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Relevant news in the defense area
Merger and Acquisition deal value in the defence sector was up to $8bn in Q1 of 2024, 55% higher than Q1 2023.
Source: https://www.army-technology.com/news/in-data-defence-ma-deals-up-55-in-q1-2024/
Date: May 2, 2024
Smaller businesses are offering easier targets, jeopardizing national security and supplier capabilities.
Date: July 01, 2024
Zack Hester of Bluestone Investment Partners explains why now is the right time for small and midsized companies to get involved in mergers and acquisitions.
Date: February 06, 2024
The aerospace and defense industry is poised for robust growth, with the market size expected to increase from $985.56 billion in 2024 to $1,234.42 billion
by 2028, growing at a compound annual growth rate (CAGR) of 5.8%. This expansion is driven by a combination of technological advancements,
increasing military expenditure, and the rising demand for both commercial and military aircraft.
Source: https://octanecdn.com/cfawcom/cfawcom_591349445.pdf
Date: Summer, 2024
Protests from Science Applications International Corp. and HII prompted the service to conduct an investigation after accusations that Northrop would be evaluating its own work.
The Renovus-owned company adds a Veteran Affairs-focused company that focuses on cloud computing, cybersecurity and digital modernization.
Other key promotions and hires featured in this listing include roles focused on business development, artificial intelligence, operations and health portfolio leadership.
Danielle Hillmer, most recently employed with SentinelOne, allegedly concealed a cloud product’s noncompliance with federal security regulations.
The Nuclear Regulatory Commission uses this blanket purchase agreement to bridge its technology resources with larger business strategies.
Venture activity featured in this listing centers around satellite manufacturing, acquisition management software, battery technology and autonomous underwater vehicles.
This piece of the service branch's Cloud One Next initiative concentrates on access to cloud computing services via automated, on-demand and self-service means.
Program managers hear the most valuable competitive intelligence about budgets, priorities and unmet needs. You just need to train them to recognize the value of those conversations, writes Nic Coppings, business development expert.
A joint memo from OMB Director Russ Vought and OPM Director Scott Kupor Wednesday laid out plans to encompass all federal HR management data into a single technology platform by fiscal 2028.
This is the General Services Administration's 17th agreement signed for enterprise-level pricing to all federal agencies.
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