A private-equity firm whose founders include the former Deltek chief executive announced its first purchase Wednesday in software development and data analytics contractor CRGT.
Saturday, April 20, 2024
Saturday, April 20, 2024
Marjorie Censer was Inside Defense's editor until July 2021. She previously worked at the Washington Post and its local business publication Capital Business, covering defense industry reshaping, the increased scrutiny of contractors following the Edward Snowden case and the challenges of canceling military programs. From 2007 to 2010, she was managing editor of Inside the Army. She also previously worked as defense editor at POLITICO and as a staff writer at the Carroll County Times and the Princeton Packet. A Fairfax native, she graduated from Princeton University.
A private-equity firm whose founders include the former Deltek chief executive announced its first purchase Wednesday in software development and data analytics contractor CRGT.
Defense contractor Raytheon today announced that it had purchased cybersecurity company Blackbird Technologies for about $420 million.
In the three years since Exelis split from ITT, there have been plenty of changes, including a new name and logo. But the most significant change came in September, when Exelis spun off its mission systems unit into a new company called Vectrus.
Months after retiring as Pentagon comptroller, Robert Hale has joined Booz Allen Hamilton as a fellow who will serve as an adviser to the contracting giant.
Contractor Booz Allen Hamilton said today that it has named Robert Hale, who recently retired as the Pentagon's comptroller, as a fellow who will serve as an adviser to the company.
Defense industry analysts and consultants agree that Engility's $1.1 billion deal to purchase TASC is a significant move -- but it's not yet clear whether it could trigger more large acquisitions in the near future.
Oshkosh said today that sales and profit in its defense group dropped significantly, primarily because of reduced work with the Pentagon.
Defense contractor Exelis said Friday that its sales in the most recent quarter fell to $1.1 billion, down roughly 6 percent from the same three-month period a year earlier.
Defense contractors including CACI International and L-3 Communications said this week that government spending reductions are taking a toll on their profits.
Lockheed Martin, the world's largest defense contractor, said today it has agreed to buy Systems Made Simple, a health information technology contractor.
Defense contractor ManTech International today reported a steep decline in its quarterly sales and profit as the U.S. military ends wars overseas.
It is too early to tell how much of an impact yesterday's failed Antares rocket launch will have on manufacturer Orbital Sciences Corp., according to the company's chairman and chief executive officer.
Contracting giant Booz Allen Hamilton said today that its profit and sales fell in its most recent quarter due to decreased demand from government customers and slower contract awards.
Government services contractor Engility said Tuesday it has agreed to buy TASC, a services contractor divested by Northrop Grumman about five years ago.
The Pentagon acquisition chief is advancing the Army's "double-v-shaped" hull modification for the Stryker program, writing in a new acquisition decision memorandum that the service can modify a small number of vehicles.
The first increment of the Army's brigade combat team modernization effort is slated to face a Defense Acquisition Board interim review Friday (April 2), program executive office integration spokesman Paul Mehney confirmed Tuesday.
The Army hopes the Pentagon acquisition chief will soon grant the service's request to proceed with a "double-v-shaped" hull initiative for Stryker, according to a senior Army leader.
Marine Corps Brig. Gen. Michael Brogan, commander of Marine Corps Systems Command and joint program executive officer for Mine Resistant Ambush Protected vehicles, said today he will soon be reassigned but does not yet know where or when.
The Defense Department is shifting $3.9 billion to pay for more than 2,800 Mine Resistant Ambush Protected vehicles, according to a reprogramming document signed yesterday.
The Army's new capability portfolio review effort is intended to help the service take a holistic look at its programs and find potential efficiencies, Army Vice Chief of Staff Gen. Peter Chiarelli told the House Armed Services readiness subcommittee today.