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The U.S. Navy has awarded positions to Chemring Countermeasures and Armtec Countermeasures on a $225 million multiple-award contract to manufacture MJU-61A/B, a type of aircraft flare designed to deflect infrared missile threats. The firm-fixed-price, indefinite-delivery/indefinite-quantity contract has a five-year ordering period that will run thro...

David Duncan, former technical director of Redpoint Cybersecurity, has transitioned to a new role as vice president of cyber operations at the information security company. He will oversee Redpoint’s breach response group and the Redpoint Labs team that houses both the DevOps and threat mitigation teams specializing in penetration testing, active ...

President Joe Biden has signed into law the Inflation Reduction Act in a move to reduce the U.S. deficit by $300 billion over the next 10 years. Biden said during a speech Tuesday the law sets a minimum 15 percent corporate tax rate and includes a $369 billion investment to fight the climate crisis and...

ManTech International (Nasdaq: MANT) has secured a five-year, $184 million contract to help the U.S. Navy engineer ship combat management systems. The company said Wednesday it will perform technical engineering work to support the Naval Sea Systems Command in managing the life cycle of integrated warfare systems for the branch’s surface vesse...

John Adamo, director of energy business development and capture at Redhorse over the past year, has been elevated to the position of vice president for energy and environment. The U.S. Marine Corps Reserve major is responsible for helping expand the company’s offerings and growth channels in the federal sector, Redhorse said Monday. John Zanga...

Ken Peterman, a four-decade defense industry veteran, succeeded Fred Kornberg as chairman of the board of directors at Melville, New York-based Comtech Telecommunications Corp. (Nasdaq: CMTL). Peterman was appointed to the chairman post after serving as an independent director for the past two months, the communications equipment provider said Monda...

The Department of Defense received a five percent, $39 billion increase in its funding for 2022. However, President Biden signed the deal in late March of this year, and first quarter financial results within the government contracting ecosystem are now revealing the full impact of this delay. In the third and final installment of his video...