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A U.S. Air Force squadron has awarded Leidos (NYSE: LDOS) a task order to perform research and development efforts focused on minerals and materials with potential munition application. The 774th Enterprise Sourcing Squadron task order is valued at $276 million and aims to enhance the Defense Technical Information Center’s knowledge repository...

By Kim Koster, Vice President of Industry Marketing at Unanet Government contractors are under more pressure than ever to make wise and strategic choices about which contracts to pursue, how to price their services effectively and how to better manage their indirect costs.  They also need to be able to predict their best chances of winni...

Verizon (NYSE: VZ) has secured a $176 million contract to provide the Department of Homeland Security with government emergency telecommunications service and wireless priority service. Verizon Business will perform communications support work over the 10-year period of the contract from the Emergency Communications Division of the Cybersecurity and...

Joseph Bartasius, a retired U.S. Army colonel and now a senior executive in the defense industry, has joined Data Systems Analysts as chief growth officer, according to his LinkedIn announcement on Sunday. Prior to assuming his current role at DSA, Bartasius served as senior principal for Army sector at General Dynamics (NYSE: GD). He was...

Parsons (NYSE: PSN) subsidiary Sealing Technologies has appointed industry executives Brandon Whalen and Hugh Clapp as CEO and chief operating officer, respectively. Whalen most recently served as SealingTech’s mission director of security enhanced information sharing and Clapp was mission director of defensive cyber operations at the Parsons subs...

Executive Mosaic’s GovCon Index extended its winning streak to four weeks despite significant drops to start August. On Friday, the index declined 0.89% to $5,218.19 but still gained 0.70% for the week following Wednesday’s hefty 1.35% gain.  Moreover, GCI outperformed Wall Street’s top three indexes for the week. The blue-chip Do...

A Bechtel business has secured a U.S. Navy contract modification valued at $447 million for naval nuclear propulsion components. The Department of Defense said Thursday that under the cost-plus-fixed-fee award, Bechtel Plant Machinery Inc. will continue providing the Navy with the engine requirements. Work at BPMI’s Monroeville, Pennsylvania s...

HII (NYSE: HII) released its second quarter 2024 results that showed growth across all core business segments. The shipbuilder said Thursday its consolidated revenue rose 6.8% year-over-year to a record $2.97 billion, while net income climbed 33.1% to $173 million compared to Q2 2023. Chris Kastner, president and CEO of HII, shared, “Mission T...