Spirit AeroSystems shareholders approved the potential sale of the Wichita, Kansas-headquartered aerospace company to Boeing. In a statement published Friday, Spirit Chief Financial Officer Irene Esteves said, “Our shareholder’s resounding approval today represents an important milestone in our carefully planned merger with Boeing. As we...
The State Department has approved Japan’s foreign military sales request to procure Standard Missile 6 Block I Missiles and related equipment worth an estimated $900 million. The Defense Security Cooperation Agency said Friday RTX will be the principal contractor of the proposed sale. Details of Potential SM-6 Block I Missile Contract Und...
The GovCon Index snapped its six-day losing streak Thursday, then advanced +0.28% to $4,895.06 before the weekend. Unfortunately, the two consecutive daily gains did not offset the three losses to start the week, including the sharp -2.77% drop on Tuesday. The index, which tracks the stock performances of 30 major government contractors, lost -2.42%...
DSA has undergone an organizational restructuring to better support customers and target markets. Kathleen Kirk, chief operations officer of the Trevose, Pennsylvania-based IT services company, said the changes will enhance DSA’s operational excellence and growth. DSA Introduces New Business Units Part of the changes at DSA is the introd...
Jonathan Peppard, an industry veteran with 27 years of experience in capture management, program management and business development, has been appointed vice president of strategic capture at Akima. The information technology company said Thursday Peppard will oversee its expansion by leading efforts to capture new opportunities within the federal ...
General Dynamics reported double-digit revenue and profit growth in the fourth quarter of 2024 compared to Q4 2023 and ended the year with a $90.6 billion in backlog plus an estimated additional value in unfunded indefinite delivery, indefinite quantity contracts and unexercised options, of $53.4 billion. The company said Wednesday in the three mont...
Hewlett Packard Enterprise and Juniper Networks maintained that the proposed $14 billion acquisition between the two companies is “pro-competitive” in response to the Department of Justice’s decision to file suit to block the all-cash deal. “We will vigorously defend against the [DOJ’s] overreaching interpretation of an...
Molly Just-Behr, a former Department of Defense official, has joined the data and artificial intelligence company Databricks as global head of public sector. She confirmed her new role in a LinkedIn post Wednesday. “The opportunity to help governments harness the power of data, artificial intelligence, and analytics to solve some of the...
By Kim Koster, Vice President of Industry Marketing at Unanet 2024 has come to an end. You’ve closed your books and moved on to 2025. Before you look ahead, however, one question: How did your year-end accounting process go? Was it smooth and painless, or did an inefficient process and disorganized data cause you headaches? ...
The Department of Defense has awarded West 4th Strategy a position on the potential five-year, $1.8 billion Personnel and Readiness Infrastructure Support Management, or PRISM, contract vehicle to provide critical support services for DOD. The IT services provider said the award is for the Personnel and Readiness pool of the PRISM contract. Gregg Me...
