The foreign military sales process, wherein international governments seek armaments and defense support from the U.S., is a complicated and highly bureaucratic system that stretches across multiple major agencies, not just the Department of Defense. Officials blame slow industrial base production, lack of Congressional funding and diffuse proc...
By Payam Pourkhomami, President & CEO of OSIbeyond Cybersecurity Maturity Model Certification requirements are here, and the clock is ticking for organizations affected by them. Per the Department of Defense’s estimates, starting in Q1 2025, all new DOD contracts will require self-assessment at CMMC Level 1 or Level 2 before award. By Q3 2...
Cognizant (Nasdaq: CTSH) has completed its purchase of Belcan in a cash-and-stock deal worth approximately $1.3 billion as part of a push to broaden its engineering research and development capabilities and expand its aerospace and defense market footprint. Cognizant said the transaction, which was first announced in June, also builds on its presenc...
Sensible Solutions and Technologies Inc. aims to grow its footprint within the Intelligence Community landscape through its recent acquisition of Data Sync Technologies, a provider of knowledge management and data analysis support. Top IC leaders will take center stage at the Potomac Officers Club’s 2024 Intel Summit on Sept. 19. Register here...
V2X (NYSE: VVX) has secured a contract to ensure the operational readiness of F-5 Adversary aircraft of the U.S. Navy. The company said Wednesday the indefinite-delivery/indefinite-quantity contract for F-5 maintenance is valued at $747 million and has a potential seven-year period of performance, including three 12-month options. Work will be perfo...
Mia Jordan, a digital transformation executive at Salesforce (NYSE: CRM), discussed how artificial intelligence and the company’s ecosystem of more than 7,000 applications and consultants could help government agencies accelerate digital transformation efforts. In an article published on Carahsoft.com, Jordan wrote that AI could be divided into au...
The Defense Intelligence Agency is working on an artificial intelligence-powered system that once deployed will be able to quickly sift through vast amounts of data, perform intelligence analysis and help DIA analysts to focus on more complex intelligence tasks. This program has made significant progress thus far. But what’s next for MAR...
By Kim Koster, Vice President of Industry Marketing at Unanet In fiscal year 2023, the U.S. federal government delivered a record $765 billion in contract awards. Almost all of these are competed over and require extensive investment to even be in consideration for the award. As a consequence, government contracting companies must not spread ...
StandardAero, a portfolio company of global investment firm Carlyle (Nasdaq: CG), has acquired Aero Turbine from Los Angeles-based private equity firm Gallant Capital, for an undisclosed sum as part of a push to expand its maintenance, repair and overhaul capabilities. Established in 1978, Aero Turbine provides MRO services and consultative repair a...
Just before the September 11, 2001 attacks, Bradford Powell joined U.S. Air Force ROTC at the University of Iowa because he wanted to actively serve the country after graduation, rather than sit idly behind a desk. As fate would have it though, post-9/11, he became an acquisition officer and ended up doing a fair amount...
