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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
Challenges to the evaluation and an allegation of an organizational conflict of interest fell short; GDIT cleared to move forward with the work.
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.
The command uses the contract to buy a variety of products and services related to intelligence, surveillance and reconnaissance.
Missionforce represents a “deepening” of services and relationships with defense, intelligence and aerospace agencies, according to Kendall Collins, who has been appointed CEO of Government Cloud, including the new business unit.
Ruthless workforce reductions are destroying careers and critical initiatives; it’s time for compassionate leadership, writes management consultant Mike Lisagor.
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