In Aug. 2020, the Small Business Administration (SBA) announced that the federal government exceeded its small business federal contracting goal. The federal government has awarded $132.9 billion in federal contracts to small businesses, increasing $12 billion from fiscal year 2019. By law, 23 percent of government contracts must go to small busin...
The State Department has approved South Korea's request to purchase $158.1M in Raytheon Technologies-built (NYSE: RTX) Sidewinder missile systems along with a suite of associated equipment from the U.S. government under a foreign military sales transaction....
The State Department has named Advanced Technology Systems Co. as prime contractor on a potential $417M foreign military sale of maritime domain awareness systems to the Egyptian government....
The State Department approved 68 foreign military sales agreements worth $83.5B combined during the government's 2020 fiscal year, Defense News reported Thursday....
The State Department has cleared Switzerland’s request to buy F-35 fighter jets, F/A-18E/F Super Hornet aircraft and Patriot Configuration-3+ modernized fire units under three foreign military sales agreements worth approximately $16.23B combined....
The Navy has continued to accelerate acquisition channels, modernize emerging technologies and increase research and development to become more effective in warfare. As the Navy continues to evolve to meet the growing demands, challenges still remain. Today, Potomac Officers Club will host its 2020 Navy Forum virtually! To register for the 2020 Navy...
The State Department has cleared a potential $401.3M foreign military sale of follow-on contractor logistics support for the U.K. government's C-17 Globemaster III transport aircraft....
A joint venture between Aptive Resources and Enterprise Resource Performance Inc. has won two task orders worth $121M combined to provide systems integration and operational support for the Department of Veterans Affairs’ healthcare networks....
The State Department has approved a potential $241M foreign military sale of Lockheed Martin-built (NYSE: LMT) Patriot Advanced Capability‑3 Missile Segment Enhancements and related equipment to the Dutch government....
NavalX, the U.S. Navy’s newest innovation office that launched in 2019, has continued efforts to innovate and transform the workforce. Director of the unit, Capt. Frank Futcher, has discussed recent initiatives within the department since NavalX was established. Futcher will also serve as a panelist during Potomac Officers Club’s 2020 Navy Forum...
