The State Department has approved a potential $353 million foreign military sale to Singapore covering construction services and related support for facilities at Ebbing Air National Guard Base. What Are the Details of Singapore’s $353M FMS Request? Singapore has requested construction, logistics and program support services as an additio...
Systems Planning & Analysis has acquired Group W, a Vienna, Virginia–based data science and defense analytics firm specializing in modeling, simulation and wargaming support for the Department of Defense. What Does the Acquisition Involve? The acquisition brings together two providers of defense analytical tools and expertise that support U.S....
The big day for the Defense Department’s Cybersecurity Maturity Model Certification 2.0 effort is almost here. Specifically, that’s Nov. 10, when contracting officers can start inserting stringent cybersecurity requirements into DOD contracts. The phased rollout takes place with four parts over three years. In the first year, DOD contrac...
An undisclosed buyer has signed a definitive agreement to acquire Varec, a wholly owned subsidiary of Leidos, for an undisclosed sum. Leidos said Thursday the transaction is expected to be finalized in the fourth quarter of 2025, subject to customary closing conditions. The move supports Leidos’ ongoing portfolio optimization efforts und...
American Rheinmetall has named Mike Milner as CEO of its munitions business and Chris Haag as vice president for business development and strategy. The appointments aim to strengthen the company’s presence in North America, the defense firm said Thursday in a LinkedIn post. Who Is Mike Milner? Milner brings more than 35 years of defense...
BWX Technologies has received a $174 million contract from the U.S. Navy to manufacture nuclear reactor fuel in support of the Naval Nuclear Propulsion Program. BWXT said Thursday the Navy contract was awarded on Sept. 10. What Is the Scope of the Naval Nuclear Fuel Contract? Under the agreement, BWXT’s Erwin, Tennessee-based subsidiary Nuclea...
Arlington Capital Partners has closed its seventh private equity fund, Arlington Capital Partners VII, with $6 billion in capital commitments, surpassing its $4.75 billion target and reaching its hard cap in less than five months. The oversubscribed fund marks a 57 percent increase from the firm’s previous fund in 2023 and more than 250 percen...
The General Services Administration has selected McGough Construction to deliver design and construction services for the Grand Portage Land Port of Entry Project Design Build Services contract, advancing critical infrastructure enhancements at Minnesota’s second-largest port. What Is the Scope of the Grand Portage LPOE Design-Build Contract? ...
Boeing’s defense, space and security, or BDS, business reported $6.9 billion in fiscal 2025 third-quarter revenue, up 25 percent from the prior-year period, and an operating margin of 1.7 percent. In its earnings report published Wednesday, Boeing said the BDS segment ended the third quarter with a backlog of $76 billion, with 20 percent of...
Leonardo DRS has announced a leadership transition that will see longtime executive John Baylouny become president and CEO, succeeding William Lynn, who will retire after 14 years leading the company. The leadership changes also include the election of Frances Fragos Townsend as chair of the board, Leonardo DRS said, noting that the developmen...
