The governments of U.S. and Germany have agreed on the procurement of 35 F-35 Lightning II aircraft, manufactured by Lockheed Martin (NYSE: LMT), in a deal aimed at strengthening the latter’s operational interoperability with allied nation partners. The transaction covers the provision of engines, spare and replacement parts, mission equ...
The Defense Intelligence Agency awarded a potential eight-year contract in mid-November to support the modernization of the wide area network for the Joint Worldwide Intelligence Communications System, Federal News Network reported Wednesday. JWICS is an internal network that enables federal agencies to transmit top-secret information and communicat...
Brad Scyrkels has served as vice president and general manager of the federal group at Coral Gables, Florida-based data center services provider Cyxtera since February. In a recent Executive Spotlight interview, Scyrkels offered an overview of the company’s deep roots in the government sector, primary use cases of colocation infrastructure for...
Software company C3 AI (NYSE: AI) will advance the deployment of enterprise artificial intelligence applications across the Missile Defense Agency under the first three orders awarded through a potential five-year, $500 million production-other transaction agreement. C3 AI said Tuesday the first order calls for the delivery of an enterprise AI capab...
Coming out of his undergraduate work in chemical engineering at the University of Tennessee, Kent Wilcher considered three industries: oil and gas, pharmaceuticals and defense. After some brief deliberation, his answer was fairly easy. He decided to serve the defense industry because of his belief in its mission—he wanted something highly technica...
A General Dynamics (NYSE: GD) subsidiary has booked a one-year, $50.1 million contract modification from the U.S. Navy to carry out post-delivery work on a Virginia-class fast-attack submarine that entered service in June. General Dynamics Electric Boat will provide support services to USS Montana (SSN 794) under the cost-plus-fixed-fee award, the D...
Joel Krooswyk, federal chief technology officer at GitLab (Nasdaq: GTLB), said “open source developers take pride in their code” and their commitment to security reflects through their collaborative efforts to quickly address vulnerabilities. “Neither corporate nor individual contributors want their names on code that has vulnerabilities. Ther...
HII (NYSE: HII) has named Leo Denault, former CEO and current executive chair of energy company Entergy Corp., to the military shipbuilder’s board of directors. The four-decade industry veteran is known for leading Entergy’s transformation efforts to become one of the country’s clean power generation fleet operators, HII said Frida...
After the government contracting industry experienced a surge in mergers and acquisitions a few years ago, the market has cooled in recent times. This is partly due to cautionary business behaviors in response to accelerated inflation. According to Howard Seeger, founder, managing partner and CEO of advisory firm Deep Water Point, in today’s lan...
For three decades, Federal Resources became one of the leading government contractors supplying secure technical and safety solutions. Read on about the company’s massive contracts and joint ventures with the government. 1. DLA Special Operations Equipment Tailored Logistics Support $33,000,000,000 https://www.defense.gov/News/Contracts/Contra...
