Tag Archives: DOD

Information technology companies Smartronix and Trident Technologies have received strategic investments from New York-based private equity firm OceanSound Partners.

BAE Systems’ U.S. subsidiary has agreed to acquire two businesses that are being divested in order for United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) to secure the required antitrust approval for their pending merger.

A Bloomberg Government webinar revealed that a Department of Defense component agency, two service branches and a civilian agency plan to recompete six of the largest contracts this year, Federal News Network reported Thursday.

Artificial intelligence software maker C3.ai has received a potential five-year, $95M contract from the Department of Defense's innovation arm to provide an AI-based technology for aircraft maintenance use.

Whitney, Bradley & Brown, a portfolio company of private equity firm H.I.G. Capital, has completed its acquisition of Arlington, Va.-based Decisive Analytics Corp. for an undisclosed sum.

President Donald Trump plans to redirect approximately $7.2B in defense funds in 2020 to support construction work on the border wall project, The Washington Post reported Tuesday.

A new Deltek report forecasts that the addressable information technology market for Department of Defense contractors will increase to $55.7B in fiscal year 2024 from $53B in FY19. Another report from the Herndon, Va.-based company predicts that the intelligence community will increase IT investments to $11B in FY24 from $9.9B in FY19.

The Pentagon’s Defense Innovation Unit has started to seek offers from U.S. operators of remote sensing satellites that can provide data analytics and imagery services, SpaceNews reported Monday.

The Defense Logistics Agency has awarded SupplyCore a spot on a potential five-year, $300M contract for maintenance, repair and operations support within U.S. Central Command's area of responsibility.

General Electric’s (NYSE: GE) aviation subsidiary has received a potential 10-year, $318M contract to provide a range of support services for the U.S. Air Force’s Engine Component Improvement Program.