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Ernst & Young will help the Department of the Air Force audit its general fund and working capital fund under a potential five-year, $200.2 million contract from the Defense Finance Accounting Service. The labor-hour contract provides for audit services of financial statements and examination and includes a 12-month base period that runs through...

Naval Facilities Engineering Systems Command has selected six small businesses to compete for range sustainment and remediation projects under a potential $95 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy. Contractors will perform work at military installations within NAVFAC’s Southwest area of responsibilit...

Researchers at the Department of Energy’s Lawrence Livermore National Laboratory in California have achieved fusion ignition, a milestone that could provide insights into the development of clean fusion energy and lead to advancements in national defense. A controlled fusion experiment performed at the National Ignition Facility on Dec. 5 applied ...

A business segment of Lockheed Martin (NYSE: LMT) has received a $328.5 million contract to perform support work on Trident ballistic missile systems designed for U.S. and U.K. submarines. The company’s rotary and missions systems unit will provide support to the Strategic Weapon System Trident Fleet, integrate increment eight on shipboards a...

The U.S. Army is seeking information on commercial entities with the capability to deliver audit infrastructure and support to the Army Financial Improvement program. Army Contracting Command launched market research to identify companies that could offer personnel equipment, supplies, facilities, transportation, tools, materials, supervision, ...

Crowley will help the U.S. Navy’s Military Sealift Command operate and maintain transportation auxiliary general ocean surveillance and missile range instrumentation vessels under a potential two-year, $95.3 million contract. The company will manage six T-AGOS and T-AGM units, which are respectively intended for anti-submarine warfare and miss...

Bruno Pesanti, a technology executive with three decades of combined government and industry experience, has been named lead for the Navy and Marine Corps sector at CGI‘s (NYSE: GIB) federal arm. The sector Pesanti will oversee is part of CGI Federal’s defense intelligence and space unit and he will also hold the title of vice...

Raytheon Technologies’ (NYSE: RTX) missiles and defense business and Lockheed Martin (NYSE: LMT) will serve as principal contractors for a potential $380 million foreign military sale of FIM-92K Stinger man-portable ground-to-air missiles and related equipment to the government of Finland. The Defense Security Cooperation Agency said Thursday the ...

The U.S. Air Force has exercised three contract options worth $234.6 million for Boeing (NYSE: BA) to continue sustainment services to the E-4B National Airborne Operations Center. The award represents options seven through nine of an indefinite-delivery/indefinite-quantity contract that includes support work such as program management and depot mai...

By Mick Fox Chief Operating Officer, TechnoMile Did you know there are currently more than 200 vendors in the Contract Lifecycle Management software market? Even with a clear understanding of the many benefits delivered by CLM tech — e.g., more effective risk and compliance management, greater contract profitability, improved delivery to customers...