Serco Group‘s U.S. subsidiary will acquire MT&S, Northrop Grumman‘s mission training and satellite ground network communications software business, for $327 million in cash. MT&S has almost a thousand workforce and supports U.S. military programs through advanced mission training services and software engineering, Serco said Thur...
Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior. The company said in its recent earnings release that it is expecting a modest increase in net sales in 2025. “2024 was...
Valkyrie Enterprises, an engineering, technology and operational services company, has appointed Michael Anderson, Neil Funtanilla and Nicholas Delgado to key executive positions. The Virginia Beach, Virginia-based company said the moves align with its efforts to drive strategic growth. All three executives will directly re...
While the Potomac Officers Club’s upcoming 2025 5G Summit is set to feature a host of representatives from the Department of Defense, the event is not just a networking destination for defense contractors. One key speaker especially will bring extensive insights from his experience working to spread a spirit of innovation in the federal civil...
The U.S. Navy has awarded Lockheed Martin a potential eight-year, $1 billion contract to support the development, integration, production and testing of AN/SQQ-89A(V)15 anti-submarine warfare combat systems. The Department of Defense said Monday Naval Sea Systems Command launched a competitive procurement process for the indefinite-delivery/indefini...
Assured Information Security has won a potential 10-year, $300 million contract to provide software, hardware and reports for virtualization and remote access. The Department of Defense said Friday the Air Force Research Laboratory launched a competitive acquisition process and received three bids for the Engineering for Virtualized Enterprise and R...
The U.S. Army Corps of Engineers has named seven contractors on a potential $249 million indefinite-delivery contract to provide the Department of Veterans Affairs with architect-engineer services. According to a SAM.gov posting, the awardees are AE Works, Apogee Consulting Group, Burdette, Koehler, Murphy and Associates, Guidon-SES Joint Venture, H...
The U.S. Navy has started seeking proposals for an indefinite-delivery/indefinite-quantity multiple award contract with a potential value of $1.9 billion for outsourcing work related to Chief of Naval Operations availabilities on fast attack submarines. Contract Specifications According to the request for proposal issued on SAM.gov Thursday, th...
The U.S. Army has issued a request for information to assess industry capabilities for developing and producing the next-generation Integrated Visual Augmented System, or IVAS. According to a notice published Wednesday on SAM.gov, Army Contracting Command-Aberdeen Proving Ground set a Feb. 26 deadline for responses to the RFI for IVAS Next. What Is ...
Modern Technology Solutions Inc. has received a potential $625 million task order from the Air National Guard for program management, research and development and technical support services. MTSI said Wednesday the ARCWERX Research, Test, Evaluation, Modernization and Innovation Support, or ARTEMIS, task order was awarded under the General Services ...
