Fourteen small businesses have secured spots on a 10-year indefinite-delivery/indefinite-quantity contract from the Department of Energy’s Office of Environmental Management to provide facility deactivation, decommissioning and removal services. The contractors will help decommission government facilities managed by EM, the National Nuclear Se...
HII (NYSE: HII) has posted $2.8 billion in revenues during the first quarter of 2024, a 4.9 percent increase from the prior-year period, and reported an operating income of $154 million, up 9.2 percent compared to the previous year. The company attributed its revenue increase to growth in its mission technologies and Ingalls Shipbuilding segments,...
Seven companies have secured spots on a potential 11-year, $820 million contract to provide commodities depot activation support services for the U.S. Air Force’s KC-46 aerial refueling and military transport aircraft fleet. The contractors will provide line replaceable units and commodities to establish organic depot repair capabilities of th...
The board of directors at Eutelsat America Corp. has appointed Kevin Steen, president and CEO of OneWeb Technologies, to lead the combined EAC and OneWeb Technologies entity. He will serve as president and CEO of both EAC and OneWeb Technologies and oversee the integration of the companies’ teams and businesses following the completion of thei...
By Warren Linscott, Senior Vice President & Chief Product Officer at Deltek Over my career, I’ve closely followed the growth paths of small businesses in the government contracting space. I’ve seen several behaviors and practices that contributed to successfully growing their business. The first may be a cliché but it holds true now more th...
The Department of Defense’s deadline for full zero trust implementation is 2027, and to accomplish this goal, the organization plans to infuse automation into the process of reviewing zero trust plans from its agencies. There are currently 39 zero trust plans in the works, and updates are due each October. According to Randy Resnick, director of...
The Potomac Officers Club, the most esteemed events organization in the government contracting industry, has an exciting calendar of events planned for May 2024. These engagements will cover a broad range of relevant GovCon topics, from 5G to joint warfighting and even major trends characterizing this continuously evolving landscape. POC events...
Executive Mosaic’s GovCon Index and Wall Street ended the week strong due to a broad market rally. The index, which tracks the stock performances of 30 major government contractors, edged 0.21% higher Friday to $4,871.91, suitable for a 1.94% week-on-week gain. The Nasdaq Composite advanced 2.02% for a weekly gain of 4.2%. Alphabet (Nasdaq: G...
The Department of Homeland Security has established the Artificial Intelligence Safety and Security Board responsible for providing advice about AI technology’s safe and secure development and deployment in U.S. critical infrastructure. The board consists of more than 20 technology and critical infrastructure executives, including Wash100 awar...
Hughes Network Systems has unveiled a new manufacturing center in Germantown, Maryland, to house the production of satellite modems and terminals and the testing of private 5G technologies. The EchoStar company said Friday the Hughes Manufacturing Facility is located in the Pinkney Innovation Complex for Science and Technology on the Montgomery Coll...
