Companies

CACI's $1.3B purchase of Azure Summit born out of familiarity

In explaining the acquisition to Wall Street, CACI International CEO John Mengucci pointed to a large Navy software development program as where the company got an early look at the possibilities.

CGI Federal closes Aeyon purchase

The acquisition brings 725 employees to CGI Federal and an expanded reach with clients such as NASA and the Federal Aviation Administration.

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White House leads public-private commitment to curb AI-based sexually abusive material

Leading private sector companies signed voluntary agreements with the White House to train and monitor their AI models to avoid such misuse.

CACI to buy radio frequency tech maker for $1.3B

The pending addition of Azure Summit Technology is the newest move by CACI International to expand its electronic warfare and electromagnetic spectrum footprints.

Talent, growth and financial leadership moves across the market

A promotion focused on digital modernization also features, plus one of the government's main launch providers hires an auto sector veteran to lead operations.

Darkhive completes $21M Series A round for uncrewed vehicle development

Darkhive started with the premise of helping operators manage their fleets and devices that are in the field. This new round of investors includes RTX.

QualX takes in new private equity backing

QualX becomes the second federal technology company to join the portfolio of Renovus Capital Partners, which also holds Aretum.

FGS hires former federal CISO Schneider as chief exec

One of the government's longest-tenured cyber leaders joins this provider of intelligence collaboration and analysis services.

Microsoft unveils new quantum computing hybrid solution in Azure

Azure Quantum combines cloud computing, artificial intelligence, and logical qubits to bring quantum computing strength to scientific challenges.

Damon Griggs’ journey back to the c-suite

The former Dovel CEO explains why he decided to work with Madison Dearborn Partners and why Harmonia Holdings stood out from a crowded field of potential acquisitions.

Serco's North American arm hires new chief people officer

Melissa Marousek will lead the subsidiary's human resources strategy that involves talent management, organizational development and cultural transformation initiatives.

SAIC's three steps for reinvigorating its bids

Bid More, Bid Better, and of course, Win More are how SAIC's CEO Toni Townes-Whitley described the company's emphasis on improving how it does business development.

General Dynamics acquires special operations tech specialist

The transaction takes place more than a year after General Dynamics IT unveiled its digital accelerator strategy that lays out the company's tech agenda.

Madison Dearborn acquires Harmonia Holdings, brings in Dovel execs

Damon Griggs is a CEO once again and has set an "aggressive" $1 billion annual revenue goal.

Private equity, growth and tech leadership moves across the market

Plus a key supplier of nuclear fuel and components to the Navy makes a promotion within its government group.

ITC Federal lands Blue Delta backing

ITC will use this newfound resource for both acquisitions and key hires to shape its next phase.

Cherokee Federal stands up new investment arm

Sovereign Capital's first investment is its acquisition of majority ownership in a small business seen as having potential for faster growth.