Bulgaria has secured U.S. State Department approval to procure 183 General Dynamics-built (NYSE: GD) Stryker armored fighting vehicles under a potential $1.5 billion foreign military sales agreement. General Dynamics Land Systems will serve as the principal contractor on the proposed FMS deal that includes infantry carrier vehicles; ICV – Drag...
Apogee has established a governing board of directors in line with the company’s push to expand its footprint in the government market and named Chairman and CEO Wes Georges as lead of the new body. Other inaugural governing board members are Dave Dacquino, former CEO at Serco Group‘s North American business arm, and Landmark Systems...
Ricardo Defense has received a $385.6 million contract modification from the U.S. Army to produce and deliver system retrofit kits for the High Mobility Multipurpose Wheeled Vehicles. The award is made on the initial $89.8 million contract with the Troy, Michigan-based defense contractor to procure anti-lock braking and electronic stability control ...
A new McAleese & Associates report shows that defense prime contractors posted a 7 percent to 9 percent rise in sales during the second quarter of 2022 and record-high backlogs as the Department of Defense accelerates contract awards. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the...
Owl Cyber Defense, a DC Capital Partners portfolio company, has acquired Big Bad Wolf Security in a deal aimed at accelerating Owl’s expansion into the government cloud market. Financial terms of the transaction were not disclosed and Owl said Tuesday it will add BBWS’ cloud security and cross-domain solutions to the parent company’...
The State Department has cleared a potential $500 million foreign military sale to Taiwan of F-16 infrared search and track systems, produced by Lockheed Martin (NYSE: LMT) and related equipment through a government-to-government transaction. Taiwan’s economic and cultural representative office asked to procure IRST systems, integration and te...
HII (NYSE: HII) has won a seven-year, $78.7 million contract to provide independent advice and assessment support for the Missile Defense Agency’s initiative to develop an integrated and layered system for intercepting adversary missiles. The Department of Defense named Alion Science and Technology the awardee of the competitive cost-plus-fixe...
Poland has requested to purchase 96 AH-64E Apache Helicopters and related equipment from the U.S. government under a potential $12 billion foreign military sale deal cleared by the State Department. Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will serve as principal contractors on the proposed transaction that would include aircraft engines, n...
The State Department has approved Australia’s request to procure up to 22 M142 High Mobility Artillery Rocket System launchers and related equipment from the U.S. government under a potential $975 million foreign military sale agreement. The proposed FMS transaction includes unitary and alternative warhead missile pods for the Guided Multiple ...
Jennifer Hay was named director of Defense Digital Service within the Chief Data and Artificial Intelligence Office of the Department of Defense, replacing Jinyoung Englund who held the post in an acting capacity. Hay, a visiting fellow with the National Security Institute, joined DDS in January as its principal deputy. Now, she will lead the...
