The Department of Defense’s fiscal year 2023 budget request includes the largest ever increase in spending for research and development. The $130.1 billion investment request is more than 9.5 percent over the fiscal year 2022 enacted level, and it represents a major milestone in the DOD’s modernization and innovation efforts. To find out more ab...
The Space Development Agency has posted a draft solicitation for an other transaction authority that would cover the development and integration of battle management command, control and communication software for the national security space posture. SDA said in a SAM.gov notice that it aims to set up BMC3 Application Factory and Integrator, an envi...
Image by Kristi Blokhin from Shutterstock.com CACI International (Consolidated Analysis Center, Inc) is a top-tier U.S. federal government contractor based in Reston, Virginia. Most of its customers are from the defense, security, homeland, healthcare, and intelligence departments. In the fourth quarter of the fiscal year 2021, the company’s c...
The governments of U.S. and Germany have agreed on the procurement of 35 F-35 Lightning II aircraft, manufactured by Lockheed Martin (NYSE: LMT), in a deal aimed at strengthening the latter’s operational interoperability with allied nation partners. The transaction covers the provision of engines, spare and replacement parts, mission equ...
Boeing (NYSE: BA) has secured a $109.1 million contract modification from the Missile Defense Agency to continue the development and sustainment of the Ground-Based Midcourse Defense system against potential ballistic missile attacks. The recent award extends the performance period by 12 more months ending December 2024 and increases the value of th...
A Veritas Capital affiliate has bought Chromalloy parent company Sequa from Carlyle (Nasdaq: CG) in a move aimed at expanding the New York-based technology investor’s portfolio with aftermarket services for aviation, energy and defense customers. In a statement published Tuesday, Ramzi Musallam, CEO and managing partner of Veritas, highlighted...
Coming out of his undergraduate work in chemical engineering at the University of Tennessee, Kent Wilcher considered three industries: oil and gas, pharmaceuticals and defense. After some brief deliberation, his answer was fairly easy. He decided to serve the defense industry because of his belief in its mission—he wanted something highly technica...
A General Dynamics (NYSE: GD) subsidiary has booked a one-year, $50.1 million contract modification from the U.S. Navy to carry out post-delivery work on a Virginia-class fast-attack submarine that entered service in June. General Dynamics Electric Boat will provide support services to USS Montana (SSN 794) under the cost-plus-fixed-fee award, the D...
Michael Buscher, a defense and intelligence industry veteran, has been appointed executive director of enterprise operations at counter-unmanned aerial systems developer Fortem Technologies. He will be based out of the company’s new office in Washington, D.C., and will coordinate Fortem’s business development strategies and engagem...
Joel Krooswyk, federal chief technology officer at GitLab (Nasdaq: GTLB), said “open source developers take pride in their code” and their commitment to security reflects through their collaborative efforts to quickly address vulnerabilities. “Neither corporate nor individual contributors want their names on code that has vulnerabilities. Ther...
