The Defense Logistics Agency has awarded 85 companies positions on the potential 10-year, $11.9 billion J6 Enterprise Technology Services 2.0 contract to provide information technology support services for DLA and other Department of Defense components. DOD said Tuesday the DLA Contracting Services Office in Philadelphia received 259 offers through ...
The National Geospatial-Intelligence Agency has awarded 10 vendors spots on a potential five-year, $290 million contract to provide national security agency customers access to unclassified commercial GEOINT-derived computer vision capabilities, data and analytic services. NGA said Friday the Luno A commercial data indefinite-delivery/indefinite-qua...
Investment banking firm Evercore (NYSE: EVR) has released its September report, which highlights the market performance of several U.S. defense and government services companies. The monthly update released by Evercore’s aerospace, defense and government services team shows the share performances, enterprise and equity values and operating met...
Accenture‘s (NYSE: ACN) federal business, Booz Allen Hamilton (NYSE: BAH), Deloitte Consulting and two other companies were awarded positions on a potential $500 million contract to help modernize the Food and Drug Administration’s data and analytics. Accenture Federal Services is among the platinum sponsors of the Potomac Officers Club&...
Future Technologies Inc. has appointed Nathan Glass as vice president of finance, according to the executive’s LinkedIn post shared Wednesday. Glass spent five years at EverWatch, a Booz Allen Hamilton (NYSE: BAH) company, before joining FTI. He served as its director of compliance and special projects, director of financial pla...
Artificial intelligence has piqued the interest of the U.S. military services, and the Department of the Navy has sharpened its focus on AI technologies in recent years. These tools offer the department increased efficiency and elevated decision making capabilities, but disconnected, dated systems have presented a number of challenges. One of these ...
A report by financial services company Raymond James (NYSE: RJF) shows that 122 mergers and acquisitions occurred in the defense and government market during the second quarter of 2024, a 63 percent increase from the prior-year period and an 11 percent rise from the previous quarter. The August report was issued by Raymond James’ defense ...
Summit Technology Group has introduced artificial intelligence capabilities for its cloud-based federal loans and grants platforms, opened a new office in the Washington, D.C. metropolitan area and made key industry hires to support the company’s expansion in the federal sector. Investments in AI Tech for Federal Loans & Grants Platforms STG s...
The U.S. Air Force has awarded 23 companies positions on a potential 10-year, $12.5 billion multiple-award contract to modernize, maintain and operate the Department of the Air Force’s base area network infrastructure. The Department of Defense said Friday the Air Force Life Cycle Management Center launched a competitive acquisition process an...
Summit Technology Group has appointed Marc Tate, a federal technology industry executive, as executive vice president of federal sales for the company’s public sector business. STG announced Tate’s appointment in a LinkedIn post. Tate brings to the role decades of experience in federal and financial technology sales, project management, corp...
