The U.S. Marine Corps has awarded AeroVironment (Nasdaq: AVAV), Anduril Industries and Teledyne FLIR positions on a potential eight-year, $249 million contract to build, test, support and deliver a non-developmental item loitering munition system designed to provide dismounted Marines in the infantry rifle squad with precision strike capability agai...
The State Department has approved the government of Saudi Arabia’s request to procure communications and navigation terminals and associated equipment from the U.S. government under a potential $101.1 million foreign military sales agreement. Saudi Arabia has asked to buy 63 Multifunctional Information Distribution System-Low Volume Terminal B...
Tyto Athene, a portfolio company of Washington, D.C.-based private investment firm Arlington Capital Partners, has closed its purchase of software development firm Microtel for an undisclosed sum as part of a push to broaden its customer relationships and space system capabilities. Microtel is a systems engineering firm that develops mission-critica...
Thomas Bell, CEO of Leidos, has made his debut on Executive Mosaic’s most prestigious 2024 Wash100 list for his leadership and dedication to driving the development of next-generation technologies for defense, intelligence and national security sectors. Vote for Bell as your favorite GovCon leader as part of the 2024 Wash100 popular vote compe...
A General Dynamics (NYSE: GD) business has received a potential five-year, $518.8 million contract from the U.S. Army to provide system technical support services for the military branch’s Stryker armored fighting vehicles. Army Contracting Command conducted an online solicitation and received one offer for the cost-plus-fixed-fee contract, the De...
Battelle has received a potential seven-year, $350 million contract from U.S. Special Operations Command for the acquisition of nonstandard commercial vehicles. The indefinite-delivery/indefinite-quantity contract covers lifecycle replacement of USSOCOM’s fleet of NSCVs, ancillary vehicle modifications and supply of armament, communications an...
TCOM has acquired Equinox Innovative Systems, a Columbia, Maryland-based manufacturer of multi-rotor unmanned aerial vehicles, in a transaction aimed at expanding the former’s technology offerings to include tethered and untethered drone systems. The financial terms of the deal were not disclosed and TCOM said Tuesday that Equinox will bring a...
Boeing (NYSE: BA) has received a potential $657.1 million contract modification from the U.S. Navy to support the production and delivery of two more MQ-25 Stingray System Demonstration Test Article aircraft. The modification includes related tooling and communication systems changes to the aerial refueling drone and seeks to definitize obsolescence...
It’s official: this year’s Wash100 popular vote contest has garnered the most participation of any in years past! We will wait to reveal the total count of votes until the end of the competition in May, but suffice it to say, the number is jaw-dropping. Thanks for your help in making this the most engaged...
By Nancy Patel, General Manager of Commercial at Unison Risk realization based on cost overruns is a common theme across the globe in the modern era. The U.S. Department of Defense, the U.K. Ministry of Defence and many agencies and departments across the globe have made news with consistent issues, incorrectly forecasting program costs, leading to...
