Arcfield enters the seas via acquisition
This is purchase number three for Arcfield since its formation in 2021 and with the backing of Veritas Capital’s fund for the middle tier. Arcfield, a systems engineering and mission support services provider known for its space business, has acquired a company that specializes in technology solutions and other offerings for the maritime domain. Rite-Solutions opened […]
A trio of C-level moves to note at Booz Allen, Leidos and SAIC
Booz Allen Hamilton’s chief financial officer is heading to a new industry altogether, while Leidos and Science Applications International Corp. detail their tech and growth chief hires. Booz Allen Hamilton Matt Calderone, chief financial officer for the past three years, will leave the company on Feb. 1 for the CFO position at a business being spun […]
Bid protests hit decade-low and undermine calls for ‘loser pays’ reforms
New data from the Government Accountability Office shows protests have declined 40% since 2016, while half of all cases result in relief for contractors or corrective actions by agencies. Despite all the rhetoric about the need to rein in bid protests, the numbers just do not show protests as a growing problem. If anything, it’s the […]
Industry calls for US leadership in AI as a democratic imperative
Top tech firms are hoping a planned AI Export Program out of the Commerce Department will foster international consensus when it comes to promoting “democratic” AI frameworks and preventing “overly prescriptive” regulations. Leading technology companies — including OpenAI, Anthropic, and Amazon Web Services — are hoping that a future artificial intelligence exports program can play a […]