Business/Financial
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Business/FinancialBiden Administration Looks To Expand Domestic Production Of Critical Minerals, Computer Chips
The U.S. needs to invest in its domestic capabilities for critical materials, minerals and semiconductors to better ensure the availability and resilience of its supply chains for national and economic […]
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Advanced / Transformational TechnologyData Analytics Company BigBear.ai Going Public, Plans Commercial Expansion
BigBear.ai, a cyber and data analytics company cobbled together through several acquisitions last year by a private equity firm, is going public this year and is valued at nearly $1.6 […]
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Business/FinancialSAIC Posts Strong Start To Fiscal Year; Acquiring Federal Health IT Company
Science Applications International Corp. [SAIC] late last Thursday afternoon reported strong first quarter results driven in part by an acquisition a year ago and solid organic growth, despite continued impacts […]
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Business/FinancialNeuberger Urges Private Sector To Fortify Cyber Defenses Against Ransomware
Amid a spike in ransomware attacks globally, the White House is urging companies to do their part in strengthening the cyber defenses of their organizations for themselves, the public and […]
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Business/FinancialPangiam Acquires Computer Vision Company Trueface
Pangiam on Tuesday said it has acquired Trueface, which has capabilities in computer vision for facial recognition, weapons detection, age verification and anomaly detection, significantly bolstering its technology prowess to […]
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Business/FinancialContractor for Civilian Nuke Production Sites Gets Short Extension
Consolidated Nuclear Security will remain on the job at the National Nuclear Security Administration’s two big production sites at least two months longer than planned and possibly as many as […]
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Business/FinancialAccenture Federal To Acquire Analytics Company Novetta
Accenture Federal Services on Tuesday said it has agreed to acquire Novetta, adding work in the national security sector boosting its capabilities in advance analytics, cybersecurity and cloud engineering. Terms […]
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Business/FinancialEaton Closes $2.8 Billion Deal For Cobham Mission Systems
Eaton [ETN] on Tuesday said it has completed its $2.8 billion acquisition of Cobham Mission Systems from the private equity firm Advent International, expanding its defense business and its offerings […]
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Navy/USMCNavistar To Pay U.S. $50 Million To Settle Complaint It Overcharged For MRAP Parts
Navistar Defense [NAV] will pay the U.S. government $50 million to settle a complaint that the vehicle manufacturer overcharged the military by inflating the cost of parts for Mine-Resistant Ambush […]
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Business/Financial
NSC Official Says Biden’s Cyber Order Will Strengthen Operational Technology
The Biden administration’s recent cybersecurity executive order that calls for leveraging federal buying power to ensure that software products purchased by government agencies is more secure than ever will benefit […]