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According to noted national security expert Juan Zarate, financial institutions have been in dire need of updated management technologies to match the current threat landscape. All of the “illicit finance challenges,” as Zarate put it in exclusive comment to GovCon Wire, demand a more effective, efficient and flexible system. That’...

HawkEye 360 has named eight national security experts to its advisory board’s class of 2025. The signals intelligence data provider said Tuesday its newly appointed advisers are Mike Gilday, a retired U.S. Navy admiral; Christopher Miller, former acting secretary of defense; and Mike Studeman, a retired U.S. Navy rear admiral. The returning me...

Solipsys, a subsidiary of RTX business Collins Aerospace, has secured a potential four-year, $182 million contract from the U.S. Navy to provide software licenses and lifecycle support for software sustainment. Contract Scope The Department of Defense said Monday the indefinite-delivery/indefinite-quantity contract also covers technical support serv...

The Defense Logistics Agency has named AmerisourceBergen Drug, DMS Pharmaceutical Group and Cardinal Health Inc. as recipients of firm-fixed-price contracts valued at up to $5.64 billion for pharmaceutical and pharmaceutical-related products. The Department of Defense said Friday that the contractors will support the Defense Health Agency, the ...

McAleese & Associates reported that the House on Saturday introduced a continuing resolution, or CR, to fund federal government operations at current fiscal 2024 funding levels through the end of September. The current stopgap bill is set to expire on March 14.  CBS News reported that the House Rules Committee is expected to tackle the...

Anduril Industries has won a potential 10-year, $642.2 million contract from the U.S. Navy to install, deliver and sustain Installation-Counter small Unmanned Aircraft Systems, or IC-sUAS, at Marine Corps bases worldwide. The Department of Defense said Friday Marine Corps Systems Command launched a competitive procurement process and received 10 off...

Executive Mosaic’s GovCon Index finished +2.37% higher at $4,656.07 Friday to register a second straight winning week. The index, which tracks the stock performances of 30 major government contractors, posted a +3.3% week-on-week gain overall despite three broad market selloffs during the week. It also trimmed the year-to-date loss to -3.87% f...

Leading Technology Composites has secured an $856.7 million contract from the U.S. Army for the procurement of advanced combat helmets. The Department of Defense said Thursday the firm-fixed-price contract covers the production of 406,384 units of Next Generation Integrated Head Protection Systems, or NG IHPS. The Wichita, Kansas-base...

Lockheed Martin’s aeronautics division has landed a potential $266 million undefinitized contract action from the U.S. Air Force for F-16 System Program Office foreign military sales support. F-16 FMS Support Contract Details The Department of Defense said Thursday said the contract covers an operational flight program update and tra...

The U.S. Army has awarded 10 companies positions on a potential 10-year, $921.1 million contract to help prolong the service life of the military branch’s tactical engagement simulation systems. The Department of Defense said Thursday Army Contracting Command launched an internet solicitation and received 10 offers for the hybrid contract. The...