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McAleese & Associates reported that the House on Saturday introduced a continuing resolution, or CR, to fund federal government operations at current fiscal 2024 funding levels through the end of September. The current stopgap bill is set to expire on March 14. CBS News reported that the House Rules Committee is expected to tackle the...
Executive Mosaic’s GovCon Index finished +2.37% higher at $4,656.07 Friday to register a second straight winning week. The index, which tracks the stock performances of 30 major government contractors, posted a +3.3% week-on-week gain overall despite three broad market selloffs during the week. It also trimmed the year-to-date loss to -3.87% f...
Leading Technology Composites has secured an $856.7 million contract from the U.S. Army for the procurement of advanced combat helmets. The Department of Defense said Thursday the firm-fixed-price contract covers the production of 406,384 units of Next Generation Integrated Head Protection Systems, or NG IHPS. The Wichita, Kansas-base...
John Jordan, a seasoned business and technical leader, has been appointed president of Chenega Analytic Business Solutions. John Jordan’s Career Achievements The Chenega business unit said Thursday Jordan joins the mission-critical support provider after working at Venturi, a company operating under Chenega Military, Intel...
Shield AI has raised $240 million in a round of F-1 strategic financing, bringing the deep-tech company’s valuation to approximately $5.3 billion. The company said Thursday it will use the capital to expand the deployment of its Hivemind Enterprise autonomy software to government agencies, original equipment manufacturers and companies. What I...
The Defense Threat Reduction Agency has begun conducting market research for professional analytical services supporting efforts to counter and deter weapons of mass destruction and other emerging threats in the continental and outside the continental United States. Enhancing Anti-WMD Capabilities According to the sources sought notice pos...
Following the sunsetting of Task Force Lima last year and coming on the heels of the AI Rapid Capabilities Cell is Thunderforge, the Department of Defense’s newest artificial intelligence endeavor. With the project, the Pentagon is looking to boost its planning, decision-making capabilities and operational protocol. And it has recruited a maj...
By Payam Pourkhomami, President & CEO of OSIbeyond Controlled unclassified information, or CUI, is of paramount importance to government contractors because their ability to achieve compliance with regulations often hinges on how it is handled, stored and protected. However, many contractors struggle to navigate the complexities surrounding CUI,...
Maximus has appointed technology leader Duncan McCaskill as vice president of data and Ron Leidner, most recently a senior adviser at the Internal Revenue Service, as VP of client engagement at the company’s federal services business. McCaskill and Leidner announced their new roles at the McLean, Virginia-based government services contractor i...
Molly Beggy, a former executive at Accenture Federal Service, has been named vice president of proposal operations at Clarity Innovations, effective Feb. 25. The Capitol Meridian Partners portfolio company said Wednesday Beggy will help drive its growth in the Department of Defense and Intelligence Community markets. She will play a key role in ...
