President Joe Biden approved a stopgap bill Friday to keep U.S. government operations funded at the existing level through Dec. 16 and head off a federal shutdown before the midnight deadline, The Wall Street Journal reported. The Senate voted 72-25 Thursday afternoon to pass the continuing resolution, followed by the House’s passage of the legisl...
Lockheed Martin (NYSE: LMT) has secured a $273 million contract modification to support the production of guided air and missile defense systems for the U.S. Army and foreign military sales customers. The defense contractor will provide hardware, equipment and facilities, as well as technical, planning, management, manufacturing and testing services...
Seven companies have won spots on a potential eight-year, $1 billion contract managed by Naval Facilities Engineering Systems Command to build, fix or renovate government-owned medical treatment facilities across seven U.S. states. Projects will include hospitals, dental and medical clinics, ambulatory care centers and research laboratories, th...
Palantir Technologies (NYSE: PLTR) has received a contract extension valued at $229 million to continue working with the Army Research Laboratory on the experimentation and implementation of artificial intelligence and machine learning applications across the U.S. military. The new award is an addendum to the $99.9 million contract announced in...
Fourteen companies have won spots on a five-year, $1.89 billion contract to supply initial spare parts for the KC‐46 aerial refueling fleets of the U.S. Air Force and international military customers. The competition for individual delivery orders under the indefinite‐delivery/indefinite‐quantity contract will begin after the service branch is...
The Cyber AB, which functions as an accreditation body for the Department of Defense’s Cybersecurity Maturity Model Certification program, has established a subsidiary to manage the development of training and certification programs for professionals within the CMMC ecosystem. The Cybersecurity Assessor and Instructor Certification Organization wi...
SkyWater Technology (Nasdaq: SKYT) has secured $99 million in additional funds from the Department of Defense to productize and qualify a process for manufacturing 90-nanometer electronics designed to withstand harsh radiation environments. The award follows a $170 million DOD investment announced three years ago to add a radiation-hardened semicond...
Heidi Shyu, undersecretary for research and engineering OUSD(R&E) at the Department of Defense (DoD), recently accepted her 2022 Wash100 Award, the highest annual honor bestowed to the highest members of the government contracting (GovCon) community, during a visit by Executive Mosaic CEO Jim Garrettson. Executive Mosaic is thrilled to recog...
Phoenix International Holdings will help the U.S. Navy conduct worldwide deep ocean search and recovery operations under a five-year, $112 million indefinite-delivery/indefinite-quantity contract. The Largo, Maryland-based company will perform engineering and technical support work for the Navy’s Ocean Engineering, Supervisor of Salvage and Di...
The Department of Defense continues to issue accelerated payments meant to help defense contractors withstand the impact of the COVID-19 pandemic even after the White House declared the health crisis over, Bloomberg reported Monday. In March 2020, DOD issued a memo that increases the progress payment rates for large businesses from 80 percent to 90...
