THIS WEEK'S TOP NEWS STORIES
CACI International (NYSE: CACI) has received a potential eight-year, $2 billion indefinite-delivery/indefinite-quantity contract to help maintain NASA's information technology services. The contractor will provide an enterprise tool to standardize and centralize IT services across the agency's centers and facilities under the NASA Consolidated Applications and Platform Services contract.
John Sherman, chief information officer of the Department of Defense and a 2024 Wash100 awardee, will step down from his role at DOD by the end of June. In a statement announcing the move, Defense Secretary Lloyd Austin, a three-time Wash100 awardee, acknowledged Sherman's leadership and efforts in helping the department address digital challenges and advance mission readiness.
Cognizant (Nasdaq: CTSH) has agreed to acquire Belcan in a cash-and-stock transaction worth approximately $1.3 billion to expand its engineering research and development capabilities and presence in the aerospace and defense industry.
Technology industry veteran?William Vass has been selected to succeed?Susan Penfield as chief technology officer of?Booz Allen Hamilton. Beginning June 17, Vass will lead the development of Booz Allen’s mission-focused artificial intelligence, cyber, software and?data-centric offerings.
The U.S. Space Force has awarded Blue Origin, SpaceX and United Launch Alliance spots on a potential 10-year, $5.6 billion contract to provide launch services as part of the third phase of the National Security Space Launch program.
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The U.S. Army has awarded General Electric (NYSE: GE) a potential five-year, $1.13 billion contract to provide T700 series turbine engines for the service branch. Contract work is expected to conclude on June 13, 2029.
A report by financial services company Raymond James (NYSE: RJF) indicates that 79 mergers and acquisitions occurred in the defense and government market during the second quarter of 2024, a 6.7 percent increase from the prior-year period.
Kevin Ruggiero, an information technology industry leader, has joined Parsons as senior vice president and chief information officer. He most recently served as SVP and CIO at Moog, where he led the company’s digital transformation journey and oversaw the delivery of cybersecurity and IT services to customers worldwide.
Herndon, Virginia-headquartered Everfox, formerly Forcepoint Federal, has agreed to acquire London-based Garrison Technology in a transaction that expands its portfolio of cybersecurity platforms designed to help government and enterprise customers protect their digital infrastructure.
Artificial intelligence is unlocking new opportunities for federal agencies and government contractors. But what does an AI-powered future look like??Jim Gwiazda, vice president of public sector at Equinix, sat down recently with Executive Mosaic to answer this question.