By Dante Ricci, Global Marketing Team Lead for Services, Financial Services and Public Services Industries at SAP While the idea of boosting government efficiency is enjoying a moment in the political spotlight, it’s not inherently political. Who doesn’t want the U.S. government — or any other organization, be it a business or a nonprofit â€...
Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services companies. The monthly update released by the firm’s aerospace, defense and government services team shows the enterprise and equity values, share performances and operating metrics of several U.S...
Executive Mosaic’s GovCon Index ended slightly higher on Friday at $4,830.86 (+0.05%), although it still lost -0.73% for the week. The index, which tracks the stock performances of 30 major government contractors, is off to a rough start in 2025 and is down -0.14% year-to-date. Wall Street reopened after the Day of Mourning, but the...
Modern Technology Solutions Inc. has received a potential five-year, $99.9 million contract from the U.S. Space Force to perform prototyping work and deliver processes for space command and control. The Department of Defense said Friday Space Systems Command awarded the sole-source, cost-plus-fixed-fee contract as part of the third phase of the Smal...
The U.S. Navy has awarded Raytheon a $333.3 million contract to produce Standard Missile-6, including spares and round design agents. The cost-plus-fixed-fee contract includes options that, if exercised, would bring the cumulative value of the effort to $908.1 million, the Department of Defense said. Navy Contract Scope The SM-6 missiles and e...
Much commotion was made online and in the media over the holiday season regarding reported sightings of unmanned aircraft in the U.S. airspace. In particular, a number of testimonies came from citizens in New Jersey spotting drones in the skies near Picatinny Arsenal and Naval Weapons Station Earle. In news conferences, the Department of Defens...
The Department of Defense’s fiscal year 2025 budget request offers significant insights for government contractors seeking to align with the department’s priorities. With $143.2 billion allocated to research, development, test and evaluation, this budget emphasizes innovation, modernization and technological advancements aimed at strengtheni...
The U.S. Army has awarded Airbus U.S. Space & Defense a $315 million contract modification to provide logistics and engineering services in support of its fleet of UH-72 Lakota twin-engine helicopters. The Department of Defense said Tuesday that work on the contract will be performed in Grand Prairie, Texas, until Dec. 31, 2025. The Army...
ManTech has appointed industry veteran Joseph Zuliani as vice president of the newly established mission readiness and enablement practice. The company said Wednesday Zuliani will help accelerate client missions through the use of advanced technologies and analytical methods combined with the support of experts in artificial intelligence, digital tr...
NASA has awarded Columbus Technologies and Services a potential five-year, $1.1 billion follow-on contract to provide electrical and electronic engineering support for the agency’s Goddard Space Flight Center in Greenbelt, Maryland. The agency said Wednesday the fourth iteration of the Electrical Systems Engineering Services contract, or ESES ...
