital Partners and funds…
            4 Vendors Win Spots on $150M Army Architectural, Engineering Services ContractContract Awards
            • January 23, 2024

              4 Vendors Win Spots on $150M Army Architectural, Engineering Services Contract

              Four companies have secured positions on a potential five-year, $150 million contract from the U.S. Army to provide architectural and…
              Defense Tech Experts to Convene at POC’s 10th Annual Defense R&D SummitEvents
              • January 23, 2024

                Defense Tech Experts to Convene at POC’s 10th Annual Defense R&D Summit

                Leading experts in defense technology will come together to share their insights on the current defense research and development ecosystem…
                OpenAI Lifts Military Ban, Opens Doors to DOD for Cybersecurity CollabArtificial Intelligence
                • January 22, 2024

                  OpenAI Lifts Military Ban, Opens Doors to DOD for Cybersecurity Collab

                  At the World Economic Forum in Davos, Switzerland on Jan. 16, it was revealed that OpenAI and the Department of Defense…
                  DHS to Solicit End User Device IT Management Services for CBPNews-comment
                  • January 19, 2024

                    DHS to Solicit End User Device IT Management Services for CBP

                    The Department of Homeland Security will release a solicitation for a potential $100 million contract to procure end user device…
                    BL Harbert Books $207M Army Contract for B-21 Weapons Generation Facility ConstructionContract Awards
                    • January 19, 2024

                      BL Harbert Books $207M Army Contract for B-21 Weapons Generation Facility Construction

                      BL Harbert International has secured a potential three-year, $206.6 million contract to build a weapons generation facility for the U.S.…
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