Six large and small businesses have secured positions on a pair of contracts worth $977.4 million combined, to help the U.S. Navy maintain non-nuclear surface combatant and amphibious vessels that are visiting or stationed in the Norfolk, Virginia, port. Naval Sea Systems Command is procuring modernization, repair and maintenance services for six sh...
A report by blockchain analytics company Chainalysis says the total cryptocurrency value received by illicit addresses reached $14 billion in 2021, up 79 percent from $7.8 billion the previous year. Transactions involving illicit addresses accounted for 0.15 percent of all crypto transaction volume in 2021 compared with 0.62 percent in 2020, accor...
Falconwood has secured a potential five-year, $240 million task order to help the U.S. Navy’s Program Executive Office for Digital and Enterprise Services develop information technology systems. The company said Thursday it will assist PEO Digital in the development and sustainment of IT applications across various areas such as digital transf...
Miguel Ferreira, head of data science at CVEDIA, said government agencies seeking to get the most of artificial intelligence, machine learning algorithms and computer vision platforms should understand the value of synthetic data, which could help reduce reliance on real-world data. Ferreira wrote that synthetic data can reduce the “time and c...
Rear Adm. Bruce Gillingham, surgeon general of the U.S. Navy, will keynote an upcoming Potomac Officers Club event to set the stage for a discussion of the country’s pandemic response and resilience initiatives. Gillingham was confirmed to the post in October 2019 and is dual-hatted as chief of the Navy Bureau of Medicine and Surgery....
Fairbanks Morse Defense has purchased Federal Equipment Company, a supplier of specialized military replacement parts for naval equipment, in a move to expand FMD’s portfolio of products designed to support the U.S. Navy’s nuclear reactor-powered ships. FMD said Wednesday the deal includes FEC’s businesses that design and manufacture specializ...
Concept Plus has acquired US Information Technologies in an effort to expand its information technology offerings for the defense and federal civilian markets with complementary capabilities from the Chantilly, Virginia-based IT consultancy. The Fairfax-headquartered small business and its new subsidiary will provide agile development, application t...
Kevin Plexico, senior vice president for information solutions at Deltek and a 2021 Wash100 Award recipient, published his latest article as a part of Executive Mosaic’s GovCon Expert program on Wednesday. Previously, GovCon Expert Kevin Plexico discussed the major improvements that government contractors and their respective organizations have ma...
TYSONS CORNER, VA, Jan. 05, 2022 — Kevin Phillips, chairman, CEO and president of ManTech International (Nasdaq: MANT) and a previous Wash100 Award recipient, said the company looks to increase its data analytics capabilities through its recent acquisition of Technical and Management Assistance Corp., ExecutiveBiz reported Monday. TMAC is a Columb...
Trexon, a specialty connectivity equipment supplier backed by Audax Private Equity, has acquired tactical communications technology provider Power Connector Inc. for an undisclosed sum. Ohio-based Trexon said Tuesday the deal expands the company’s engineered products group with the addition of PCI’s interconnect systems designed for mili...
