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Latest Federal & Government Contracting Companies' News Coverage
Madison Dearborn Partners-affiliated funds have made a strategic investment in Omni Federal, a software development company with customers in the Department of Defense and the intelligence community. MDP said Thursday that following the investment, the management team at Omni will continue to lead the company and retain a significant ownership position. Commenting on the development, […] More
Microsoft has elevated Summit 7 as a global finalist for its 2024 Partner of the Year Award for Security. The award recognizes collaborators that have created and marketed formidable Microsoft applications, services and devices during the past year. Microsoft selected honorees from more than 4,700 nominations from more than 100 companies, Summit 7 reported Wednesday. Scott Edwards, […] More
Mark Peters, executive vice president for national laboratory management and operations at Battelle, was appointed president and CEO of MITRE, effective Sept. 3. He will succeed Jason Providakes, who is retiring after over 35 years of service at MITRE, the organization said Thursday. Peters will bring to MITRE decades-long leadership experience as well as expertise […] More
Intel Federal‘s Steve Orrin believes advances in artificial intelligence can provide the military with benefits beyond object identification, offering, instead, enhanced situational awareness by making it possible to process data from various sources and draw connections that human analysts might otherwise miss. To realize these benefits, however, AI processing would have to take place at […] More
Jason Crager, a nearly three-decade Lockheed Martin veteran, was appointed vice president of quality and mission success at the defense contractor’s missiles and fire control business. Crager made the announcement via LinkedIn, through which he also expressed thanks to Brian Kubik, who held the said role before assuming a new VP post at Lockheed Martin […] More
Matthew McFadden, vice president of cyber at General Dynamics Information Technology, said government agencies and organizations should prioritize four core cybersecurity practices to defend their environments: implementing two-factor and multi-factor authentication, advancing vulnerability and patch management, reducing the attack surface and pursuing active defensive cyber operations. In an article published Wednesday on GDIT’s website, he […] More
Austal Limited confirmed the retirement of its founder and inaugural chairman, John Rothwell. The Australian shipbuilder and defense prime contractor also announced Wednesday that former U.S. Secretary of the Navy Richard Spencer would be the new company chairman beginning July 1. He will also sit on the board of the company’s U.S. subsidiary. Rothwell said […] More
CGI Federal has been chosen to help the FBI modernize its IT system. Under the second iteration of the FBI’s potential $8 billion Information Technology Supplies and Support Services blanket purchase agreement, CGI will bid on task orders provided by the agency, the Fairfax, Virginia-based company announced Thursday. Clay Goldwein, CGI’s senior vice president of […] More
Ironwood Cyber will showcase the capabilities of Enlight to the Transportation Security Administration for the product’s potential deployment by the agency. An artificial intelligence-powered cybersecurity product, Enlight works to provide autonomous detection and validation of vulnerabilities and security risks within a system, Ironwood Cyber said Tuesday. During the demo, Ironwood Cyber will work to show […] More
Interos has secured a five-year contract from the General Services Administration to enable the Department of Defense and civilian agencies to access its supply chain risk management platform. Carahsoft Technology said Wednesday it facilitates public sector access to Interos’ artificial intelligence-based technology through its own GSA Schedule and other contracts. The platform allows federal agencies to […] More
Discussions are in progress for a new investment into Anduril Industries that could result in the defense sector startup being valued at $14 billion in total, including previous funding, Bloomberg reported Thursday. Unnamed sources have revealed that Anduril seeks to raise $1.5 billion in the funding round, which is set to be co-led by Founders […] More
Business consulting company Guidehouse has announced that it will serve as master servicer and custodian under the first-ever multiparty securitization of the unguaranteed portion of Small Business Administration 7(a) loans. Commenting on her organization’s role in the transaction, Jessica Stallmeyer, Guidehouse partner and financial services segment leader, said in a statement issued Wednesday, “[We] are […] More
