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The Department of Defense has signed agreements worth $187M combined with five companies under the Defense Production Act Title III to help sustain domestic production capabilities and critical workforce during the COVID-19 pandemic. DoD said Friday the contracts were awarded to Austal’s U.S. arm, General Electric’s (NYSE: GE) aviation business...

Kratos Defense and Security Solutions (Nasdaq: KTOS) has agreed to acquire Communications & Power Industries’ ASC Signal Division subsidiary for $35M in cash as part of efforts to expand its antenna systems and other offerings across the space ground sector and expand support for defense missions and intelligence operations....

James Taiclet, a board member at Lockheed Martin (NYSE: LMT) since 2018, on Monday officially assumed his duties as president and CEO of the company. He succeeds Marillyn Hewson, who now serves as executive chairman of the board and continues to support the leadership transition....

Todd Schuerhoff, a 25-year information technology market veteran, has been named a vice president at CGI's (NYSE: GIB) federal business, G2Xchange FedCiv reported Monday....

Sepideh Behram Rowland, a two-decade financial services industry veteran, has assumed a vice president position within the financial crimes risk and compliance practice of K2 Intelligence Financial Integrity Network....

Wash100 Popular Vote to Close on June 1st! Cast Your 10 Votes By Sunday’s Midnight Deadline! After record setting participation from the government contracting (GovCon) community, this year’s Wash100 Popular Vote will come to an end on June 1st. That means you have until midnight on Sunday night to cast your votes to determine which GovCon lea...

SparkCognition, an Austin, Texas-based artificial intelligence company, has formed a wholly owned AI subsidiary focused on government and national defense. SparkCognition Government Systems will deliver AI-based systems to government agencies to help them address national security needs and improve operations through data analysis, application of ...