The State Department is asking vendors to review the updated preliminary solicitation regarding its Evolve contract vehicle for information technology products and services. A revised draft request for proposals posted Friday on SAM.gov indicates the potential ceiling value for the multiple-award procurement could reach up to $10 billion. The depart...
L3Harris Technologies (NYSE: LHX) has canceled plans to acquire Israel-based spyware manufacturer NSO Group after negotiations drew opposition from the White House due to national security and counterintelligence concerns, The New York Times reported Sunday. NSO’s spyware, dubbed Pegasus, can hack the mobile phones of users to extract messages, ph...
General Dynamics‘ (NYSE: GD) land systems business will provide active protection system kits to the U.S. Army for main battle tanks under a five-year, $280.1 million contract. The service branch will use the Trophy kits on its M1A2 SEPv2 and M1A2 SEPv3 Abrams family of vehicles, the Department of Defense said Thursday. Army Contracting Comman...
A TPT Global Tech subsidiary has entered into a stock transaction to acquire IST LLC, a general construction and information technology services company that works with government customers. Under the deal, IST founder Everett Lanie will receive 2 million shares of TPT Strategic’s common stock and become the latter’s president and a memb...
In the wake of President Biden’s fiscal year 2023 budget request, Executive Mosaic sat down with GovCon Expert Jim McAleese, principal and owner of McAleese and Associates and a previous Wash100 Award recipient, to get a comprehensive breakdown of the FY23 defense budget and understand which programs, military branches and initiatives rank among t...
In late February 2022, the Russian invasion of Ukraine sparked drastic changes in the geopolitical landscape and challenged complex global relations. During the months since the war’s onset, and as the conflict continues to unfold, it’s clear that electronic and cyber warfare are playing a major role in military actions on both sides, and these...
General Dynamics’ (NYSE: GD) land systems business has received a potential five-year, $145.5 million contract from the Defense Logistics Agency to provide spare parts for several combat vehicles. The spare parts are intended for the U.S. Army’s Abrams main battle tanks, Stryker family of vehicles, Buffalo, Cougar, RG-31 and family of light armo...
Mark Frantz, co-founder of Blue Delta Capital Partners, was presented his first Wash100 Award, the most prestigious and valued award in government contracting (GovCon), during a recent visit to the company’s headquarters in McLean, VA. Executive Mosaic recognizes Mark Frantz with a 2022 Wash100 Award for his leadership in expanding the firm’...
Carroll Lane, an aerospace and defense industry veteran, has joined Kaman (NYSE: KAMN) as a senior vice president and president of the company’s air vehicles and precision products divisions. He succeeds the retiring Darlene Smith and brings to Kaman his expertise in strategic planning, investor relations and profit and loss management, the compan...
The U.S. Air Force has awarded 27 companies spots on a potential $950 million contract to develop and operate systems across land, air, sea, space, electromagnetic spectrum and cyber domains in support of the Department of Defense’s Joint All Domain Command and Control battlefield strategy. Contractors will compete for orders under the indefinite-...
