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Oshkosh‘s (NYSE: OSK) defense subsidiary will manufacture 116 more Enhanced Heavy Equipment Transporter System trailers for the U.S. Army under a $57 million order. The additional EHETS order is part of a competitively awarded contract in September 2022, worth potentially $263.2 million over five years, the company said Tuesday. Dutch trailer ...
Each year, the federal government allocates substantial funding toward defense and security contracts. Government agencies, such as the Department of Defense and the US Armed Forces, tap into the expertise of multiple companies dedicated to developing and providing cutting-edge solutions for defense and warfare initiatives across various domains, su...
Semiconductor chips underpin nearly every technology, weapon system and digital capability across the Department of Defense, making them increasingly important for a wide array of government and military missions. However, the United States’ production of these chips has fallen in recent decades, threatening our technological standing on the globa...
The State Department has released a solicitation for a five-year, $650 million contract vehicle to procure support services for its Global Antiterrorism Training Assistance program. GATA III is an indefinite-delivery/indefinite-quantity contract recompete of foreign law enforcement training services and has one-year base period along with four optio...
The government contracting industry’s confidence in its future revenues has recovered from a COVID-19-prompted dip. The market’s assurance in its ability to drive new business has increased by 1.6 percent from a year ago, returning what’s known as the GovCon Confidence Index, or GCCI, to pre-pandemic levels. GCCI is measured by Deltek’s Cl...
The Small Business Administration has finalized its rule to increase access and diversify its existing funding program for small businesses and startups in underserved communities. SBA said Monday the new rule will take effect Aug. 17 to modernize the Small Business Investment Company program by introducing an alternative borrowing structure to alig...
Integrated Data Services has received a sole-source contract worth nearly $100 million to provide the U.S. Air Force with a commercial off-the-shelf system for program and financial management. Using the Comprehensive Cost And Requirement system, IDS subject matter experts will support enterprise operations at Wright-Patterson Air Force Base in Ohio...
To maintain preparedness for current and future conflicts, the U.S. Army has embraced the “Army of 2030,” a momentous modernization effort designed to shift the service branch’s priorities to fit the characteristics of today’s international competition and deploy the technologies necessary to succeed in the evolving battlefield. The pla...
Geospatial data analytics company HawkEye 360 has raised $59 million in a Series D-1 funding round and intends to use the new capital for space system development and defense mission support expansion. The financing activity was led by investment firm BlackRock, with the additional backing of seven other companies, HawkEye 360 said Thursday. Ma...
Kathryn Simpson, vice president and associate general counsel of the mission systems sector at Northrop Grumman (NYSE: NOC), has been promoted to corporate VP and general counsel in a move that takes effect Oct. 30. She will take over the responsibility of overseeing Northrop’s legal affairs from the retiring Sheila Cheston and will report dir...
