Executive Mosaic’s GovCon Index fell -1.89% on Friday to settle at $4,495.05, a new low. The index, which tracks the stock performances of 30 major government contractors, lost -1.77% for the week and posted its fifth consecutive weekly loss. The decline in the Index of Consumer Sentiment due to higher inflation expectations was the headwind...
The FBI has awarded Vertex Aerospace a potential five-year, $100 million contract to provide maintenance support services for the bureau’s fixed- and rotary-wing aircraft. According to an award notice published Friday on SAM.gov, the bureau launched a competitive acquisition for the single-award, indefinite-delivery/indefinite-quantity contrac...
Matt Matthews has assumed the role of chief delivery officer at Client Solution Architects. The Virginia-based IT solutions provider said Wednesday that Matthews will be responsible for delivery operations and ensuring that CSA is well-positioned to address national security challenges. “Matt’s proven experience, forward-thinking v...
The Defense Health Agency’s Contracting Division-Professional Services has requested proposals for a potential $1.6 billion firm-fixed-price, cost-reimbursable contract to provide medical and dental readiness services. Remote Health Readiness Program-4 Contract According to the notice posted on SAM.gov Thursday, the selected vendor will p...
Jeff Shockey has been selected as the new executive vice president of government operations, global public policy and corporate strategy at Boeing. The global aerospace company said Thursday Shockey will officially assume the role on Feb. 24 and will serve on the company’s executive council. He will spearhead Boeing’s global pu...
KBR has won a U.S. Air Force contract worth approximately $176 million to provide equipment maintenance and operations support for space domain awareness technologies at the Air Force Maui Optical and Supercomputing Site, or AMOS, in Hawaii. The Department of Defense said Thursday the Air Force Research Laboratory, or AFRL, launched a competitive ac...
Jennifer Swanson has been a dedicated U.S. Army civilian for over three decades — but she’s far from sitting back on her heels or letting a new guard of technologists outpace her. Swanson remains on the cutting edge of innovation and works tirelessly to find ways to get modern capabilities into the hands of warfighters...
Leidos has named Jason Albanese its new chief growth officer and corporate executive vice president. He will replace Gerry Fasano, who will retire on April 4. The company said Wednesday Albanese, who will officially assume the roles on March 3, will be key to implementing the new NorthStar 2030 strategy. Leidos CEO Tom Bell, a two-time...
BWX Technologies, a manufacturing and engineering firm specializing in nuclear services, has been awarded a $2.1 billion contract by the U.S. Navy for the procurement of nuclear reactor components for the Naval Nuclear Propulsion Program. BWXT Nuclear Reactor Component Contract The Lynchburg, Virginia-based company said Wednesday it will manufa...
Unanet, a company offering project-based enterprise resource planning and customer relationship management services, has completed the acquisition of software firm Contraqer. The Dulles, Virginia-headquartered company said Wednesday the acquisition of the market intelligence and procurement software provider aims to enhance Unanet’s ...
