The Department of State has cleared a potential $1.75 billion foreign military sale of M142 High Mobility Artillery Rocket Systems to Canada, with Lockheed Martin designated as the principal contractor. The Defense Security Cooperation Agency said Wednesday that it had already submitted the required certification to Congress. The Potomac Officers Cl...
The Missile Defense Agency has issued a request for proposals for its Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, indefinite-delivery/indefinite-quantity contract vehicle valued at up to $151 billion. Through SHIELD, the MDA aims to develop continuous, layered protection against air, missiles, space, cyber and hybrid threats,...
ASRC Builders-Caddell has secured a $290.3 million contract from the U.S. Army to construct the Joint Integrated Test and Training Center at Joint Base Elmendorf-Richardson in Alaska. The U.S. Army Corps of Engineers has obligated $110.9 million in fiscal year 2025 military construction funds at the time of the award, the Department of Defense said...
The Federal Communications Commission has approved SES’s proposed $3.1 billion acquisition of Intelsat. FCC said Friday the approval of the proposed transaction builds on its efforts to promote the delivery of satellite services to the public. The commission added that it expects the planned deal to establish a “more vigorous multi-orbit...
Senior Department of Defense officials and military leaders released on Thursday DOD’s $961.6 billion fiscal year 2026 proposed budget, which includes $848.3 billion in discretionary funding and $113.3 billion in mandatory funding through congressional reconciliation, DOD News reported. “This historic defense budget prioritizes strengthe...
The Professional Services Council has promoted Stephanie Kostro, acting president of PSC, to president and appointed Steve Harris, a seasoned federal leader, as vice president for defense and intelligence. PSC said Thursday Kostro will provide strategic direction to PSC and its industry engagement and advocacy efforts amid evolving federal prioritie...
SAIC saw its fiscal year 2026 first-quarter revenue increase 2 percent to $1.88 billion and reported Q1 net bookings of approximately $2.4 billion with a book-to-bill ratio of 1.3. In an earnings statement published Monday, the Reston, Virginia-based government technology services contractor said it ended the first quarter with an estimated total ba...
Leidos has acquired Kudu Dynamics in an all-cash transaction worth approximately $300 million as part of a push to rapidly scale artificial intelligence-enabled cyber capabilities for intelligence, defense and homeland security clients. Leidos said Wednesday Baird acted as Kudu’s exclusive financial adviser in the deal. Advancing Strategy for ...
The Department of Defense has released a request for information to assess industry capabilities to help inform the acquisition strategy for the follow-on Information Analysis Center Multiple Award Contract, or IAC MAC, which is designed to support the evolving needs of the DOD scientific and technology ecosystem. According to an April 9 sources sou...
Bridget Bean has built her career solving the government’s most complex and challenging problems. Now the executive director of the Cybersecurity and Infrastructure Security Agency, Bean uses her leadership and experience to drive institutional continuity and enterprise operational excellence to help the agency realize its full range of capab...
