As the role of information technology (IT) grows throughout the federal government, the U.S. Air Force wants to streamline and optimize its acquisition process through digital transformation. The service branch is currently working to incorporate digital engineering, agile software development and open system architectures to achieve its acquisition...
CAE (NYSE: CAE) has closed its $1.05 billion acquisition of the military training business from L3Harris Technologies (NYSE: LHX) while Renk AG completed its $400 million cash purchase of L3Harris’ combat propulsion systems unit and related assets. The two deals were first announced in March and completed Friday, three days after Christopher K...
Kyndryl, an independent managed infrastructure services provider spinning out of IBM (NYSE: IBM), has announced the members of its senior leadership team, operating model and global structure as it works to deliver mission-critical technical capabilities and support customers’ digital transformation efforts. Rick Ruiz, a veteran sales and technolo...
Raytheon Technologies (NYSE: RTX) will begin manufacturing Next Generation Jammer Mid-Band pods for the U.S. Navy’s electronic warfare aircraft fleet after the company received a $172 million low rate initial production contract. Naval Air Systems Command has ordered three NGJ-MB ship sets along with associated equipment, technical data and go...
The State Department has approved a $445 million foreign military sale of heavy tactical vehicles, manufactured by Oshkosh‘s (NYSE: OSK) defense segment, to the Kuwaiti government. The order is for 517 Heavy Expanded Mobility Tactical Trucks and Heavy Equipment Transporters to support cargo transport, vehicle recovery and resupply operations b...
Stephen Ambrose, a 40-year veteran in science and technology, will oversee the climate initiatives of Science Applications International Corp. (NYSE: SAIC) as chief climate scientist, a newly created role. He will lead the projects of SAIC focused on data science, artificial intelligence and machine learning aimed at helping government clients addre...
The U.S. Air Force is enacting major digital transformation initiatives in an attempt to streamline and optimize its acquisition process. Such as incorporating digital engineering, agile software development and open system architectures that will provide better access to emerging technology, reduce acquisition timelines. During Potomac Officers Clu...
Germany is set to initiate a foreign military sales process with the U.S. government to buy five Boeing-built (NYSE: BA) maritime surveillance planes for approximately $1.3 billion. The German defense ministry said Thursday it chose the P-8A Poseidon aircraft platform to address a capability gap that arose following the completion of its P-3C Orion ...
Client Solution Architects, a provider of digital transformation services to the Department of Defense and other federal government clients, has purchased Capstone for an undisclosed sum as part of efforts to expand its portfolio and footprint in the federal information technology services market. CSA said Thursday the combined company is expected t...
Roger Krone, chairman and CEO of Leidos, received his 2021 Wash100 Award, the most coveted award in all of government contracting (GovCon), from Executive Mosaic CEO Jim Garrettson on Monday. With this year’s honor, Krone has received his eighth consecutive Wash100 Award, the most in the award’s highly prestigious history. As the only GovCon exe...
