L3Harris Technologies (NYSE: LHX) has agreed to acquire Aerojet Rocketdyne (NYSE: AJRD) for approximately $4.7 billion in cash, or $58 per share, in a transaction that will allow the aerospace and defense contractor to further advance innovation and continue to deliver missile defense systems, hypersonics and other capabilities to the Department of ...
By Rich Wilkinson Some folks in the government contracting world are so consumed by metrics that if there happens to be no metric for a particular thing, they question whether that thing is worth measuring at all. But just because something is hard to measure doesn’t mean it isn’t important. As we emerge from the...
Naval Facilities Engineering Systems Command has selected six small businesses to compete for range sustainment and remediation projects under a potential $95 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy. Contractors will perform work at military installations within NAVFAC’s Southwest area of responsibilit...
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...
After the government contracting industry experienced a surge in mergers and acquisitions a few years ago, the market has cooled in recent times. This is partly due to cautionary business behaviors in response to accelerated inflation. According to Howard Seeger, founder, managing partner and CEO of advisory firm Deep Water Point, in today’s lan...
David Erickson, senior director of solutions architecture at Elastic (NYSE: ESTC), said open source technologies enable government agencies to control and query their data to glean insights quickly and speed up the decision-making process. “The real power of open source technologies was revealed when they cracked the code on being highly powered, ...
Christopher Smith, vice president and general manager of the North America public sector at Red Hat, said the transparency, portability and innovation that open source offers have made the technology a mission-critical foundation for federal agencies, companies and other organizations. “Open source technologies evolve rapidly based on the diverse ...
John Balbus, interim director of the Department of Health and Human Services’ Office of Climate Change and Health Equity, said in a GovCon Wire-hosted virtual event that OCCHE works to promote health equity and strengthen sector-wide commitment to addressing the climate crisis as its overt and subtle effects threaten worldwide well-being. He n...
Enlightenment Capital has invested in iNovex, a Columbia, Maryland-based provider of software development platforms focused on signals intelligence, cybersecurity, robotic process automation and data analysis for federal government, intelligence community and commercial clients. Gary Daigle, CEO of iNovex, said in a statement published Wednesday Enl...
Four additional companies have secured spots on a potential $25 billion contract vehicle for general management and business support services to the Department of Veterans Affairs, according to data published Wednesday on the Federal Procurement Data System. The VA added ReefPoint Group, Revolve Solutions, Strategic Ventures Consulting Group and Ten...
