Companies

Parsons moves to divest advisory, remote location contracts

In talking with Wall Street, CEO Carey Smith explains the company's choice to prioritize development work with one customer and why it opted to "stay on the SETA side of the house” with the Missile Defense Agency.

Antares fetches $470M to move on military base reactor push

The three-year-old startup wants to get ahead of the government's own deadline for operating a nuclear reactor on military property.

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Carlyle Group buys data protection tech maker

Secturion Systems is also bringing aboard a new chief executive as part of this transaction, which is Carlyle's first in its middle-market play.

Leonardo DRS to acquire Raft for $450M

Leonardo DRS is looking to further build out its advanced sensing and network computing product portfolio.

Booz Allen's view of itself in a world of more direct tech contracts

In talking with Wall Street, Booz Allen Hamilton CEO Horacio Rozanski advocates for his company remaining a key part of making commercial products work for agencies.

Tech, finance and growth leadership moves across the market

A trio of board appointments also feature in this listing, along with one company's designation of key executives for its Golden Dome pursuits.

ODRG bulks up national security portfolio with ASET Partners acquisition

ODRG adds enterprise IT, geospatial intelligence and cybersecurity capabilities with additional national security and homeland defense customers.

Bluestone backs Delphinus Engineering as Navy sustainment player eyes growth

This investment brings new capital for acquisitions and capability expansion, as well as a new CEO from within.

Knox Systems turns Microsoft investment into Azure FedRAMP partnership

The agreement lets Azure-based applications tap into Knox’s compliance platform to get authorized in as little as 90 days.

US AI labs are emerging target for foreign spies, experts warn Congress

Former officials told the House Intelligence Committee that U.S. agencies have not kept pace with China’s push to obtain advanced American AI technology.

Guidehouse hires Hernandez as finance chief, promotes Brown to transformation lead

Kelly Hernandez is returning to the GovCon industry, while Stuart Brown moves up to a new role tied with Guidehouse's $1.5 billion artificial intelligence investment.

BTS and Quorum make M&A decisions, Capitol Meridian closes second fund

This roundup of three recent transactions across the market covers one acquisition, the receipt of external backing and resources for future investments.

Youngkin rejoins the private sector and more leadership moves across the market

Our newest listing of key executive hires and promotions also covers functions in technology, law, finance, business development and operations.

ASRC Federal taps insider Manzo as next CEO

The former operating group president succeeds Jennifer Felix, who leaves after six years and having led the company to No. 36 on the Top 100.

Air defense, cloud and propulsion startup investment rounds to note

One of the blue chip defense hardware companies is also spreading its venture investment wings beyond the U.S.

GSA is eyeing OneGov savings beyond software and tech, official says

GSA Deputy Administrator Mike Lynch noted that many of the roughly two dozen firms participating in the OneGov initiative “offer multiple products to federal government,” meaning that the strategy can ultimately lead to a broader range of cost savings.

Peraton appoints Omar as finance chief

Salim Omar previously was the company's senior vice president of corporate sector and finance.