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Government services contractor Peerless Technologies has acquired defense firm Statheros for an undisclosed sum to expand its client base and capabilities in support of electromagnetic spectrum operations. In a statement published Monday, Peerless President Andrea Kunk said the company has leveraged over two decades of experience in systems engineer...

The GovCon Index snapped its six-day losing streak Thursday, then advanced +0.28% to $4,895.06 before the weekend. Unfortunately, the two consecutive daily gains did not offset the three losses to start the week, including the sharp -2.77% drop on Tuesday. The index, which tracks the stock performances of 30 major government contractors, lost -2.42%...

Jonathan Peppard, an industry veteran with 27 years of experience in capture management, program management and business development, has been appointed vice president of strategic capture at Akima. The information technology company said Thursday Peppard will oversee its expansion by leading efforts to capture new opportunities within the federal ...

Eight companies were awarded positions on a potential $210 million contract for services in support of the Defense Health Agency’s medical facility projects. According to award notices published on SAM.gov, the U.S. Army Corps of Engineers awarded the Medical Facilities Support Services IIIb contract to the following companies: Tidewater, INC. PKS...

Julia Laurenzano MacDonough, a seasoned military and civil space professional, has been appointed vice president and general manager for Air Force and missile defense strategic systems at Draper. The Cambridge, Massachusetts-based company said Wednesday MacDonough will manage Draper’s research, development and production programs for the...

Federal technology services contractor Harmonia Holdings Group has acquired Maveris for an undisclosed sum to strengthen its cybersecurity capabilities and expand relationships with other government customers, including the Department of Veterans Affairs. Harmonia said Wednesday it will operate Maveris as a wholly owned subsidiary. Brian Heder and C...

RTX reported $21.6 billion in fiscal 2024 fourth-quarter sales, up 9 percent from the prior-year period, and recorded $218 billion in total backlog with the defense segment accounting for $93 billion of that backlog.  For the full year 2024, the Arlington, Virginia-based aerospace and defense contractor said Tuesday it saw its adjusted sales ri...

HII has received a five-year, $296 million task order from the U.S. Air Force Installation Contracting Center’s 764 Enterprise Sourcing Squadron to provide air and space operation support services to the U.S. Air Forces in Europe-Air Forces in Africa, or USAFE-AFAFRICA. Technical and Analytical Support for USAFE-AFAFRICA The McLean, Virginia-...

While the Potomac Officers Club’s upcoming 2025 5G Summit is set to feature a host of representatives from the Department of Defense, the event is not just a networking destination for defense contractors. One key speaker especially will bring extensive insights from his experience working to spread a spirit of innovation in the federal civil...

Assured Information Security has won a potential 10-year, $300 million contract to provide software, hardware and reports for virtualization and remote access. The Department of Defense said Friday the Air Force Research Laboratory launched a competitive acquisition process and received three bids for the Engineering for Virtualized Enterprise and R...