Gil Herrera is a versatile engineer with expertise in quantum physics, cyber systems, microelectronics and much more. He was a vital part of the team at Sandia National Laboratories, an organization devoted to nuclear science, for almost four decades. Three years ago, he came to the National Security Agency, a Department of Defense component in...
Rheinmetall AG has completed its acquisition of American vehicle manufacturer Loc Performance Products for $950 million. The Dusseldorf, Germany-headquartered defense contractor said Monday the transaction would expand its presence in the United States, the world’s largest defense market, and strengthen its capability to deliver high-volume milita...
With a new presidential administration on the horizon, government healthcare initiatives could be taken in any number of directions. However, through periods of change, trust that the industrial base serving the government’s needs is the common denominator you can count on. As the healthcare sector evolves, contractors play a central role in drivi...
The U.S. Army has named the 12 companies that would compete for orders under the service branch’s $344.1 million live training, ranges and combat training centers support multiple award contract. The Department of Defense said Wednesday the indefinite-delivery/indefinite-quantity contract has an estimated completion date of Nov. 26, 2032. ...
Kenneth Traub, a 30-year industry veteran, has been unanimously elected executive chairman of the board of directors of Comtech Telecommunications. The global technology company said Traub, who also serves as senior executive of Comtech, will bring extensive experience in driving strategic, financial, operational and governance improvement...
Executive Mosaic’s GovCon Index ended positive after the Thanksgiving break, rising 0.5% to $5,203.60. While it was a modest 0.18% week-on-week loss from Nov. 25-29, it was the third-straight monthly loss for the index tracking the stock performances of 30 major government contractors. Its last winning month was August. Wall Street added month-end...
Intel has received up to $7.86 billion in CHIPS and Science Act direct funding from the Department of Commerce to support its semiconductor manufacturing and advanced packaging projects in Arizona, New Mexico, Ohio and Oregon. The technology company said Tuesday it will also claim a 25 percent investment tax credit from the Department of the...
Tria Federal has appointed IT executive Michael Anderson as executive vice president of public safety. Anderson brings to the role over 23 years of experience managing digital transformation programs and mission-critical operations for the government, private sector and nonprofit organizations, the company said Tuesday. Advancing Digital Transformat...
Brad Williams, a business executive with 30 years of experience, has been named senior vice president of cyber at CACI International, the executive announced his appointment on LinkedIn Monday. Williams brings extensive experience as a business professional and change agent to his new role. In his three decades in the industry, he was resp...
Private equity firm Sagewind Capital has invested in Aechelon Technology, which provides image generation software and real-time computer graphics systems for training, simulation and visualization for defense and commercial applications. Sagewind said Monday this marks its eighth platform investment in the government technology sector. Aechelon CEO...
