Mergers and acquisitions deals are a feature of any industry where there are large enough companies and funds to support new combinations and ownership arrangements. They’ve become a particularly notable occurrence across markets in the 21st century, as large conglomerates buy up smaller operations. Government contracting is no different. Accordin...
The Department of Health and Human Services has announced more than $500 million in awards to support companies as they move their vaccine candidates to Phase 2b clinical trials and further develop new technologies as part of Project NextGen. Project NextGen is a $5 billion government initiative that seeks to speed up the development of...
General Dynamics’ (NYSE: GD) Electric Boat subsidiary has secured a potential $216.5 million contract from the U.S. Navy to provide long-lead-time materials in support of construction work on two Virginia-class submarines. Work on SSN 814 and SSN 815 fast-attack submarines will occur in Minnesota, Illinois, Pennsylvania, New Jersey, Connecticut, M...
The Raymond James Defense and Government Conference held at Nationals Park in Washington, D.C. on Thursday brought together some of the most influential executives, government officials and thought leaders in the government and government contracting industry. During a panel discussion moderated by Raymond James Managing Director Andy McEnroe, fou...
The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $379 million contract to produce and deliver eight MH-60R Seahawk helicopters to the Armada, Spain’s naval force. The aircraft will serve as an upgrade and supporting fleet to the Spanish navy’s SH-60B Seahawk fleet, Lockheed said Thursday. The deal is covered by an existing basic order...
In space, new commercial entrants, an increasing number of satellites on orbit and cutting-edge technological advancements are contributing to a more competitive and opportunity-rich domain than ever before. The global space economy is projected to reach more than $1 trillion by 2030, but with this growth, threats from foreign intelligence ent...
The Defense Information Systems Agency has added four companies to a multiple-award indefinite-delivery/indefinite-quantity contract to provide satellite-based services and capabilities to the U.S. Space Force. Iridium Communications (Nasdaq: IRDM), Honeywell‘s (NYSE: HON) aerospace business, AT&T (NYSE: T) and Lynk Global will support eff...
Post-award best practices are key when it comes to contract management and contract execution. You’ll quickly realize that working with the government and supporting their projects can be more complex than dealing with commercial agreements. The government operates within a web of stringent regulations, and you need to play by the rules. Signi...
The U.S. Department of Defense famously established the Joint Digital and Artificial Intelligence Office in 2022 to formally indicate their commitment to embracing AI. But the Pentagon hasn’t stopped there — in the nearly year and a half since the CDAO’s creation, defense officials have demonstrated a persistent interest in implementing — an...
As Chief Information Officer and Director of the Technology and Innovation Office within the Bureau of Intelligence and Research, Jimmy Hall is tasked with leading a host of modernization and innovation efforts at the Department of State. Hall spoke with Executive Mosaic in an exclusive video interview to share his top priorities as intelligence ...
