OceanSound Partners, a New York-based private equity firm that invests in technology companies serving government agencies, has made a strategic investment in architecture, engineering and construction firm Gannett Fleming. Established in 1915, Gannett Fleming has over 2,800 employees focused on supporting government and commercial customers in the ...
Lockheed Martin (NYSE: LMT) has secured a potential seven-year, $853 million contract to help the U.S. Navy field and sustain the Aegis weapon system. The company’s rotary and mission systems business will provide engineering, software development, in-service maintenance, logistics, fielding and integration support for Aegis configurations del...
Federal IT services provider MartinFed has purchased service-disabled, veteran-owned small business Xcel Engineering. David Mathis, president and CEO of MartinFed, said in a statement released Thursday the company made the acquisition to broaden IT and engineering service offerings to the federal, state and local government sectors. “Xcel will mai...
Mark Kavanaugh, former vice president of the defense systems engineering group at KBR’s (NYSE: KBR) Government Solutions business, has been promoted to senior VP, according to his LinkedIn post published Wednesday. The SVP will lead a group of 3,500 specialists in efforts to deliver scientific, engineering and technical services to the D...
The U.S. Coast Guard is soliciting feedback on a draft statement of work as the military branch looks to conduct a recompete of business and logistics management services to its Command, Control, Communication, Computer, Cyber and Intelligence Service Center. USCG said Tuesday in a SAM notice that the follow-on procurement effort will have a five-ye...
Brian Taylor, formerly a senior director at Modern Technology Solutions Inc., has been promoted to vice president of strategic development at the Alexandria, Virginia-based engineering and technology services contractor, according to a LinkedIn post published Monday. Taylor has held various roles of increasing responsibility during his 13-year caree...
The State Department has approved Taiwan’s request to buy Volcano anti-tank munition-laying systems mounted on M977A4 heavy expanded mobility tactical trucks, related equipment and services through a potential $180 million foreign military sales agreement with the U.S. government. Northrop Grumman (NYSE: NOC) and Oshkosh (NYSE: OSK) will serve as ...
Gilbane‘s federal business has won a $118.4 million contract to build the structural foundation of a new U.S. Air Force radar station to be installed in the Republic of Palau. Under the firm-fixed-price contract, Gilbane Federal will establish reinforced concrete pads and other foundational elements needed to set up the Tactical Mobile Over-th...
In 2022, the GovCon landscape saw announcements and completions of merger-and-acquisition deals at privately held, publicly traded and private equity backed companies that sought to expand what they could offer to their federal customers. Continuing reading below for Executive Mosaic editorial team’s rundown of transactions and insights from i...
The year 2022 in government contracting featured new multibillion-dollar contract awards, major recompetes and some protests over agency procurement decisions. Before we shift into 2023, our editorial team is thrilled to share the most significant federal contracts of the past 12 months from Executive Mosaic’s media portfolio. Continue reading...
