Intel (Nasdaq: INTC) is in discussions to acquire GlobalFoundries for approximately $30 billion, The Wall Street Journal reported Thursday. GlobalFoundries is a semiconductor company based in Malta, New York, that was established after Advanced Micro Devices (Nasdaq: AMD) decided to spin off its chip manufacturing operations. The company is now owne...
Huntington Ingalls Industries (NYSE: HII) has agreed to buy Alion Science and Technology from Veritas Capital for approximately $1.65 billion in cash as part of a push to expand its technical capabilities and portfolio of national security platforms. HII said Tuesday it expects the transaction to conclude in the second half of 2021 and help...
Ned Miller, former chief technology strategist at McAfee (Nasdaq: MCFE), has joined Appgate to serve as senior vice president and general manager of the cybersecurity company’s federal arm. He will be responsible for working with sales and technical teams to deliver zero-trust security products to clients, and leading market strategies that gu...
Raytheon Technologies (NYSE: RTX) has received a $328.16 million contract to manufacture lot 21 of updated AIM-9X Sidewinder multimission missiles for U.S. and foreign military customers. The Department of Defense said Wednesday the three-year contract from Naval Air Systems Command covers the production of Block II all up round tactical and air tra...
Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a 2021 Wash100 Award winner, believes in the patriotism of her role as head of the Reston, Virginia-based aerospace and defense company that supports U.S. policy and the mission of the Department of Defense, The Wall Street Journal reported Friday. “It is our moral...
Executive Mosaic CEO Jim Garrettson recently made a visit ICF headquarters in Fairfax, VA to present the second consecutive Wash100 Award, the most prestigious award in government contracting (GovCon), to ICF CEO John Wasson for his leadership and significant contributions to the federal landscape and the GovCon community. Previously, Wasson secured...
The Alliance for Digital Innovation has released a white paper providing recommendations on how the U.S. government could update governmentwide acquisition contracts to accelerate federal agencies’ access to commercial innovation and help them carry out cybersecurity and information technology modernization efforts. The nine-page document outlined...
Executive Mosaic CEO Jim Garrettson presented John Mengucci, president and CEO of CACI International, with his second consecutive Wash100 Award, the most prestigious and coveted award in all of government contracting (GovCon). John Mengucci joined CACI as its chief operating officer and president of U.S. operations in 2012 and served in those roles ...
Jason Sutton, program director for steel fabrication and assembly at Huntington Ingalls Industries’ (NYSE: HII) Newport News Shipbuilding division, has been named chief information officer within the same division. He will succeed Brian Fields, who held the CIO post while serving as chief transformation officer and will transition to a new role as...
Saab Inc., the Swedish aerospace and defense contractor’s U.S. subsidiary, has won a potential $127.9 million contract to provide instrumentation systems to the U.S. Marine Corps for tactical engagement training use. The company said Thursday it will replace the military branch’s instrumented and tactical engagement simulation system wit...
