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 board of directors also elevates a new chief financial officer as CEO Zack Parker retires from the position.
Plus, one global financial giant appoints a new leader for its commercial banking team focused on this industry, among other key hires and promotions.
The company made several announcements geared towards its government customers, including up to $1 billion in cloud credits for U.S. intelligence agencies.
Your Shipley process and CRM are only as good as the customer intelligence feeding them. Most firms have never measured that capability, writes growth expert Nic Coppings.
EO 14409 sets a high bar for protecting AI models and training data — and agencies can't do it alone; they need help from their vendors, writes Gina Scinta, CTO of Thales Trusted Cyber Technologies.
The Transportation Security Agency set up this multiple-award contract to support its efforts to transition away from being both operator and regulator at airports.
Space Ground System Solutions will provide software development and other IT-related services at this Naval Research Laboratory location.
The Health and Human Services Department wants real operational data across multiple platforms before finalizing its enterprise acquisition approach.
As the government overhauls its procurement rulebook, contractors are still grappling with a persistent problem that shapes how they price, plan, and perform work. This includes information that must be protected and those responsible for identifying it, writes Lindy Kyzer of ClearanceJobs.com.
Rep. James Walkinshaw, D-Va., discussed his plans to scrutinize Trump-era contracting practices, revive federal IT oversight and push for AI policy.
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