Sagewind rebrands $600M mid-tier player as Axient

Private equity firm Sagewind Capital has unveiled Axient, the new name for a platform company that combines four acquisitions under a single brand with around $600 million in annual revenue.

Blue Canyon promotes co-founder to CEO

Now part of Raytheon Technologies, small satellite maker Blue Canyon Technologies promotes one of its co-founders and current chief technical officer to CEO.

Opinion

Why a WW2 contracting practice is the best way to build a federal cloud

Current contracting methods fall short when it comes to procuring something as large and complex as a federal cloud but a method used during World War II might just be the answer.

Contractors grapple with the future of the workforce

As the country opens up and more employees return to the office, government contractors are applying lessons learned to create what the “new normal” will look like. It continues to be a work in progress.

A small federal office is at the heart of Biden's equity agenda

The Office of Federal Contract Compliance at the Department of Labor may not be a household name but it plays a large role in conducting oversight of government contracts.

Dell added to $2.56B Navy software pact

Dell receives the second seat on a $2.56 billion blanket purchase agreement for the Navy to purchase Microsoft brand name licenses and products.

Leidos keeps $470M TSA screening equipment award

Leidos wins the recompete of a $470.7 million contract to provide deployment services for checkpoint screening equipment to the Transportation Security Administration.

Presidio launches federal-focused business

Presidio has created a standalone unit to put more of a focus on the federal market.

Oracle fights exclusion from ICE cloud contract

Oracle and one of its resellers are pushing back against how the DHS Immigration and Customs Enforcement agency is limiting a cloud services contract to only vendors who work with the Amazon, Microsoft or Google offerings.

BigBear.ai to go public via SPAC merger deal

BigBear.ai, a private equity-backed artificial intelligence firm formed in February, will become a publicly-traded entity through this merger with a so-called "blank check" firm or SPAC.

Revenue growth, new acquisition fuel SAIC's optimism

In its first quarter results, Science Applications International Corp. could point to several positive indicators such as a new acquisition, revenue growth, improved margins. Just one negative held: a slight drag from the continuing pandemic.

Kratos board elects company's CFO

Kratos Defense & Security Solutions’ board of directors elects the company’s chief financial officer as a new member.

SAIC to pay $250M for health solutions company

Science Applications International Corp. will acquire Halfaker & Associates in a $250 million deal to add more health care-related work and build on digital transformation capabilities.

High technical scores can't overcome price issues for Lumen

Lumen lost its shot at a Homeland Security Department cyber contract because its price was too high despite stronger technical scores.

Air Force wants $800M for enterprise IT as a service

The Air Force is looking to increase its enterprise IT services with capabilities that can support Joint All Domain Command and Control efforts through an $800 million budget boost.

Comcast wins $102M piece of DISA's commercial gateway effort

Comcast wins a $102.8 million contract to help the Defense Information Systems Agency replace legacy circuits in one U.S. region with ethernet connections for accessing the military’s global information network.

USAID picks 11 for $1B professional services pact

The U.S. Agency for International Development chooses 11 companies for a $1 billion blanket purchase agreement to support USAID operating units and field missions.

Versar deal shows signs of turnaround

Four years after being on the brink of disaster, Versar and its private equity owner have made a deal that signals an ongoing comeback at the project management firm.

Smartronix builds out executive team

In the wake of an acquisition, Smartronix further builds out its executive team with new hires and promotions to add leadership roles around C5ISR, engineering, and IT and cloud solutions.

Booz Allen books $674M DOD comptroller data contract

Booz Allen Hamilton secures a $674 million contract to help the Defense Department maintain and further expand a data analytics platform.