Northrop Grumman (NYSE: NOC), Blane International Group and Global Military Products have won spots on a potential five-year, $490 million contract to provide special ammunition and weapons systems for the U.S. Army. Army Contracting Command received six offers for the firm-fixed-price contract through an online solicitation, the Department of Defen...
The Department of Veterans Affairs has awarded 30 companies positions on a potential 10-year, $60.7 billion contract vehicle for information technology products and services. The multiple-award Transformation Twenty-One Total Technology Next Generation 2 contract covers cybersecurity, health care IT, strategy planning, enterprise network engineering...
Forcepoint Global Governments and Critical Infrastructure has appointed five cybersecurity industry veterans to its leadership team nearly a month after it was acquired by global alternative asset management firm TPG (Nasdaq: TPG). Joseph Bell, former senior director of information security at Verisign, has joined Forcepoint G2CI as chief informatio...
The shares of Leidos (NYSE: LDOS) jumped nearly eight percent on the last trading day of October after the defense contractor presented its third quarter of fiscal year 2023 results. In the three months that ended Sept. 29, 2023, revenues rose nine percent to $3.9 billion versus Q3 2022. The total backlog at the quarter’s...
Kathryn Simpson, an 11-year Northrop Grumman (NYSE: NOC) executive, has assumed the corporate vice president and general counsel role at the Falls Church, Virginia-headquartered aerospace and defense contractor, according to a LinkedIn post published Tuesday. She was elevated to the post after serving as VP and associate general counsel of Northrop&...
Shield AI, which is developing an artificial intelligence pilot for aircraft, has secured $200 million in a round of Series F financing led by U.S. Innovative Technology Fund and co-led by Riot Ventures. ARK Invest, Disruptive and Snowpoint participated in the oversubscribed funding round, which brings Shield AI’s valuation to $2.7 billion. “Thi...
Redhorse, an Arlington, Virginia-based information technology services contractor, has acquired Allied Associates International for an undisclosed sum in a transaction that expands its cybersecurity intelligence offerings for national security customers. A2I’s current leadership team will continue to run the organization as a business unit within ...
A multifaceted technologist, Capgemini Government Solutions Chair, CEO and President Bill Webner has built a three-decade career assisting public sector organizations in completing their missions using innovative new tools and strategies. Webner is an alum of Booz Allen Hamilton and Freddie Mac who came to CGS, an independent subsidiary of global ma...
Northrop Grumman (NYSE: NOC) will build 38 Alpha satellites for the second tranche of the Proliferated Warfighter Space Architecture’s transport layer under a potential $732 million contract with the Space Development Agency. The company said Monday the contract covers five years of satellite operations and sustainment services and support for ass...
Harnessing powerful technologies, constantly innovating and making the force more lethal are some of the top focus areas for the U.S. Army’s new Chief of Staff, Gen. Randy George. At the Association of the U.S. Army’s 2023 Annual Meeting and Exposition in October, George outlined his main priorities. If you’re interested in the Army...
