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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
The seven-year deal will modernize networks and lay the groundwork for AI deployments across the command.
Challenges to the evaluation and an allegation of an organizational conflict of interest fell short; GDIT cleared to move forward with the work.
As lawmakers dig in, federal employees face mounting uncertainty over pay, operations and the ripple effects of another prolonged funding lapse.
Older firms are finding ways to partner with tomorrow’s defense stars.
A must-attend industry day is planned for next month at Fort Huachuca.
The agency’s plans for OneGov are “constantly evolving,” officials say, but the agency aims to create lasting partnerships with industry.
Some level of refactoring and engineering will always be needed to make commercial software work for agencies. Here is how this AE Industrial-backed company is looking at opportunities there.
Several companies are challenging their removal from the competition for spots on a contract to provide cloud integration services.
The company will support modeling and simulation efforts for the Air Force and other parts of the Defense Department.
As AI adoption accelerates, agencies face a pivotal choice: stick with commoditized base models or invest in vertical AI systems built for government missions.
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