The Defense Department has lifted the curtain on its massive JEDI cloud initiative but many in industry are still wondering about the strategy and what kind of opportunity the project really represents.
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M&A
Why Booz Allen Hamilton and CACI International are in no rush to pull the trigger on megadeals for more scale like Leidos and more the more recent General Dynamics-CSRA pending combination.
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PEOPLE
ASRC Federal adds former Harris Corp. executive Wayne Lucernoni as a group president.
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ARMY
Leidos will help the Army prototype and integrate "C4ISR" technologies under a $230 million task order.
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CONTRACT AWARD
Five companies take spots on a $225.7 million contract to provide technical and other support services for DARPA programs.
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PEOPLE
Cyber services company Verodin adds former Air Force Chief Information Security Officer Earl Matthews as senior vice president and chief strategy officer.
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PEOPLE
Technica hires two-decade government services veteran Mark Cabrey as its chief financial officer.
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CLOUD
A DIUx-driven Other Transaction Authority agreement with REAN Cloud that had been DOD-wide will now be limited to U.S. Transportation Command, and given a much lower ceiling of $65 million.
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Intelligent Decisions' private equity owner is splitting the once-troubled contractor into two companies as they move into the next phase of their growth strategies.
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CSRA fielded multiple offers before picking General Dynamics and its $6.68 billion bid as the best company to take over the government contractor.
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PEOPLE
Peraton adds former National Reconnaissance Office Director Jeffrey Harris to the government technology services contractor’s board of advisers.
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M&A
Britain-based Ultra Electronics walks away from its $234 million deal for military electronics maker Sparton Corp., who will continue efforts to find a buyer.
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