The government contracting ecosystem has seen major supply chain disruptions over the past few years; unfortunately, recent market conditions, geopolitical developments and increasing cyber threats have only exacerbated these issues. In response, the U.S. Cybersecurity and Infrastructure Security Agency is taking action. CISA has established a...
The Department of Defense plans to add requirements to National Security Space Launch program contracts in a move to address Chinese and Russian interference, The Wall Street Journal reported Tuesday. In a briefing to potential vendors of the upcoming contracting round, DOD said the next generation of rockets designed for launching spy satellites sh...
Air Products and Chemicals will supply 33 million liters of liquid helium and lease six proprietary liquid helium pumps to NASA’s Kennedy Space Center in Florida under a potential $1.07 billion contract. NASA will use the commodity to support the International Space Station program, the Space Launch System and other projects at the Kennedy Spa...
Financial services company Baird hosted its annual Government & Defense Conference on Thursday, bringing together industry leaders from across the federal sector to discuss the state of the government contracting industry, the impacts of recent sociopolitical events on the economic landscape and business strategies for the future. Bair...
Lloyd Austin, secretary of the Department of Defense and a 2022 Wash100 Award winner, and other DOD leaders hosted the Defense Innovation Board’s meeting on Monday and joined DIB Chair Michael Bloomberg in welcoming the seven newly named board members. Established in 2016, DIB provides department leaders with independent expert advice on how DOD c...
Microsoft (Nasdaq: MSFT) has received approval from the U.S. Army to begin the delivery of the initial order of 5,000 HoloLens-based combat goggles, Bloomberg reported Friday. Spokesman Jamal Beck said Douglas Bush, assistant secretary for acquisition at the Army, gave the service the clearance to start accepting 5,000 sets of the Integrated Visual ...
Air Force Secretary Frank Kendall highlighted the need for the U.S. to work with allies and commercial partners to ensure security and stability worldwide amid evolving threats, the service reported Wednesday. “When we say one team, one fight — industry and our international partners are part of that team,” Kendall, a three-time Wa...
Marc Parent CAE (NYSE: CAE) has introduced its new logo and brand identity as the company strengthens its mission of equipping individuals with technology platforms and expertise to prepare them for critical roles. “Our new logo reflects our heritage, this evolution, and our bold vision for the future, which involves us leaning even deeper int...
Raytheon Technologies (NYSE: RTX) has received a contract from the U.S. Army to develop a prototype of a tactical ground station designed to facilitate long-range precision targeting by detecting and tracking threats. The Tactical Intelligence Targeting Access Node will collect data from terrestrial, space and aerial sensors and deliver targetable d...
The board of directors at Lockheed Martin (NYSE: LMT) has approved a cash dividend of $2.80 per share for the third quarter of its 2022 fiscal year. Shareholders of record as of the close of business on Sept. 1 will receive the dividend on Sept. 23, the company said Thursday. The Bethesda, Maryland-based aerospace and...
