Cubic Corporation has entered into a definitive agreement with an affiliate of Veritas Capital, under which Veritas and Evergreen Coast Capital, an affiliate of Elliott Investment Management, will acquire Cubic for $70.00 per share in cash. The all-cash transaction is worth approximately $2.8 billion, including the assumption of debt.

Executive Mosaic, a leadership media and events company in the government contracting space, has named the winners of the 2021 Wash100 Award that seeks to highlight the contributions and efforts of the 100 private and public sector leaders in leading government contracting industry's growth and innovation. "We are thrilled to honor the winners of the 2021 Wash100 Award," said Jim Garrettson, founder and CEO of Executive Mosaic. “This is our eighth consecutive year recognizing the outstanding achievements of the most significant GovCon and federal executives in 2020 as well as the vision and success they will continue to bring in 2021 and beyond."

TYSONS CORNER, VA, February 1, 2021 — The Intelligence and National Security Alliance added industry veterans Damian DiPippa, Adam Rudo and Vicki Schmanske to its board of directors for 2021, GovCon Wire reported Jan. 25.

The Professional Services Council has found that the use of shared information technology services by federal agencies has jumped 2 percent each year since 2017, FedScoop reported Monday. 

Defense contractors are working on artificial intelligence-powered sensors and other partially autonomous machines that could help the U.S. Army process images and identify targets, Breaking Defense reported Thursday.

As the leader in exclusive peer networking events, virtual events and media in the government contracting (GovCon) sector, Executive Mosaic continues to expand its platform with the launch of ArchIntel Events. On October 22nd, ArchIntel Events will host the ArchIntel - AI in Competitive Intelligence Forum as its first virtual event featuring August Jackson, senior director of Marketing and Competitive Intelligence for Deltek, as the keynote speaker. 

A Heron Systems-developed artificial intelligence ‘pilot’ on an F-16 Viper jet came out undefeated against a human Air Force fighter pilot in five rounds of simulated air combat as part of the Defense Advanced Research Projects Agency’s AlphaDogfight Trials.

Johns Hopkins University Applied Physics Laboratory will live-stream an online event from Aug. 18 to 20 for the third and final round of a Defense Advanced Research Projects Agency competition that will showcase artificial intelligence algorithms in a simulated aerial combat environment.

Darin Stolte, former vice president of service delivery at Knight Point Systems, has been named chief operating officer of Gaithersburg, Md.-based government services provider DecisionPoint | Cortek. He brings nearly three decades of GovCon industry experience to his new position, DecisionPoint | Cortek said Thursday.

On Thursday, ArchIntel launched its investigative “Competitive Intelligence GovCon Spotlight Series” to showcase the competitive intelligence (CI) sector and its impact on the federal market, industry and government contracting (GovCon). Competitive Intelligence is challenging on its own in the already complex world of GovCon. As our interviews will show, competitive intelligence is not for the faint of heart.

Red Hat has named Carahsoft Technology as its distribution partner of the year award in the public sector category for the latter's performance in helping market open source software products across the North American government sector.

The Defense Advanced Research Projects Agency has postponed the final test of an automated aircraft operations program due to COVID-19-related restrictions.