Companies
CACI's outlook on the government's commercial acquisition push
In talking with Wall Street, CEO John Mengucci offers his view on how starting with initial investments to make an "80% solution" is the ideal path forward for contractors and their government customers alike.
Companies
SBA suspends 1,000 8(a) contractors for missing data submission deadline
These companies now have until Feb. 19 to submit financial records, but their reinstatement remains uncertain.
Companies
Tetra Tech acquires IT modernization, analytics outfit
Tetra Tech is adding roughly 600 employees through its acquisition of Halvik Corp.
Companies
BigBear purchases AI platform and tool suite from CargoSeer
CargoSeer designed its AI Shipment Inspection Platform to combine automated image analysis, computer vision and machine learning techniques with trade and cargo data.
Companies
A handful of space and defense tech M&A moves to highlight
One of these transactions involves three defense technology and professional services providers, which are joining forces with private equity backing.
Companies
Defense contractor gets 4-year prison sentence for bribing Navy official with sports tickets
Philip Flores of Intellipeak Solutions received 8(a) contracts through a kickback scheme.
Companies
Deltek lays off 275 workers in global workforce reduction
The software and market intelligence company cites "investment in long-term growth" as its reason for the cuts.
Companies
Katie Arrington departs DOD to rejoin private sector
CMMC's standard bearer is joining quantum computing company IonQ as its chief information officer.
Companies
A pair of transitions at the top and more leadership moves across the market
Our newest listing of key hires and promotions also features one at a defense giant's corporate development team and a high-profile Pentagon official's new position in industry.
Companies
Appian, Army sign $500M enterprise license pact
The service branch will have access to both the core Appian platform and a cloud offering under this agreement, which is similar to the one with Palantir.
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Defense software, cyber and aircraft highlight the week in venture rounds
Merlin Ventures, Northrop Grumman and the venture investment arm of RTX feature in this roundup of startup activity that is relevant to the government landscape.
Companies
Parsons buys Altamira for $330M cash
Parsons is adding 600 employees through this transaction, which also further grows the company's presence across intelligence programs and the Indo-Pacific region.
Companies
Dynamo Technologies enters space, defense domains via acquisition
Substantially all of Dynamo's work prior to this transaction centered around the Agriculture Department.
Companies
Hexagon's federal arm promotes new leader from within
The parent corporation is preparing to split in two during the first half of this year.
Companies
Luminary Cloud expands physics AI toolkit with defense-focused models
The company designed its new SHIFT models to address collaborative combat aircraft, autonomous submarines, and fluid dynamics challenges.
Companies
New partnership targets federal equity investment wave
Clark Street Associates and Finalis team up as the Trump administration looks to acquire more equity stakes in companies.
Companies
L3Harris to spin off its rocket motor business with the Pentagon as an anchor investor
In a first-of-its-kind partnership, the Defense Department is taking a $1 billion stake in the business ahead of an initial public offering later this year.
Companies
Everfox hires Wajsgras as chief executive
Dave Wajsgras more recently led Intelsat through its transition to becoming a managed services provider and subsequent sale to fellow satellite network operator SES.
Companies
A trio of private equity-driven transactions to note
Aurex and B&A detail their latest purchases with their owners' backing, while Pond & Company has found a buyer.
Companies