The Air Force Global Strike Command has launched a five-year, $100 million initiative in an effort to accelerate commercial partnerships and enhance rapid acquisition capabilities. The Phase III Small Business Innovation Research indefinite-delivery/indefinite-quantity contract award for Commercial Engagement and Integration – Rapid Acquisition De...
Parsons, a technology-focused firm and federal government contractor, reported record revenues, earnings and other milestones in the third quarter of 2024. In a statement released Wednesday, Carey Smith, chair, president and CEO of Parsons, said, “We delivered record third-quarter results for total revenue, organic revenue growth, net income, ...
Northrop Grumman generated $10 billion in sales during the third quarter of 2024, up 2 percent from the same period last year, and posted $11.7 billion in Q3 net awards with a record backlog of $85 billion. In an earnings release published Thursday, the Falls Church, Virginia-based aerospace and defense contractor said year-to-date sales rose...
A joint venture between KAIVA Tech and DRT Strategies has secured a $100 million contract from the Food and Drug Administration for professional, administrative and consulting services. DRT said Tuesday KAIVA Strategies will provide the FDA with subject matter expertise and consulting in IT, science and medicine, finance, and communications over a f...
The U.S. Navy has unveiled the latest iteration of its Navy Cyber Defense Command system in an effort to deliver cybersecurity risk insights to naval commanders. Commenting on the release, Mike Dettman, assistant program manager of Cyber Situational Awareness Portfolio within the Navy’s Cybersecurity Program Office (PMW 130), said, “This...
The Department of Defense has issued the final rule for a certification program that seeks to verify whether defense contractors comply with existing cybersecurity protections for federal contract information and controlled unclassified information. DOD said Friday the final rule for the Cybersecurity Maturity Model Certification program is expected...
Sean Vineyard was appointed vice president of business development for military and veteran health at Tria Federal, according to the executive’s announcement via a LinkedIn post. The senior leader has nearly two decades of experience in business strategy, business development and customer success gained from working as a risk management, finan...
The Department of Homeland Security intends to launch a competition for a follow-on contract to procure business and logistics support services for the U.S. Coast Guard. According to a notice published Tuesday on the Acquisition Planning Forecast System, DHS expects the blanket purchase agreement to amount over $100 million and anticipates the relea...
C Speed, a product development and engineering services company, was acquired by NewSpring and added to the private equity firm’s portfolio of businesses that provide government customers with mission support products and services. The firm said C Speed brings to the NewSpring Holdings Federal Platform three decades of experience in offering a...
The State Department has approved Italy’s foreign military sale request to purchase the Electronic Attack Mission System and related equipment valued at an estimated $680 million. The Defense Security Cooperation Agency said Monday Italy asked to acquire the Electronic Attack-37B mission system and non-major defense equipment, including n...
