The U.S. Navy has awarded 15 companies positions on a potential five-year, $245.9 million contract to conduct research, develop, test and evaluate undersea weapons and undersea defensive technologies. The Naval Undersea Warfare Center Division in Newport, Rhode Island, launched an online procurement process and received 15 offers for the multiple-aw...
American Systems has chosen its Account Management Director Babak Nouri to replace John Steckel as vice president of corporate development. Nouri's new leadership responsibilities will include mergers and acquisitions, legislative affairs and other business development areas....
As space innovation accelerates, 2024 promises to be a year full of exciting rocket launches, satellite technology improvements and space exploration breakthroughs. Mark your calendars for these significant upcoming launches: If you’re interested in the increasingly vital space domain, you won’t want to miss exclusive insights at the Potomac Off...
The State Department has approved a potential $255 million foreign military sale of L3Harris Technologies-built (NYSE: LHX) communications equipment to the government of Poland. The Defense Security Cooperation Agency said Wednesday L3Harris will serve as the principal contractor on the transaction, which covers the provision of multiband, multichan...
Executive Mosaic, the industry-leading events, media and executive branding organization in the government contracting sector, is pleased to launch the first-ever GovCon stock market tracker, GovCon Index. GovCon Index is an aggregate index meticulously crafted and tracked in real-time using data from 30 leading publicly traded companies within the...
The State Department has approved Saudi Arabia’s potential $582 million foreign military sale request to procure hardware and software from the U.S. government to replenish and modernize its RE-3A tactical airborne surveillance system aircraft fleet. The proposed FMS deal covers seven Global Positioning System/Inertial Navigation System securi...
Ted Colbert, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, has been elected to serve as chair of the Aerospace Industries Association’s board of governors for 2024. Colbert, who also serves as an executive vice president at Boeing, succeeds Tom Gentile as chairman and will serve on the association’s exe...
LightRidge Solutions has expanded its leadership team with the appointment of technology leaders Skip Williams and Jim Congdon as chief technology officer and chief software officer, respectively. The portfolio company of private equity firm ATL Partners was established in March to design, develop and deliver small space and airborne sensors and pay...
Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary will deliver helmet-mounted night vision goggle systems to the U.S. Marine Corps under a five-year, $500 million indefinite-delivery/indefinite-quantity contract. The contract covers the provision of Squad Binocular Night Vision Goggles, spare parts, logistics support and test equipment to the serv...
Government contracting mergers and acquisitions deals are on the upswing after a year and a half of slow progress. That was one of the resounding themes of the 6th Annual Government and Defense Conference, hosted by Robert W. Baird & Co., at the Ritz-Carlton, Tysons Corner on Wednesday. Baird Managing Director and Wash100 Award winner&...
