IBM Strikes $6.4B Acquisition Deal for HashiCorp; Arvind Krishna Quoted
GovCon Wire
by Jane Edwards
2d ago
IBM (NYSE: IBM) has agreed to acquire HashiCorp (Nasdaq: HCP) for approximately $6.4 billion, or $35 per share in cash, to expand its infrastructure and security lifecycle management capabilities designed to help organizations automate their multicloud and hybrid cloud environments amid the rapid deployment of artificial intelligence technologies. IBM said Wednesday the boards of directors ..read more
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CISA Reports Progress on Cyber Threat Responses Due to Collaboration, AI & More
GovCon Wire
by Charles Lyons-Burt
2d ago
Government agencies are seeing more efficient responses and resolutions to cybersecurity issues as a result of a number of strategies, including a focus on collaboration, according to officials from the Cybersecurity and Infrastructure Security Agency. CISA’s David Carroll, who serves as associate director for mission engineering, credits private-public partnerships as the “fuel” of cyber operations and ..read more
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Navy Awards 8 Companies Spots on $701M Ship Maintenance IDIQ
GovCon Wire
by Naomi Cooper
2d ago
Eight companies have won spots on a five-year, $701 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy to repair, maintain and modernize non-nuclear surface ships homeported in Mayport, Florida. The contractors will conduct continuous maintenance emergent maintenance of the ship and provide short-term support to the Chief of Naval Operations, the Department of Defense said Wednesday ..read more
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How Defense Agencies Are Implementing Hybrid & Multi-Cloud Strategies
GovCon Wire
by Summer Myatt
2d ago
Government leaders are moving toward a hybrid cloud approach as cloud technologies and data needs continue to evolve. Officials from the Defense Information Systems Agency and the Army’s Enterprise Cloud Management Agency spoke about how their organizations are embracing hybrid cloud and the new opportunities emerging in this area. Roger Greenwell, CIO and director of ..read more
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Air Force Posts Solicitation for Potential $5.7B Combat Air Force Support Follow-On Contract
GovCon Wire
by Naomi Cooper
2d ago
The U.S. Air Force has begun seeking proposals for a potential $5.7 billion follow-on multiple-award contract to provide combat air forces contracted air support services to help protect U.S. assets against advanced airborne threats. CAF CAS II seeks to procure non-personal services for realistic advanced adversary air threats and close air support threats to support ..read more
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VSE Expands Aviation MRO Service Offerings With Turbine Controls Buy; John Cuomo Quoted
GovCon Wire
by Naomi Cooper
2d ago
Alexandria, Virginia-based aftermarket services provider VSE (Nasdaq: VSEC) has closed its acquisition of Turbine Controls, a Federal Aviation Administration-approved aircraft repair station, for $120 million in cash and common shares. John Cuomo, president and CEO of VSE, said in a statement published Wednesday that the acquisition presents an opportunity for the company’s aviation segment to ..read more
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General Dynamics Reports Solid Operating Results, Growing Revenue and Backlog in Q1 2024; Phebe Novakovic Quoted
GovCon Wire
by Aidan Daly
2d ago
General Dynamics (NYSE: GD) has presented its first quarter 2024 results and reported that revenue and net earnings grew 8.6 percent and 9.5 percent year-over-year to $10.7 billion and $799 million. The company said Wednesday its operating earnings reached $1 billion, or 10.4 percent higher from a year ago, while company-wide backlog went up 4.4 ..read more
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Expert Panelists Discuss Low-Code Software & Citizen Development
GovCon Wire
by Ireland Degges
2d ago
Workforce is a determining factor of the success of any project, and it can be a challenge for federal agencies to find and recruit information technology experts and train their existing staff – who are often used to traditional processes – on new technologies. Low-code software presents a solution to this problem. This programming method ..read more
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Fearless Awarded CMS CyberGeek Contract Extension
GovCon Wire
by Jane Edwards
2d ago
Baltimore, Maryland-based digital services integrator Fearless will continue to help the Centers for Medicare and Medicaid Services improve the security and privacy of CMS systems and sensitive data under an extension to the CyberGeek contract. Fearless said it will work with Coforma and CivicActions to help the CMS Information Security and Privacy Group build a ..read more
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State Department OKs $2B in FMS Deals With Poland, Netherlands for Extended-Range Anti-Radiation Missile
GovCon Wire
by Jane Edwards
2d ago
The State Department has approved the requests of the governments of Poland and the Netherlands to buy an extended-range variant of the Advanced Anti-Radiation Guided Missile system, related equipment and support services from the U.S. government under two foreign military sales deals worth approximately $2 billion combined. Northrop Grumman (NYSE: NOC) will serve as the ..read more
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