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SOSi invests in AppTek for AI, machine learning capabilities
Reston-based defense and government contractor SOS International LLC (SOSi) announced Thursday it has made a non-controlling investment in McLean-based software company Applications Technology (AppTek) to develop artificial intelligence and machine learning for its speech recognition and translation service offerings. A transaction amount was not disclosed. SOSi will be the exclusive reseller of[...]
Accenture Federal Services wins $341M federal contract
Accenture Federal Services (AFS), an Arlington-based subsidiary of Irish Fortune Global 500 company Accenture, announced Monday it has been awarded a $341 million U.S. Department of Commerce (DOC) contract to consolidate its business systems and data platform. Under the contract, AFS will move the DOC’s finance, acquisition, property, and enterprise data warehouse into a commercial [&helli[...]
Activist hedge fund buys 5.9% stake in Perspecta
New York City-based activist hedge fund Jana Partners LLC has acquired 5.9% (9.4 million shares) of the stock of Chantilly-based government contractor Perspecta, according to U.S. Securities and Exchange Commission documentation. According to a Reuters report, Jana Partners is expected to encourage Perspecta to pursue a sale or merger. Jana intends to push Perspecta stock […]
SOSi consolidates defense IT and intelligence solutions units
Reston-based defense and government contractor SOS International LLC (SOSi) announced Tuesday it is consolidating its defense information technology and intelligence solutions business units into a new Defense and Intelligence Solutions Group. The new business unit will be led by Ed Bachl, co-founder of Vykin Corp., a Florida-based information technology solutions company that SOSi acquired in [&h[...]
Former UPS CEO joins Northrop Grumman board
Former United Parcel Service CEO David Abney has been elected to Northrop Grumman Corp.’s board of directors. Executive chairman of the UPS board of directors, Abney served as CEO of UPS from 2014 until May 2020. “David is an accomplished and respected business leader and is a great addition to our board,” said Kathy Warden, […]
Orbital Sciences Corp. wins $187M NASA contract
Dulles-based Orbital Sciences Corp., a subsidiary of Northrop Grumman Corp., has been awarded a $187 million NASA contract to design living quarters for the Lunar Gateway mini space station. The Habitation and Logistics Outpost (HALO) design will be inspired by Northrop Grumman’s Cygnus spacecraft, which delivers supplies, equipment and experiments to the International Space Station. [&hel[...]
Arlington tech company wins $1.5B contract
Arlington-based federal technology contractor CACI International Inc. announced Thursday it has won a $1.5 billion contract to provide networking and cybersecurity services for the National Geospatial-Intelligence Agency (NGA). “This record award demonstrates CACI is delivering on its strategy to win larger, more enduring contracts,” CACI President and CEO John Mengucci said in a statement. �[...]
Leidos lands contract worth $401M
Reston-based federal contractor Leidos announced Thursday it has won a contract worth $401 million, if all options are exercised, to provide information technology operations and maintenance support to the Defense Intelligence Agency (DIA). “This award is a true testament to our strong capabilities and proven performance working with the Department of Defense and Intelligence Community,” [&hel[...]
Arlington government contractor names chairman
Arlington-based federal contractor Govini announced Monday that former Deputy Secretary of Defense Robert O. Work has been elected as chairman of its board of directors. Work served as the 32nd deputy defense secretary from 2014 to 2017. He was under secretary of the Navy, the service’s second-highest ranking civilian position, from 2009 to 2013 and […]
Falls Church health IT company acquires Vienna tech firm
Falls Church-based health information technology company Cognosante LLC has acquired Vienna-based tech company Enterprise Information Services LLC (EIS). Financial terms of the transaction were not disclosed. Cognosante plans to use the acquisition to expand its federal contracting market. “EIS’ proven success in enterprise services, biometrics and cybersecurity provides expanded capabil[...]
Booz Allen wins $800M AI defense contract
Tysons-based federal contractor Booz Allen Hamilton announced Tuesday it has won an $800 million, five-year contract from the U.S. General Services Administration to create artificial intelligence products for warfighting operations supporting the Department of Defense’s Joint Warfighter National Mission Initiative. Booz Allen will embed AI decision-making and analysis at all tiers of DoD op[...]
Va. Beach military contractor announces $4M expansion
Virginia Beach-based military-industrial contractor SJS Executives LLC announced Tuesday it has received a $125,000 grant from the Virginia Beach Development Authority that will be used toward workspace and workforce expansion, as part of its Economic Development Investment Program (EDIP). As part of its expansion, the company plans to make a total of $4 million in […]
