Los Angeles-based Nexus Capital Management has acquired Aviation Ground Equipment Corp. for an undisclosed sum and will integrate AGEC as a new entity within HDT Global. Established in 1984, AGEC is a veteran-owned business that manufactures ground-based and shipboard ground power units, portable universal load banks and other aviation ground suppor...
The commercial space company of Sierra Nevada Corp. has appointed former Boeing (NYSE: BA) executive Tim Keating as chief strategy officer and senior vice president of global government operations. In his new role, Keating will lead the recently-established strategy and government affairs organization at Sierra Space, the SNC subsidiary said Tuesday...
President Joe Biden’s budget request for fiscal year 2024 includes $74.4 billion for federal civilian information technology programs, nearly $11 billion of which will be allocated to the Department of Veterans Affairs, according to a report from Deltek’s GovWin federal market analysis team. The report, published Monday, provides initial...
Firefly Aerospace has secured a $112 million contract to help NASA deploy one satellite and two payloads sometime in 2026 as part of the agency’s Commercial Lunar Payload Services initiative. The Texas-based space transportation builder will be responsible for integrating and delivering payloads from Earth to the moon’s surface and orbit...
Emerging trends and developments across the global defense landscape have catalyzed a shift within the United States toward new strategies, new technologies and refocused priorities. With factors such as the Russia-Ukraine conflict, the commercialization of space and the looming peer and near-peer threat, U.S. defense leaders are rethinking what the...
Parsons (NYSE: PSN) has agreed to acquire IPKeys Power Partners for approximately $43 million as part of efforts to expand its intellectual property portfolio and footprint in grid modernization and cyber resiliency markets. IPKeys is a Tinton Falls, New Jersey-based company founded in 2014 and provides enterprise software platforms designed to deli...
Nicki Scolaro Bland, former contract management professional at Leonardo DRS and Northrop Grumman (NYSE: NOC), was appointed as vice president of contracts administration at Peraton, according to a LinkedIn post on Tuesday. Bland most recently served as senior director of contracts and compliance at Leonardo’s U.S. subsidiary, where she led effort...
Kathleen Featheringham, a nearly two-decade veteran of Booz Allen Hamilton (NYSE: BAH), has joined Maximus (NYSE: MMS) as vice president of artificial intelligence for federal technology consulting services, according to a LinkedIn post published Tuesday. She previously led Booz Allen’s AI practice as a director and helped the government consu...
As cloud technology matures and continues to take over the federal landscape, leaders across the government contracting ecosystem are learning key lessons that are helping shape the path forward. Chief among those lessons is that a multi-cloud approach works best, which is why the Department of Defense awarded its massive enterprise-wide cloud contr...
Jason Payne, chief technology officer at Microsoft’s (Nasdaq: MSFT) federal arm, said multicloud environments enable government agencies to broaden their technology options and select the best cloud platform to meet their mission requirements. Payne wrote that multicloud adoption begins with the implementation of a strategy that looks at factors t...
