General Dynamics Mission Systems has secured a potential $807.6 million contract from the U.S. Navy to provide support for the MK 54 Lightweight Torpedo Program. GDMS Contract Details The Department of Defense said Monday the fixed-price-incentive, firm-fixed-price, cost-plus-fixed-fee and cost-only contract with a base value of $139.2 million ...
IT consulting firm Trace3 has acquired Zivaro for an undisclosed sum as part of a push to expand its government, public sector and critical infrastructure capabilities. Trace3 said Thursday the transaction will create a new business vertical called Trace3 Government and that it expects full integration to occur in the second quarter of 2025. The...
2024 has seen a number of significant mergers and acquisitions in the government contracting sector. With organizations seeking to expand their portfolios, increase competitive advantage and break into new markets, M&A activity has transformed the industry. From aerospace and defense to cybersecurity and technology innovation, these deals are re...
Northrop Grumman has won a U.S. Navy contract worth approximately $3.5 billion to provide mission-systems integration support for E-130J, the service branch’s new nuclear command, control and communications aircraft. The Navy said Wednesday E-130J will replace the E-6B Mercury aircraft in performing the take charge and move out, or TACAMO, mission...
Kevin Amiri was named vice president of operations at Equus Compute Solutions, the Bloomington, Minnesota-based systems technology provider shared on LinkedIn Wednesday. The seasoned executive brings to his new role substantial experience in business operations, engineering and new product management, manufacturing, supply chain and qualit...
Don Borchert has been elevated to the role of vice president of military and veteran health at Tria Federal, the executive announced on LinkedIn Wednesday. The new Tria VP will leverage his extensive experience in the healthcare industry in his new post. This includes a thorough understanding of hospital and physician revenue cycle operati...
Amentum posted $8.4 billion in generally accepted accounting principles, or GAAP, revenues for fiscal year 2024 and reported $13.9 billion in FY 2024 pro forma revenues, reflecting a 4 percent year-over-year increase associated with new contract awards and growth on existing programs. In an earnings release published Monday, the Chantilly, Virginia-...
Science Applications International Corp. has won a position on the potential five-year, $1.8 billion Personnel and Readiness Infrastructure Support Management, or PRISM, contract vehicle to provide critical support services for the Department of Defense. SAIC said Monday the company will help DOD improve readiness through the contract by providing d...
By Kevin Plexico, Senior Vice President of Information Solutions at Deltek The 2025 federal fiscal year is well underway, and with the new year comes a new slate of federal government contracting opportunities for businesses to target as they look to develop their public sector pipeline. Deltek recently released the top contract vehicles in four...
As 5G technologies continue to be unleashed at increased levels worldwide, the federal government has begun to work closely with industry partners to develop priorities, face challenges and better integrate 5G and FutureG tech across the enterprise. At the Potomac Officers Club’s 2025 5G Summit on Feb. 27, federal and industry leaders will discu...
