Gary Wang has led a storied and accomplished government contracting career. He began his IT journey at the start of the new millennium and logged nearly a decade at Lockheed Martin’s Information Systems & Global Solutions business unit. At Lockheed, he began as chief engineer, evolved into senior program manager and eventually became direc...
The U.S. Navy has tapped Charles Stark Draper Laboratory to provide specialized engineering on the inertial navigation measurement and analysis requirements of its Conventional Prompt Strike, or CPS, hypersonic missile program under a cost-plus-fixed-fee contract valued at about $308.3 million. The contract’s other tasks include support ...
John Gelsinger, a seasoned executive with 25 years of IT and consulting experience, announced on LinkedIn Monday that he has been appointed vice president of business development for digital solutions at CACI International. The business development professional brings extensive experience in driving growth, building strategic partnerships,...
The U.S. Army has awarded 10 companies positions on a potential 10-year, $921.1 million contract to help prolong the service life of the military branch’s tactical engagement simulation systems. The Department of Defense said Thursday Army Contracting Command launched an internet solicitation and received 10 offers for the hybrid contract. The...
Sikorsky Aircraft, a Lockheed Martin subsidiary, has received a $100 million modification to a previously awarded indefinite-delivery/indefinite-quantity contract from the U.S. Navy for sustainment services for the H-53 heavy-lift transport helicopter. H-53 Helicopter Support Contract Details The Department of Defense said Tuesday the modi...
Sikorsky Aircraft, a Lockheed Martin subsidiary, has booked a $184.2 million contract from the U.S. Army for the procurement of Upturned Exhaust System II Kits. Upturned Exhaust System II Kits Contract Provisions The Department of Defense said Friday the firm-fixed-price contract is expected to be completed by March 1, 2030 and will be han...
Executive Mosaic’s GovCon Index fell -1.89% on Friday to settle at $4,495.05, a new low. The index, which tracks the stock performances of 30 major government contractors, lost -1.77% for the week and posted its fifth consecutive weekly loss. The decline in the Index of Consumer Sentiment due to higher inflation expectations was the headwind...
Leidos has named Jason Albanese its new chief growth officer and corporate executive vice president. He will replace Gerry Fasano, who will retire on April 4. The company said Wednesday Albanese, who will officially assume the roles on March 3, will be key to implementing the new NorthStar 2030 strategy. Leidos CEO Tom Bell, a two-time...
The U.S. Air Force has announced its intent to add another $10 billion to the ceiling value of a potential five-year, $15 billion contract for the development and integration of the Lockheed Martin-built C-130J military transport aircraft. In a Jan. 31 notice published on SAM.gov, the Air Force Life Cycle Management Center’s Mobility Directorate s...
The State Department has approved Israel’s two foreign military sales, or FMS, requests worth about $7.41 billion combined for AGM-114 Hellfire missiles, munitions, guidance kits and related equipment and support services. The Defense Security Cooperation Agency said Friday it has already informed Congress of the proposed FMS deals. Munitions,...
