Parsons has agreed to acquire Miami-based BCC Engineering for approximately $230 million in cash as part of efforts to enhance its infrastructure capabilities and expand its presence in the Southeastern U.S. Strengthening Infrastructure Capabilities Parsons said Monday the all-cash transaction is expected to be finalized in the next 30 days and alig...
Invoke Public Sector will provide federal agencies with intelligence automation as a service under a five-year Small Business Innovation Research program contract. The indefinite-delivery/indefinite-quantity contract is worth $47 million and covers robotic process automation, artificial intelligence, machine learning and other automation technologie...
Advanced engineering and technology company Amentum over the last year merged with two Jacobs businesses to form what Raymond James Equity Capital Markets Managing Director Brian Gesuale calls the “biggest solutions provider in this space, if you look at scale against all the peers in the public markets.” This dominance is achi...
Eric Holstrom, a space and defense business development professional, has been appointed vice president of business development for national security space at Astrion, according to a LinkedIn post the executive shared Sunday. Holstrom previously worked at Axient as the vice president of growth for the company’s space segment. In his...
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 U.S. Space Force has awarded two task orders worth $733.6 million combined to SpaceX to provide Lane 1 launch services as part of the third phase of the National Security Space Launch program. The service said Friday the awards mark the first two Lane 1 launch service task orders, or LSTO, issued by Space...
The Defense Advanced Research Projects Agency has issued a request for information to identify top-tier investors that could be invited to participate in Venture Horizons, an initiative that seeks to provide them an opportunity to engage with DARPA’s subject matters and invest in the agency’s portfolio of technologies. According to the RFI initi...
The GovCon market is facing some degree of uncertainty as the presidential election approaches and a continuing resolution puts a pause on funding growth. But one thing GovCon leaders know for certain is that the defense and government markets are rife with opportunities and poised for significant growth. At the Raymond James 2024 Defense and...
Chris Inglis, the former national cyber director, deputy director of the National Security Agency and a Wash100 Award recipient, has joined MITRE’s board of trustees. In a statement published Thursday, Mark Peters, president and CEO of MITRE, said Inglis’ cybersecurity and national security leadership experience will be an asset to the not-for-p...
As the U.S. military operates in an increasingly competitive multi-domain landscape, officials believe the nation and its international partners must prepare to fight and win in contested logistics environments. During a panel discussion titled “The Importance of Logistics and Sustainment in Deterrence” at the Potomac Officers Club&...
