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...
Following the sunsetting of Task Force Lima last year and coming on the heels of the AI Rapid Capabilities Cell is Thunderforge, the Department of Defense’s newest artificial intelligence endeavor. With the project, the Pentagon is looking to boost its planning, decision-making capabilities and operational protocol. And it has recruited a maj...
By Payam Pourkhomami, President & CEO of OSIbeyond Controlled unclassified information, or CUI, is of paramount importance to government contractors because their ability to achieve compliance with regulations often hinges on how it is handled, stored and protected. However, many contractors struggle to navigate the complexities surrounding CUI,...
Sikorsky Aircraft, a Lockheed Martin subsidiary, has received a $100 million modification to a previously awarded indefinite-delivery/indefinite-quantity contract from the U.S. Navy for sustainment services for the H-53 heavy-lift transport helicopter. H-53 Helicopter Support Contract Details The Department of Defense said Tuesday the modi...
Molly Beggy, a former executive at Accenture Federal Service, has been named vice president of proposal operations at Clarity Innovations, effective Feb. 25. The Capitol Meridian Partners portfolio company said Wednesday Beggy will help drive its growth in the Department of Defense and Intelligence Community markets. She will play a key role in ...
