U.S. Transportation Command is soliciting proposals for a potential 10-year, $1.64 billion single-award indefinite-delivery/indefinite-quantity contract to build a common platform for managing transportation and logistics operations. TRANSCOM is looking to implement the Joint Transportation Management System by reengineering business processes, perf...
Science Applications International Corp. (NYSE: SAIC) reported 0.4 percent organic growth and $1.85 billion in revenue during the first quarter of its fiscal year 2025 and recorded $1.48 in diluted earnings per share and adjusted diluted EPS of $1.92. The Reston, Virginia-based government technology services contractor said in an earnings statement ...
The Department of Veterans Affairs’ Veterans Health Administration has released a draft solicitation for a potential 15-year, $5 billion small business set-aside multiple award task order contract to provide architect-engineering services for the development of complete construction documents. The indefinite-delivery/indefinite-quantity contra...
Cerberus Capital Management has purchased Calspan’s hypersonic and defense test systems business units from TransDigm Group (NYSE: TGD) for an undisclosed sum and formed an independent entity that will focus on delivering hypersonic test infrastructure and services to U.S. government and commercial clients. North Wind will be based in St. Paul, Mi...
The State Department has approved two foreign military sale agreements worth $1.95 billion combined to provide UH-60M Black Hawk helicopters and related equipment to the governments of Austria and Sweden. Austria asked to procure 12 UH-60M aircraft, manufactured by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary, and their associated compone...
Naval Information Warfare Center Pacific has released a draft solicitation for a small business set-aside contract to provide enterprise support and engineering services for Microsoft products and cloud services to defense and intelligence agencies. A notice posted Tuesday on SAM.gov states that the Microsoft Enterprise Services II—Small Business ...
Private equity management firm Bernhard Capital Partners has expanded its government services platform with its purchase of Apogee Engineering. Apogee supports federal government customers by providing critical platforms and services across the areas of cybersecurity, technology modernization and integration and program management, BCP said Tuesday....
The Department of Homeland Security is planning to release a final request for proposals for a recompete contract potentially worth over $100 million to provide enterprise engineering and operations support services to the Cybersecurity and Infrastructure Security Agency. The CEEOSS contract covers the provision of enterprise technology services str...
Executive Mosaic’s GovCon Index marked another winning week, recovering from Thursday’s sharp loss and ending 0.64% higher at $5,055.57 before the Memorial Day weekend. The index, which tracks the stock performances of 30 major government contractors, gained 0.08% week-on-week for its sixth straight positive week. On Wall Street, the Nasdaq Comp...
A report by financial services company Raymond James (NYSE: RJF) shows that there were 76 mergers and acquisitions in the defense and space industry during the first quarter of 2024, a 55 percent increase from the same period the previous year and a 31 percent rise from the previous quarter. Defense and Space M&A Activity...
