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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 transaction gives B&A access to more contract vehicles and geospatial expertise.
Major hires and promotions involving operations, corporate development and human resources functions also feature.
Cote previously served as the Department of Transportation’s CIO for two years during the first Trump administration.
The Office of Personnel Management, Office of Management and Budget, and General Services Administration are all involved in this discussion on how to get a new human resources system in place by the end of 2028.
Jordan Burris, former chief of staff to the federal CIO in the first Trump Administration, explains what's missing from our national cybersecurity strategy and why long-standing digital identity issues need to be addressed.
The company argues federal acquisition laws require the Defense Intelligence Agency conduct a competition, echoing the 2016 court win involving an Army contract.
VA’s Office of Inspector General said the agency “did not establish a control environment that makes accessibility a priority” when it acquires new systems.
New software for fusing satellite data from multiple constellations could spot big events before they pop off.
The Veterans Affairs Department has added three protesters to the pool of winners, but 24 unhappy bidders face a July 14 deadline to decide whether to continue their legal fight.
Parsons is looking to beef up its technology portfolio for the electromagnetic spectrum, or what CTI calls the "invisible battlefield."
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