Brian May, national lead for U.S. Air Force and Space Force markets at Michael Baker International over the past four years, has been promoted to president of the company’s federal programs and services. He will be the executive committee member responsible for expanding clients and customer relationships with federal defense and civilian agen...
DCS has won a potential eight-year, $2.09 billion contract to support a U.S. Army research and development laboratory that works on advanced technology for military ground systems. Army Contracting Command received three bids for the cost-plus-fixed-fee contract covering technical and engineering services to the Combat Capabilities Development Comma...
A Chugach Government Solutions subsidiary will help the U.S. Air Force manage equipment, personnel and operations at a military base in Texas under a seven-year, $113.9 million contract. Chugach Logistics and Facility Services JV will use enterprise asset and computerized maintenance management platforms to support Laughlin AF Base operations, the c...
SpaceX Founder and CEO Elon Musk said the company expects to spend approximately $2 billion on the Starship rocket program in 2023 and might not need to seek outside funding to support the initiative, The Wall Street Journal reported Saturday. “To the best of my knowledge, we do not need to raise incremental funding for...
U.S. space agencies are gearing up for a launch-filled summer as some of the country’s most highly-anticipated and promising programs make important progress. The rise in government launches in recent months mirrors the exponential growth of the commercial space industry and aligns with a speed-focused strategy set in motion by the Air Force’s a...
Lockheed Martin (NYSE: LMT) has booked a potential $4.79 billion contract to produce surface-to-surface munitions and associated equipment for the U.S. Army’s Guided Multiple Launch Rocket System. The service branch ordered two full-rate production lots of the GMLRS Unitary and Alternative Warhead rounds for itself and foreign military custome...
Lentech, a small disadvantaged business that offers information technology and space systems engineering support to government customers, has purchased the assets of fellow IT company Eclipse Engineering. Eclipse will become a division of Lentech and the combined organization will have software, cloud, cyber service offerings for federal civilian, d...
As the government strives to keep pace with the rapid rate of technological advancements in the international private sector, it’s becoming clear that digital modernization is an inarguable and necessary step for all agencies and activities. Demonstrated benefits include greater efficiency, standardization across variable users and inputs and dimi...
General Dynamics (NYSE: GD) reported $9.9 billion in revenue during the first quarter of 2023, up 5.2 percent from the prior-year period, and ended the quarter with a total backlog of $89.8 billion, of which $77.1 billion was funded. The Reston, Virginia-based defense contractor said Wednesday the companywide backlog represented a 3 percent increase...
Gerry Dorros, a government services sector veteran with more than two decades of investment and operational experience, has been named managing director at private equity firm Sagewind Capital. He will lead the establishment of Sagewind’s Washington, D.C. office, the New York-based private equity firm said Tuesday. Dorros is a founding member ...
