Forty companies have won spots on a potential 10-year, $982.1M contract to provide support services for the U.S. Navy’s unmanned surface vehicle family of systems at various locations within the contiguous U.S....
A new PwC report says the value of mergers and acquisitions in the aerospace and defense sector worldwide reached $93.8B in 2019, reflecting a 62 percent increase from the previous year....
Warren Romine, managing director at KippsDeSanto & Co., has said more middle-market defense contractors are considering divestitures as they assess their capacity to keep up with market trends, the Washington Business Journal reported Monday. Romine told the publication in an interview he expects increased U.S. defense budget and low interes...
Executive Mosaic, the leading executive media and events company in the government contracting “GovCon” industry, announced the 2020 winners of the highly coveted and prestigious Wash100 Award. The full list of winners and more information about the award can be found on Wash100.com. ...
VMware (NYSE: VMW) has completed its purchase of San Francisco-based Pivotal Software for approximately $2.7B in a push to provide clients with integrated platforms needed to speed up software delivery across cloud, edge and data center environments....
On Tuesday, Potomac Officers Club (POC) hosted its Unmanned Systems in the Future Fight Forum featuring Maj. Gen. Peter Gersten, special assistant to the Deputy Chief of Staff for Plans and Programs (AF/A5/8) for the U.S. Air Force, as the keynote speaker. In addition, an expert panel featuring Jim Thomson of the Army Futures Command...
Pete Pflugrath, former vice president of corporate business development for LMI’s defense segment, has been appointed VP of the organization’s logistics division....
Sanjay Parthasarathy, a more than 25-year business development professional, has joined Leidos’ (NYSE: LDOS) defense group as vice president of business development and strategy for logistics and mission support operation....
A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector was $11.1B in the third quarter of 2019 and the total deal value for year-to-date 2019 was $80.3B, increasing by 2.8x when compared with YTD 2018....
Four companies have won separate contracts from the Missile Defense Agency to come up with payload design prototypes for the Hypersonic and Ballistic Tracking Space Sensor Program. The Department of Defense said Tuesday Northrop Grumman (NYSE: NOC), Leidos (NYSE: LDOS), L3Harris Technologies (NYSE: LHX) and Raytheon (NYSE: RTN) each receive...
