The U.S. Air Force has started to seek industry feedback as the service plans to conduct another on-ramp process for a potential 10-year, $46 billion contract vehicle for weapons, digital and model-based systems engineering, Agile processes, open systems architecture and enterprise analytics. The Air Force Lifecycle Management Center’s armam...
HII (NYSE: HII) has named Leo Denault, former CEO and current executive chair of energy company Entergy Corp., to the military shipbuilder’s board of directors. The four-decade industry veteran is known for leading Entergy’s transformation efforts to become one of the country’s clean power generation fleet operators, HII said Frida...
The Army West Point’s Black Knights defeated the U.S. Naval Academy’s Midshipmen by a final score of 20-17 in the 123rd edition of the football rivalry game between the two military academies, The Washington Post reported. Saturday’s event at the Lincoln Financial Field stadium in Philadelphia marked the first Army-Navy matchup to reach ov...
After the government contracting industry experienced a surge in mergers and acquisitions a few years ago, the market has cooled in recent times. This is partly due to cautionary business behaviors in response to accelerated inflation. According to Howard Seeger, founder, managing partner and CEO of advisory firm Deep Water Point, in today’s lan...
As a collective entity united under the mission of achieving Joint All Domain Command Control, the U.S. military has intensified its spending on developing various technologies to benefit intelligence-gathering. Artificial intelligence and machine learning, as well as various data-sharing and cybersecurity tools have undergone a renewed focus and in...
DLH Holdings (Nasdaq: DLHC) has purchased Grove Resource Solutions Inc. for $185 million as part of efforts to expand its information technology modernization and cybersecurity offerings for federal government customers. Bethesda, Maryland-based GRSi has approximately 700 employees and has been providing cybersecurity, cloud-based enterprise moderni...
The venture capital arm of Raytheon Technologies (NYSE: RTX) has invested in EpiSci to help the latter scale its Tactical AI platform and further develop autonomy technology systems. RTX Ventures will offer guidance as EpiSci works to develop collaborative autonomy platforms demonstrate the implementation of a model-based autonomy architecture that ...
For three decades, Federal Resources became one of the leading government contractors supplying secure technical and safety solutions. Read on about the company’s massive contracts and joint ventures with the government. 1. DLA Special Operations Equipment Tailored Logistics Support $33,000,000,000 https://www.defense.gov/News/Contracts/Contra...
IBM (NYSE: IBM) has agreed to buy government technology services provider Octo from Arlington Capital Partners in a move to complement Big Blue’s IT and digital transformation offerings for the federal sector. Baird served as financial adviser to Arlington and Octo on the transaction. Financial terms of the deal were not disclosed and all the...
The Department of Defense has awarded Amazon’s (Nasdaq: AMZN) cloud computing business, Google, Microsoft (Nasdaq: MSFT) and Oracle (NYSE: ORCL) positions on the Joint Warfighting Cloud Capability contract worth potentially $9 billion over five and a half years. DOD said Wednesday JWCC is a multiple-award, indefinite-delivery/indefinite-quantity c...
