Arlington Capital Partners has signaled plans to raise its seventh fund, which could exceed the size of any of its previous funds, The Washington Business Journal reported Friday. Two years ago, Arlington Capital closed its sixth fund at $3.8 billion. In 2019, the investment firm secured $1.7 billion for its fifth fund. In a filing...
SupplyCore has secured two contracts from the Defense Logistics Agency with a potential cumulative value of $150 million to provide facilities maintenance, repair and operations supplies. Scope of Facilities MRO Contracts The Department of Defense said Friday the two firm-fixed-price, indefinite-delivery/indefinite-quantity contracts, potential...
The U.S. Army has awarded Raytheon a $279.2 million cost-plus-fixed-fee contract to provide functional management support for the Land-based Phalanx Weapon System. Work locations and funding will be determined with each order, with an estimated completion date of July 7, 2030, the Department of Defense said. The Army Contracting Command, located at ...
Andy Green, president of the mission technologies division and executive vice president of HII, has accepted the 2025 Wash100 Award from Jim Garrettson, CEO of Executive Mosaic. The Wash100 Award is conferred annually to 100 government and government contracting leaders for driving innovation and growth within their respective organizations and thei...
The U.S. Navy has awarded General Dynamics Electric Boat a $1.85 billion undefinitized contract action modification to a previously awarded contract for long lead time material and preliminary construction efforts associated with Virginia-class Block VI submarines. The Potomac Officers Club’s 2025 Navy Summit is a premier gathering of naval an...
Senior Department of Defense officials and military leaders released on Thursday DOD’s $961.6 billion fiscal year 2026 proposed budget, which includes $848.3 billion in discretionary funding and $113.3 billion in mandatory funding through congressional reconciliation, DOD News reported. “This historic defense budget prioritizes strengthe...
V2X has secured a cost-plus-fixed-fee, undefinitized contract action from the U.S. Air Force to support the Iraq F-16 program. The $118 million award was a sole source acquisition and includes foreign military sales to Iraq, the Department of Defense said Wednesday. Details of V2X’s Contract to Support Air Force in Iraq The company ...
Science Applications International Corp. will support the U.S. Air Force Tactical Exploitation of National Capabilities in prototyping warfighting capabilities under a five-year, $928 million Hyper-Innovative Operational Prototype Engineering 2.0 contract. Air and space defense is a critical component of national security and is becoming increasingl...
Lockheed Martin has been awarded a $250 million contract modification by the U.S. Navy for the production and support of the F-35 Lightning II logistics information system. F-35 Logistics Information System Contract Modification Scope The Department of Defense said Wednesday the modification to the fixed-price incentive, cost-plus-fixed-fee, in...
Sierra Nevada Corp. will produce and maintain Degraded Visual Environment Pilotage System, or DVEPS, units to the U.S. Special Operations Command under an indefinite-delivery/indefinite-quantity contract with a maximum value of nearly $471.6 million. SNC will work on the contract, which also includes logistics support, in Sparks, Nevada, with ...
