GovConWire's Government Contracting News 10/13/2022

News

Video Interview: SAIC CEO Nazzic Keene On Defense Landscape Trends, Emerging Tech & Giving Back to the Community

Across the U.S. GovCon landscape, defense agencies are accelerating their modernization and digital transformation efforts. DOD agencies are harnessing new technologies and capabilities like cloud, digital engineering and data analytics to meet the evolving needs of warfighters in the digital age. Executive Mosaic spoke with Nazzic Keene, CEO of SAIC and five-time Wash100 Award winner, in a new

News

A ‘Good Scout’ Makes a Great Leader: Ken Asbury

Ken Asbury, former president and CEO at CACI International, accepted the National Capital Area Council of the Boy Scouts of America’s Technology Good Scout Award in October 2014. Asbury led CACI from February 2013 until his retirement in June 2019, a tenure that saw the company shift its focus to growing tech capabilities through multiple

Financial Reports

Veritas Capital Raises $10.65B for 8th Fund; Ramzi Musallam Quoted

Veritas Capital has raised $10.65 billion in capital commitments for its eighth fund to further support its strategy to invest in technology companies that provide critical services and products to government and commercial customers. The New York-based government investment firm said Wednesday Fund VIII closed within a year and was oversubscribed, surpassing its initial target

Executive Moves

Former BigBear CEO Reggie Brothers Named Operating Partner at AE Industrial Partners

Reggie Brothers, former CEO of BigBear.ai (NYSE: BBAI) and two-time Wash100 Award winner, has been named an operating partner at AE Industrial Partners. “I know firsthand the value that AEI’s operational support and strategic vision adds to its portfolio companies, and I am excited to have the opportunity to leverage my technology and defense background

M&A Activity

SilverEdge’s Robert Miller: QVine Acquisition to Complement SaaS Offerings for Intell Market

SilverEdge Government Solutions, a software company backed by private equity firm Godspeed Capital Management, has acquired cloud services provider QVine in a deal aimed to complement SilverEdge’s software-as-a-service platform development work for defense and intelligence customers. The acquired company’s executive team will stay and make an equity co-investment as part of the deal, SilverEdge said

Executive Moves

Michael Williamson Named Lockheed Global Business Development & Strategy SVP

Michael Williamson, vice president and general manager of missiles and fire control at Lockheed Martin (NYSE: LMT), will assume the role of senior VP for the company’s global business development and strategy on Nov. 1. He will succeed Tim Cahill, who will transition to the role of executive VP of the company’s MFC business segment,

Executive Moves

Former HHS Chief AI Officer Oki Mek Joins Microsoft as Federal Sector CISO

Oki Mek, who served as the first chief artificial intelligence officer at the Department of Health and Human Services, has joined Microsoft (Nasdaq: MSFT) as chief information security officer for the company’s federal civilian business, according to his LinkedIn announcement Wednesday. Prior to this appointment, he held a short stint as CISO at patient data

Contract Awards

Thales Receives $100M Army Radio Order; Mike Sheehan Quoted

Thales will provide an additional 4,000 two-channel handheld radios to the U.S. Army under a $100 million delivery order. The full-rate production order is the fifth award made under the Army’s Leader Radio Program for the AN/PRC-148D Improved Multiband Inter/Intra Team Radios, the company said Wednesday. This new award brings the branch’s total order for

M&A Activity

Federal Judge Refuses to Stop Booz Allen’s Planned EverWatch Buy

A federal judge in Maryland on Tuesday refused to grant a preliminary injunction that the Department of Justice requested to halt Booz Allen Hamilton’s planned acquisition of EverWatch over competition-related issues, Reuters reported. Judge Catherine Blake declined to grant the injunction and her full opinion with regard to the ruling is under seal, according to

Executive Moves

Red Hat Makes 3 Executive Appointments; Matt Hicks Quoted

Carolyn Nash, former senior vice president and chief financial officer of Red Hat, has been promoted to the chief operating officer position and she will continue to report directly to President and CEO Matt Hicks. Nash was appointed to the CFO role earlier this year and led efforts to grow the software provider’s finance operation,

GovConWire's Government Contracting News 10/13/2022

Video Interview: SAIC CEO Nazzic Keene On Defense Landscape Trends, Emerging Tech & Giving Back to the Community

A ‘Good Scout’ Makes a Great Leader: Ken Asbury

Veritas Capital Raises $10.65B for 8th Fund; Ramzi Musallam Quoted

Former BigBear CEO Reggie Brothers Named Operating Partner at AE Industrial Partners

SilverEdge’s Robert Miller: QVine Acquisition to Complement SaaS Offerings for Intell Market

Michael Williamson Named Lockheed Global Business Development & Strategy SVP

Former HHS Chief AI Officer Oki Mek Joins Microsoft as Federal Sector CISO

Thales Receives $100M Army Radio Order; Mike Sheehan Quoted

Federal Judge Refuses to Stop Booz Allen’s Planned EverWatch Buy

Red Hat Makes 3 Executive Appointments; Matt Hicks Quoted

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