Damian DiPippa is a known quantity in the aerospace, military and information technology systems worlds, with broad expertise in satellite operations, ballistic missile defense, avionics and more. He gained experience at companies like Northrop Grumman/TASC, ManTech and Engility.

DiPippa spoke with ExecutiveBiz about the combinations that resulted in his new venture ARETUM, the values the company is built on and where it’s going from here.

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Investment firms Veritas Capital and KKR have agreed to invest in Cotiviti, a provider of data analytics services to health care organizations, to support the latter's commercial expansion and product development efforts. Veritas Capital and KKR will own equal ownership stakes in Cotiviti and allocate capital through their venture capital funds to help accelerate the company's fund growth and technology innovation investments, Cotiviti said Wednesday.

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The Department of Energy's National Nuclear Security Administration and Los Alamos National Laboratory have selected SambaNova Systems to provide its data analytics and artificial intelligence software suite to expand LANL's large language models and general AI technologies. Under the multi-year partnership, LANL will deploy SambaNova DataScale and SambaNova Suite to advance AI workloads supporting national security, science, technology and engineering projects across the laboratory, the company said Tuesday.

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Guidehouse has confirmed its agreement to be acquired by a Bain Capital Private Equity affiliate for $5.3 billion. The company’s executive team will remain in their roles, with Scott McIntyre continuing as CEO, Guidehouse announced from McLean, Virginia on Monday.

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Michael Kelley has been selected as executive vice president of DecisionPoint. As a part of DecisionPoint’s corporate leadership team, Kelley will support the organization’s business development and capture solutions activities while helping to facilitate and maintain strategic growth, the Gaithersburg, Maryland-based company announced on Tuesday.

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Rick Wagner, former president of Microsoft Federal and a six-time Wash100 Award winner, has joined Enlightenment Capital-backed information technology company Agile Defense as its new CEO. Jay Lee, who previously held the position, will move into a strategic advisory role while remaining on Agile's board of directors, the Reston, Virginia-headquartered organization announced on Tuesday.

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The Department of Energy’s Argonne National Laboratory is set to deploy a new integrated software and hardware platform built by SambaNova Systems for deploying artificial intelligence capabilities for science workloads. The DataScale system will be available through Argonne Leadership Computing Facility’s AI Testbed, a collection of AI-accelerator machines designed to advance the use of the […] More

BAE Systems is a multinational corporation that develops and manufactures cutting-edge military, aerospace, security, and information technology systems for land, sea, and air deployment. BAE Systems Inc is a subsidiary of BAE Systems PLC that provides various weaponry, such as aircraft, artillery systems, and submarines, to over a hundred countries worldwide. This article detailed the […] More

Kim Irving, an information technology and cybersecurity business development professional with over 25 years of industry experience, has been appointed to lead the federal practice at cybersecurity company Ascent Solutions. As Ascent Federal’s general manager, Irving aims to help the business take cyber services to the government sector and support federal clients in technology development and […] More

Veritas Capital has completed the merging of Coronis Health and MiraMed Global Services into a scaled revenue cycle management platform to provide end-to-end technology-enabled solutions for U.S. health care providers, the leading technology and government investor announced on Thursday. “This combination brings together two highly complementary businesses with a shared mission to improve operations for health […] More

Cybersecurity risks are growing in today’s business world. Your company must be ready for different cyber threats. Due to access to federal information, data, and software, federal contractors are more likely to receive attacks than executive agencies. Your firm must comprehend federal cybersecurity regulations to avoid assaults from nation-states, organized crime, and hacktivists. What is […] More

Guidehouse announced on Wednesday that the portfolio company of Veritas Capital has entered into a definitive agreement to acquire Dovel Technologies for an undisclosed amount. The transaction is expected to close sometime in the fourth quarter of the 2021 fiscal year, and the combined enterprise is expected to generate more than two billion dollars in […] More