The General Services Administration has issued a draft request for quote outlining its plan to establish under GSA’s Multiple Award Schedules contract a potential 10-year, $919.7 million blanket purchase agreement for the acquisition of supply chain risk illumination tools and analytic support services. The proposed Supply Chain Risk Illumination ...
RTX (NYSE: RTX) has agreed to sell its Raytheon’s cybersecurity, intelligence and services business to an undisclosed buyer for approximately $1.3 billion. The company announced the move in its third-quarter earnings report published Tuesday. Reuters reported that private equity firm Blackstone was the prospective purchaser of the business. The Ra...
2023 marks the 20th annual Cybersecurity Awareness Month, the U.S. federal government’s tradition of promoting careful cyber hygiene and ensuring protective precautions for digital assets. Established by the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency and a nonprofit, the National Cybersecurity Alliance, ev...
CACI International (NYSE: CACI) released its results for the three months that ended Sept. 30, highlighting a 15.2 percent year-over-year revenue growth to $1.85 billion during the first quarter of its fiscal year 2024. John Mengucci, president and CEO of CACI and a four-time Wash100 awardee, said in a statement published Wednesday, “The busin...
Virtru has appointed industry veterans Carrick Longley as senior vice president of global public sector and Jason Green as vice president of federal sales as the company seeks to build its growth momentum. Both executives bring decades of experience overseeing modernization programs for public sector customers, the Washington, D.C.-headquarter...
Rodney Slater, former U.S. secretary of the Department of Transportation, and Sue Gordon, former principal deputy director of national intelligence and a two-time Wash100 awardee, have been elected to respectively serve as chairman and vice chairwoman of Mitre’s board of trustees. Slater most recently served as interim chairman and has been a memb...
As it intensifies its digital modernization, the U.S. Army is quickly acquiring and incorporating new technologies that expand the service branch’s toolkit in a contested geopolitical era. This process has introduced new capabilities that demand power at a range of signatures. “We are literally a Christmas tree,” said the Army’s Young B...
By Matt Pinkston, Chief Growth Officer at Procurement Sciences For business development, capture and proposal executives in the government contracting industry, bidding intelligence software is pivotal and the choice of the right solution is critical. This decision impacts your organization’s ability to navigate the complex federal contracting...
The shares of General Dynamics (NYSE: GD) popped 4.03 percent to $242.40 on mid-week after the company reported a 6 percent year-over-year revenue growth in the third quarter of 2023 to $10.6 billion versus Q3 2022. Another business highlight was the $95.6 billion company-wide backlog, the highest ever in the defense contractor’s history. Net earn...
Accenture’s (NYSE: ACN) federal arm has received a potential $486.4 million contract from the State Department to field, operate, maintain and support the agency’s Integrated Logistics Management System. The contractor will provide customer outreach and training, security monitoring and patching and other operations and maintenance support for I...
