NexTech Solutions has acquired Nomad Solutions, an information technology company specializing in government data and communication services, in an effort to boost its capacity to support critical government infrastructure. In a LinkedIn post Tuesday, NTS said the acquisition will help ramp up its support for federal civilian executive agencies...
Steve Schorer will succeed Stu Shea as chairman, president and CEO of Peraton, effective Sept. 9. Both executives are repeat recipients of the Wash100 Award, which annually recognizes the most influential leaders in the GovCon sector. The portfolio company of Veritas Capital said Tuesday Schorer has more than three decades of experience in leading c...
By Alka Bhave, President of Fearless Digital In the ever-evolving landscape of healthcare policy, it’s crucial to examine how legislative decisions translate into real-world impact for citizens. The recent implementation of web tools supporting the Emergency Medical Treatment and Labor Act, a.k.a. EMTALA, offers a compelling case study in...
Houston-based KBR (NYSE: KBR) has finalized its acquisition of LinQuest in a transaction that expands its engineering, data analytics and digital integration capabilities in support of national security space missions. KBR said Tuesday it will start integrating the acquired company into its government solutions segment and defense and intelligence b...
Northrop Grumman (NYSE: NOC) has secured a $197.5 million contract from the U.S. Navy for the full rate production of 56,000 FMU-139D/B bomb tactical electronic fuze systems. The Department of Defense said Tuesday the firm-fixed-price, indefinite-delivery/indefinite-quantity contract also covers 500 FMU-139D/B fuze accessory kits, 50 FMU-139D(D-1)/B...
The U.S. Air Force has awarded RTX (NYSE: RTX) company Raytheon an approximately $1.05 billion sole source contract to upgrade the sensors on the F-22 Raptor fighter jets. The Department of Defense said Friday the fixed-price-incentive, undefinitized contract provides for Group B hardware, spares and support equipment. Work on the contract will be p...
The Defense Threat Reduction Agency has released a request for information notice for a planned indefinite-delivery/indefinite-quantity contract for support services. According to the notice posted on SAM.gov, DTRA seeks to assess available small business capabilities that could cover fully integrated subject matter expertise with advisory and assis...
Executive Mosaic’s GovCon Index recorded gains from Tuesday to Friday, ending the week at a record high of $5,538.65. Besides the 2.39% week-on-week gain, the index tracking the stock performances of 30 major government contractors registered a third straight winning week in August and a 4.74% month-on-month gain. Wall Street’s maj...
A joint venture of Lockheed Martin (NYSE: LMT) and RTX‘s (NYSE: RTX) Raytheon business has received a potential $1.3 billion follow-on contract from the U.S. Army to produce Javelin missiles and supply related equipment and services for the military branch. The companies said in a joint release published Thursday the follow-on award is part of...
Although elaborate technological demands are certainly one hurdle to the Department of Defense achieving Combined Joint All-Domain Command and Control, the quieter but no less pressing challenge is government bureaucracy, Breaking Defense reported earlier this month. “It’s a very complex political problem, I think the tech is the ea...
