Companies

How OneGov is changing CACI's contractor role

CEO John Mengucci tells investors the government's direct licensing push means less revenue but more profit for integrators.

Cloudflare to seek DOD IL4 authorization after new FedRAMP, GovRAMP designations

The connectivity cloud giant recently achieved FedRAMP High certification and GovRAMP Moderate authorization.

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Financial, operations and growth leadership moves across the market

One of the market's most active private investment firms adds a new operating partner and a semiconductor maker brings in its newest public sector head, among other key hires and promotions.

Boeing's sale of Insitu and more transactions to note

Acentra Health and Precise Systems move on acquisitions with their private equity backers as FedTec becomes part of a larger, more global enterprise.

As AI models break free, White House works with firms on secret safety measures

Lawmakers are blasting administration's "ad-hoc" artificial intelligence strategy as tech giants pitch ideas to keep federal contracts flowing.

Hadrian fetches $1.37B to add more automation-intensive factories

The six-year-old company has four sites for making precision parts and other components, with plans for more facilities in-the-works.

Palantir calls on GSA to withdraw draft AI acquisition rule

The stance is more aggressive than that of many groups representing contractors, who told GSA to revise, rather than withdraw, the proposed large language model acquisition rule.

Tyto Athene rebrands as Quantum Sky

New CEO Andrew Boyd says the name change reflects a faster-moving, higher-stakes mission environment for its customers.

Veritas to merge Steampunk into MetroStar Systems

The combination pairs MetroStar's artificial intelligence and digital transformation work with the delivery model of Steampunk.

Rocketdyne returns to the market

AE Industrial Partners is now in place as majority owner of the company, whose portfolio includes a rocket engine and propulsion systems.

How Leidos looks at the military's electronic health record plan

In talking with Wall Street, Leidos CEO Tom Bell goes over the Defense Health Agency's push to take on more integration responsibilities and where he sees the company fitting into that.

McNally Capital adds Tenica to its national security bench

Tenica brings mission support and cybersecurity services to McNally’s growing defense and intelligence portfolio.

K2 Space fetches $500M for its move to mass production

The four-year-old large satellite maker is pushing to build as many as 100 of them per year, some of which are contracted to be a part of the Golden Dome missile defense system.

L3Harris presses pause on Missile Solutions IPO plan

In talking with Wall Street, L3Harris Technologies CEO Chris Kubasik lays out the company's new timeline for the initial public offering and blueprint for positioning the business to investors.

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.

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.