The State Department has cleared a potential foreign military sale to Japan of Rolling Airframe Missile Block 2B Tactical Missiles and related equipment with an estimated value of $360 million. The Defense Security Cooperation Agency said Friday Japan asked to purchase up to 212 units of RAM Block 2B RIM-116E tactical missiles. The possible dea...
Executive Mosaic’s GovCon Index rose 0.33% Friday to $5,617.83, its highest close on record. The index, which tracks the stock performances of 30 major government contractors, registered a 2.04% week-on-week gain. It also matched the six-week winning streaks of the Dow Jones Industrial Average and S&P 500 Index. The blue-chip Dow Jones (+1...
The team of Iridium Communications and General Dynamics Mission Systems has secured a $491.6 million contract modification from the Space Development Agency to provide ground management and integration support for SDA’s Proliferated Warfighter Space Architecture. Iridium said Tuesday its share of the contract modification is valued at $239 million...
The State Department has cleared a potential $1.2 billion foreign military sales request from the United Arab Emirates for Guided Multiple Launch Rocket Systems, Army Tactical Missile Systems, related equipment and support services. The Defense Security Cooperation Agency said Friday Lockheed Martin (NYSE: LMT) will serve as the prime contractor in ...
Astrion has appointed seasoned industry leaders to its new executive leadership team to drive innovation and advance growth initiatives. The company said Thursday the announcement of the new leadership team came a month after it closed its acquisition of mission engineering services provider Axient. Astrion CEO Dave Zolet said the company’s co...
The Department of Homeland Security intends to launch a competition for a follow-on contract to procure business and logistics support services for the U.S. Coast Guard. According to a notice published Tuesday on the Acquisition Planning Forecast System, DHS expects the blanket purchase agreement to amount over $100 million and anticipates the relea...
C Speed, a product development and engineering services company, was acquired by NewSpring and added to the private equity firm’s portfolio of businesses that provide government customers with mission support products and services. The firm said C Speed brings to the NewSpring Holdings Federal Platform three decades of experience in offering a...
Executive Mosaic has selected Steve Derr, vice president of Oracle‘s JWCC Program Management Office and cloud operations and engineering, as chairman of the Cloud Computing Group, part of its 4×24 program. The 4×24 Executive Leadership Program unites senior industry executives and top government officials through networking and din...
BigBear.ai (NYSE: BBAI) has named Carl Napoletano as chief operating officer, effective immediately. The artificial intelligence company said Friday Napoletano, as former vice president of special projects at BigBear.ai, played a major role in the strategic integration of key acquisitions, including the recent purchase of vision AI provider Pangiam....
Astrion has named Koren Odermann, an experienced product manager, as vice president of capture. Odermann announced her appointment in a LinkedIn post published Thursday. According to her LinkedIn profile, she first joined the U.S. government engineering services contractor in May as senior capture manager for corporate business development. Prior to...
