The Department of Justice (DOJ) formally approved Google’s substantial acquisition of cloud security powerhouse Wiz, clearing a critical regulatory hurdle for the estimated $32 billion all-cash transaction. The DOJ recently signaled its intent to terminate the antitrust investigation early, confirming it will not challenge the merger. This decision represents a major step toward finalizing one…
The U.S. Navy is seeking bids for a potential $349.4 million contract to provide comprehensive engineering and technical services for its growing unmanned maritime systems (UMS) fleet. The service released a solicitation for an indefinite-delivery/indefinite-quantity (IDIQ), multiple-award contract, which will utilize a cost-plus-fixed-fee (CPFF) structure. Empowering Unmanned Fleet Operations The Naval Information Warfare Center Pacific…
Bugcrowd significantly expanded its security testing portfolio by acquiring Mayhem Security, a company specializing in artificial intelligence-enabled offensive security tools. This strategic move directly addresses the growing demand within the government contracting sector for faster, more comprehensive vulnerability detection and remediation capabilities. Integrating AI and Human Ingenuity The combined entity will immediately launch an AI-powered,…
Peraton secured a major $196 million contract to provide the U.S. Army with critical operational and cybersecurity support for its Global Cyber Center (GCC). This award directly advances the Army’s digital modernization initiatives and strengthens the nation’s overall cyber defense posture. The GCC functions as the Army’s premier cyber operations and security hub, operating 24/7…
Firefly Aerospace finalized its $855 million acquisition of national security technology company SciTec, dramatically expanding its capabilities for space and defense missions. The deal, paid through a combination of cash and stock, immediately positions Firefly to deliver enhanced launch, ground, and in-orbit mission services to critical national security customers. Strengthening National Security Technology The strategic…
Baird will host its annual Defense & Government Conference on Tuesday, November 18, uniting senior executives, investors, and government leaders for a full day of dynamic discussion at the Ritz-Carlton, Tysons Corner in Virginia. The 2025 event, themed “Innovation, Mission, and Capital Market Convergence,” will spotlight the critical intersection where cutting-edge defense and government technology…
Leidos reported a record third-quarter revenue of $4.47 billion for fiscal year 2025, marking a 7 percent increase from the previous year. Strong customer demand for innovative products supporting critical defense and national security missions drove this impressive performance. The company also announced Q3 net income of $369 million, representing a 2 percent year-over-year jump.…
Cybersecurity firm Darktrace is significantly bolstering its executive leadership by appointing Suman Raju as Chief Financial Officer and Hein Hellemons as Chief Revenue Officer. This strategic move aims to leverage the new executives’ deep industry expertise as the company focuses on scaling its operations and accelerating its transformation initiatives. CEO Jill Popelka expressed enthusiasm for…
Intuitive Machines has dramatically expanded its capabilities, agreeing to acquire Lanteris Space Systems from Advent International in a pivotal $800 million deal. The space technology provider announced the transaction, which consists of $450 million in cash and $350 million in stock, with an expected close in the first quarter of 2026. This strategic acquisition immediately…
Seekr Technologies recently named industry leader Lloyd Cope Chief Revenue Officer (CRO), positioning the former Palantir executive to spearhead the company’s global expansion in the government technology sector. Cope brings deep expertise in enterprise and defense-focused artificial intelligence (AI) technologies, making him a critical addition as Seekr accelerates its mission in mission-critical environments. Driving Global…