The Department of Defense is working to finalize guidance meant to provide its contracting officials more flexibility when it comes to reimbursing companies facing the effects of higher prices, Federal News Network reported Thursday. William LaPlante, undersecretary for acquisition and sustainment at DOD, said the updated policy document could be av...
An industry team led by Parsons (NYSE: PSN) has received a potential five-year, $160 million blanket purchase agreement to continue delivering enterprise construction management services to the Department of Energy and the National Nuclear Security Administration. Augur Consulting, JGMS Government Services, Crawford Consulting Services and Longeneck...
The rise of electronic warfare, or EW, has fueled an increase in demand for electromagnetic spectrum operations and capabilities across the GovCon landscape. This heightened demand is manifesting in increased interest and investments in 5G-enabled technologies, smart facilities, Internet of Things and more as spectrum sharing becomes more prevalent ...
Shareholders at ManTech International (Nasdaq: MANT) approved Wednesday a proposed agreement to sell the company to global investment firm Carlyle (Nasdaq: CG) and both parties expect the transaction to be finalized during the week of Sept. 12, pending satisfaction of other customary closing conditions. ManTech said Wednesday more than 99 percent of...
Lockheed Martin (NYSE: LMT) will serve as the principal contractor on a State Department-authorized $450 million foreign military sale of F-16 sustainment services and related equipment to Pakistan. The proposed transaction calls for the consolidation of previous aircraft sustainment and support cases associated with the Pakistan air force’s F...
Science Applications International Corp. (NYSE: SAIC) has booked a $200 million task order for intelligence warfighting function training and readiness services to the U.S. Army Forces Command. SAIC said Wednesday it will offer recommendations for the FORSCOM G-2 Intelligence unit to deliver accurate and timely data to military personnel as part of ...
Science Applications International Corp. (NYSE: SAIC) has booked a $200 million task order for intelligence warfighting function training and readiness services to the U.S. Army Forces Command. SAIC said Wednesday it will offer recommendations for the FORSCOM G-2 Intelligence unit to deliver accurate and timely data to military personnel as part of ...
Charlie Pelham, who joined Leidos (NYSE: LDOS) in early 2021, has been named director of business development operations at the company’s Dynetics group. In a LinkedIn post, Pelham shared he took on the new role after serving as senior director of business development and strategy at the Leidos Innovation Center, which researches and develops ...
Three executives at Red Cell Partners, an incubator focused on the national security and health care markets, have created a company to develop artificial intelligence-based software for military logistics use. Red Cell Operating Partner Paul Selva, CEO Grant Verstandig and President Yisroel Brumer established DEFCON AI with an overall goal of helpi...
Mitre has expanded its leadership team with the appointment of industry veteran Cedric Sims as senior vice president of enterprise innovation and integration and intelligence expert Austin Wang as VP of the intelligence center, Mitre National Security. Sims will come up with strategies to promote enterprisewide innovation and develop integration pla...
