V2X presented its third quarter 2024 results that showed strong program performance and business momentum. Jeremy Wensinger, president and CEO of V2X, said in a press release Monday, “V2X reported strong third-quarter results with record revenue, net income, and adjusted EBITDA, driven by our continued alignment to well-funded critical missions an...
Wunderman Thompson, an advertising agency that recently merged with VMLY&R to form VML, has secured a hybrid contract potentially valued at $1.91 billion from the U.S. Navy to provide supplies and services to boost the recruiting efforts of the Marine Corps. The Department of Defense said Friday the firm-fixed-price and cost, indefinit...
Executive Mosaic’s GovCon Index posted a second straight weekly loss despite recovering from Thursday’s steep 2.26% decline. The index, which tracks the stock performances of 30 major contractors, closed slightly higher at $5,375.43 (+0.37%) on Friday but lost 2.12% overall for the week. Its year-to-date gain is +15.14% from +20.34% two ...
HII’s Mission Technologies division has received a potential $3 billion task order from the Department of Defense to provide logistics and intelligence, surveillance and reconnaissance, or ISR, support to help improve joint force capabilities. LOGIX Task Order The McLean, Virginia-based company said Thursday the Logistics Services, ISR Operations ...
The artificial intelligence revolution has touched nearly every corner of the vast federal landscape in the last few years, even at agencies like the U.S. Customs and Border Protection. AI-powered models and predictive analytics are not new for CBP, but now, the agency is taking a step into new territory by integrating generative AI into...
The General Services Administration has awarded a $568.7 million contract to Viasat to support the continued migration of the command, control, communications, computers, combat systems, intelligence, surveillance and reconnaissance capabilities from special forces to general purpose forces. According to an award notice posted on SAM.gov, the ...
CACI International, an IT and services company, has booked a potential $226 million task order for a range of support services to enhance the capabilities of the U.S. Southern Command Operations. The company said Thursday it will leverage its know-how of systems, processes and partnerships to boost USSOUTHCOM’s capabilities under the five...
The U.S. Army has begun conducting market research to identify potential industry sources that could meet the full rate production requirement for the M142 High Mobility Artillery Rocket System, or HIMARS, launcher. According to a request for information published Thursday, Army Contracting Command-Redstone Arsenal in Alabama will accept responses t...
Riverbed, an IT services provider, has appointed Kris Luhrsen, a senior executive with extensive sales leadership and management experience in the technology industry, as chief revenue officer. In a statement published Wednesday, Riverbed CEO David Donatelli welcomed Luhrsen to the company’s leadership team. “Kris’ deep under...
West Valley Cleanup Alliance, a recently established limited liability company, has secured a potential $3 billion indefinite-delivery/indefinite-quantity contract from the Department of Energy’s Office of Environmental Management to perform cleanup operations at the West Valley Demonstration Project site in western New York. The EM said Thur...
