The State Department has approved the government of Japan’s request to purchase KC-46A aerial refueling aircraft and related equipment for $4.1 billion. The Defense Security Cooperation Agency said Friday Boeing (NYSE: BA), RTX (NYSE: RTX), its Pratt & Whitney business and Northrop Grumman (NYSE: NOC) will serve as the principal contractor...
The State Department has approved the government of Romania’s $7.2 billion request to purchase F-35 aircraft, engines and related equipment. under the Foreign Military Sales program. The Defense Security Cooperation Agency said Friday the southeastern European country asked to buy 32 F-35A Lightning II Joint Strike Fighter Conventional Ta...
Investment banking firm Evercore (NYSE: EVR) has released its September report, which highlights the market performance of several U.S. defense and government services companies. The monthly update released by Evercore’s aerospace, defense and government services team shows the share performances, enterprise and equity values and operating met...
Mastercard (NYSE: MA) has agreed to buy threat intelligence company Recorded Future from private equity firm Insight Partners for $2.65 billion to broaden its identity, fraud prevention and cybersecurity services. The payment card services provider said Thursday it expects the transaction to conclude by the first quarter of 2025, subject to regulato...
Frederick Lodge has assumed the role of vice president of business operations at Peraton. The finance and business operations leader with over 20 years of experience confirmed his appointment in a LinkedIn post Thursday. In his new position, Lodge will oversee business operations for Peraton’s Citizen Security and Public Services Group.&...
The Department of Homeland Security’s Customs and Border Protection plans to launch a competition for the follow-on Integrated Traveler Initiatives contract to provide program management, engineering and operation and maintenance support services for CBP’s passenger systems program directorate. According to a notice published Thursday on the Acq...
Tip Underwood, a business executive with a career spanning 25 years, has been appointed vice president and general manager of homeland and diplomacy at Peraton, the executive announced on LinkedIn Wednesday. Underwood briefly served as VP of homeland security at the Herndon, Virginia-based information technology company before this latest ...
Executive Mosaic’s GovCon Index posted three losses out of four trading days during the week, resulting in a 4.08% week-on-week drop. It was the worst weekly loss since its launch in December 2023. The index tracking the stock performances of 30 major government contractors declined 1.71% Friday to close at $5,312.73. Wall Street suffered a...
Scott McIntyre, CEO of Guidehouse, received his 2024 Wash100 Award from Executive Mosaic CEO Jim Garrettson during a recent meeting. Garrettson founded the annual Wash100 Award to commemorate the notable executives transforming the government contracting field. The 100 awardees come from both private and public sectors of the GovCon landsc...
Iron Bow Technologies has secured a potential five-year, $862.8 million contract from the Department of Veterans Affairs for architecture and application development in support of its connected care technologies. According to a Federal Procurement Data System notice, the contract has a base value of $83.2 million and an estimated completion date of ...
