Craig Martell, former chief digital and artificial intelligence officer at the Department of Defense, will assume the position of chief technology officer at Cohesity. In a statement Monday, Martell, said, “My role will be to accelerate the innovation internally and the advocacy externally of Cohesity’s AI-powered innovations that are second t...
Amtec, a National Defense Corp. company, will supply high-velocity training rounds to the U.S. Army under a five-year, $818.9 million contract. Army Contracting Command received two bids for the indefinite-delivery/indefinite-quantity contract via the internet and will determine work locations and budget with individual orders, the Department of Def...
Executive Mosaic’s GovCon Index posted a 2.21% week-on-week gain, its highest weekly gain in 2024. The index, which tracks the stock performances of 30 major government contractors, ended positive in four of five sessions for the week and rose 0.13% to $5,032.33 Friday. On Wall Street, the Dow Jones Industrial (+2.2%), S&P 500 (+1.9%) and Nas...
VideoRay will produce and deliver remotely operated underwater vehicles for the U.S. Navy’s Maritime Expeditionary Standoff Response program under a five-year, $92.7 million indefinite-delivery/indefinite-quantity contract. The contractor will provide hardware and software components and perform repair and training services to produce and sust...
Lockheed Martin (NYSE: LMT) has secured a pair of modifications worth $553.4 million combined to build and deliver surface-to-surface rocket weapon systems to the U.S. Army and foreign military customers. The company will provide Guided Multiple Launch Rocket Systems to the service branch under a $332.1 million modification to a GMLRS supply contrac...
Science Applications International Corp. (Nasdaq: SAIC) has received a potential five-year, $232 million task order from the U.S. Army to provide systems engineering and information technology modernization support to help the military branch build signals intelligence and electronic warfare systems. SAIC said Thursday the task order was awarded und...
The Johns Hopkins University Applied Physics Laboratory has received a $515 million contract modification to continue providing the Defense Advanced Research Projects Agency with research, development and engineering services. The award brings the total cumulative value of the indefinite-delivery/indefinite-quantity contract to $740 million and incl...
Army Contracting Command Detroit Arsenal has begun seeking proposals for the full rate production of the M10 Booker armored fighting vehicles. ACC-DTA plans to procure up to 266 M10 Booker combat vehicles with all basic issue items, a radio kit, component of end items and under vehicle armor along with 31 refurbishment vehicles and ancillary...
The ever-increasing pace of technological advancement has put pressure on the Department of Defense to ramp up its exploration of 5G, a technology that plays a major role in today’s digitally-driven battlefield. At the Potomac Officers Club’s 2024 5G Forum on May 22, you will have the opportunity to hear elite public and private sector experts...
Lockheed Martin (NYSE: LMT) has secured an $861.3 million contract modification to produce and deliver additional high mobility artillery rocket system launchers and provide support services for the U.S. Army. Army Contracting Command-Redstone received one bid for the firm-fixed-price contract modification via the internet and will determine work lo...
