The federal government allocates substantial financial services amounting to millions and even billions of dollars to procure a diverse range of services encompassing defense, weaponry, healthcare, cybersecurity, space missions, and more. Federal agencies enter into contracts with private companies that offer these specialized services to accomplish...
The Department of Defense announced a $20 billion increase to the potential value of a contract vehicle for technology research and development services to the Department of Defense Information Analysis Center. DOD on Wednesday listed the modification awardees under its IAC Multiple-Award Contract, saying the ceiling boost brings the program’s...
A new McAleese & Associates report estimates most defense prime contractors recorded a 3 percent growth in sales during the first quarter of 2023, indicating that labor availability is improving and supply chain deliveries are starting to stabilize. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an an...
Thirty-seven vendors have won spots on a potential 10-year, $32.5 billion multiple-award contract for the design, development, production and sustainment of training systems. The Training Systems Acquisition IV indefinite-delivery/indefinite-quantity contract covers analysis, installation, integration and testing support for aircrew, maintenance and...
Artificial Intelligence (AI) is one of the biggest trends in the world today, from generative AI to sophisticated cybersecurity, with a promise to transform the industry and society. While 84% of chief executives recognize AI’s importance in achieving their growth objective, most organizations are lagging behind the curve regarding AI and machine ...
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has booked a $1.1 billion contract modification from the U.S. Navy to build two Block V Virginia-class submarines. The builder will use the funds to procure long-lead-time material and major components needed for the SSN 812 and SSN 813 construction projects, General Dynamics said Tuesday. ...
GovCon industry executives Koren Odermann and Mary Shambora have joined the leadership team of Client Solution Architects as vice presidents to help CSA advance growth initiatives and expand the company’s presence in existing and new markets, GovCon Wire has learned. Odermann will serve as VP of business development for the Army and other agen...
GovConVideo Weekly: HII Lands $1.3B AFRICOM Personnel Recovery Support Task Order; John Sherman OKs DOD’s Software Modernization Implementation Plan; DLA Awards 9 Spots on $3.2B C5ISR Support Contract; Q&A With CGI Federal’s Steve Sousa Click to Unmute ...
Photo Contributor: Tsuguliev/Shutterstock The defense industry is one of the world’s largest and most competitive industries. The U.S. federal government agencies under the Department of Defense are actively procuring defense products and upgrading existing systems with the latest technology to strengthen the nation’s military fo...
Chris Bishop, former chief growth officer of HII‘s (NYSE: HII) technical solutions division, has been appointed to the same position at Ultra Intelligence & Communications. Bishop announced his new post Monday in a LinkedIn post and will be part of a U.S.-based entity established in 2022 from the legacy Ultra Electronics business. The Univ...
