Executive Mosaic’s GovCon Index marked its first winning week in 2025 after seven losing weeks since the last week of November 2024. Also, the index, which tracks the stock performances of 30 major government contractors, rose +0.32% on Friday to $5,021.18 for its seventh consecutive daily gain. Wall Street’s major stock benchmarks rallied and f...
AE Industrial Partners-backed Redwire has agreed to acquire Edge Autonomy in a cash-and-stock transaction valued at approximately $925 million as part of a push to establish a multidomain space and defense technology company. The space infrastructure company said Monday it expects the acquisition to close in the second quarter of 2025, subject to Re...
The National Institutes of Health has awarded the Alliance for Advancing Biomedical Research a potential 25-year, $89 billion recompete contract to manage and operate a federally funded research and development center, or FFRDC, of the National Cancer Institute. NIH published a notice on SAM.gov on Friday announcing the award of the follow-on FFRDC ...
The Department of Defense continues to pursue technological innovation to maintain a competitive edge in an evolving landscape. Integrating edge computing, artificial intelligence and advanced 5G networks into tactical operations represents a strategic move toward enhancing operational capabilities. These advancements aim to enable real-time decisi...
The Air Force Research Laboratory has issued a request for proposal for the procurement of research, engineering and technical management services for the Space Systems and Hardware Integration for Novel Experiments, or SSHINE, program. SSHINE Contract Details According to the notice published on SAM.gov Thursday, the potential contractor will ...
Ray Fitzgerald has been appointed senior vice president of strategy for the intelligence, surveillance reconnaissance, aviation and security, or IAS, business area at SNC. The global aerospace and national security company said Thursday Fitzgerald will lead the business development, strategic planning, capture management and technology dev...
Metron has appointed technology leader Robert Zarnich as the autonomy software provider’s first chief engineer and promoted Dominick Vincent, a U.S. Navy veteran, to vice president of advanced mathematics applications, or AMA, division. Metron said Thursday Zarnich will help accelerate the transition of high-priority technology innovations from th...
2024 was a banner year for the Department of Defense’s mission to erect and proliferate an interoperable information-sharing system throughout its services, in the many locations they operate and on the litany of tools they use. This undertaking, dubbed Combined Joint All-Domain Command and Control, reached what Deputy Secretary of Defense an...
Stoke Space has raised $260 million in a round of Series C financing, bringing the rocket company’s total funding to $480 million. The company said Wednesday it will use the capital to further develop its launch vehicle, Nova; complete construction work at a launch complex at Cape Canaveral Space Force Station in Florida; and support...
Global supply chains were thrown into the spotlight in 2020 when Covid sparked massive disruptions. Now, focus on supply chains has taken a new shape as the U.S. shifts its priorities to cybersecurity, global competition and more. GovCon Wire spoke with two Chertoff Group leaders — CEO and Co-Founder Chad Sweet and Michele Iversen,...
