News

Rich Wilkinson, director of solutions engineering for Unanet and a GovCon Expert, has published the latest article as a member of Executive Mosaic’s GovCon Expert program on Tuesday. Wilkinson utilized his extensive experience of more than 25 years of experience in the government contracting (GovCon) industry to explore how the COVID-19 pandemic has impacted the professional services industry. 

Science Applications International Corp. (NYSE: SAIC) will continue to help U.S. military services maintain, repair and operate facilities for an additional year under a $90M bridge contract from the Defense Logistics Agency.

Raytheon Technologies (NYSE: RTX) has secured two contract modifications worth $77.2M combined from the U.S. Navy to provide support services for Zumwalt-class destroyer ships and Evolved SeaSparrow missiles.

Bob Genter, president of the defense and civilian sector at Science Applications International Corp. (NYSE: SAIC), told the Washington Business Journal in an interview published Monday that combining defense and civilian businesses into one business segment provides SAIC an opportunity to bring information technology to the defense side and engineering services to the civilian sector.

Michael Lewis, former vice president and general manager of Iron Mountain's (NYSE:IRM) government services unit, has joined Salesforce (NYSE: CRM) as VP of strategy and business development. He brings more than three decades of industry experience to his new position and will be responsible for Salesforce's BD efforts in the aerospace, defense and federal systems integration segments.

The Cybersecurity and Infrastructure Security Agency has released an emergency directive directing all federal civilian agencies to mitigate a compromise that threat actors are exploiting in SolarWinds' (NYSE: SWI) Orion Network Management products.

The Missile Defense Agency has issued a broad agency announcement seeking potential sources of command and control, battle management and communications concepts to support the U.S. military's ballistic missile defense system operations.

Organizations across the U.S. financial services, technology and academic industries, including Microsoft, have announced the formation of a new National Council for Artificial Intelligence (NCAI). The council will work to expand technology solutions to solve challenges within industry. The council also includes the Brookings Institution, CUNY, the Federal Reserve Bank of New York, Mastercard, Nasdaq, Plug and Play, SUNY, University of Central Florida and Visa.

Investment firms Blackstone Group and ClearSky have jointly completed the purchase of 400K shares in Milpitas, California-based cybersecurity firm FireEye (Nasdaq: FEYE) for $1K a share. Blackstone's tactical opportunities business led the $400M strategic investment deal.

Lockheed Martin (NYSE: LMT) has won a potential 10-year, $900M contract to establish a depot sustainment facility for the U.S. Air Force's F-16 Fighting Falcon aircraft fleet.