Defense and aerospace components maker Heico (NYSE: HEI) has agreed to acquire Wencor Group from the latter’s management and private equity firm Warburg Pincus in a cash-and-stock deal valued at $2.05 billion. Heico said Monday it will pay $1.9 billion in cash and $150 million in Class A common stock for the Peachtree City, Georgia-headquarter...
The General Services Administration has named 14 representatives from public and private sectors as inaugural members of a federal panel that will advise and offer recommendations to the GSA administrator, the Federal Risk and Authorization Management Program’s board and agencies with regard to the secure adoption of cloud computing products a...
The federal government relies on healthcare services to fulfill various missions for the nation. Get to know the top healthcare and medical government contractors in 2023. Every year, the federal government allocates a significant portion of its budget to health care, aiming to obtain high-quality pharmaceuticals, therapies, and preven...
L3Harris Technologies (NYSE: LHX) has received a five-year, $275.2 million contract to help the National Oceanic and Atmospheric Administration update and maintain ground infrastructure for the Geostationary Operational Environmental Satellites-R Series constellation. The company will provide sustainment support to a system that receives data from G...
Bronwyn Haley, a former Drug Enforcement Administration special agent, has been appointed vice president for the Department of Justice sector technical services contractor Steampunk. She will lead the segment under Steampunk’s homeland, commerce and justice division and brings decades of client relationships, organizational risk management and...
President Joe Biden has extended a national emergency issued by the previous administration in 2019 to secure the U.S. information and communications technology and services supply chain. In a message to Congress, Biden said the unrestricted acquisition and use of ICT technology and services from foreign manufacturers and suppliers continue to threa...
BWX Technologies (NYSE: BWXT) reported a 7 percent growth in fiscal 2023 first quarter revenue from government operations and attributed the growth to a higher production volume for nuclear components and microreactors. Sales in BWXT’s government segment for the period increased to $459.9 million, from the $431.8 million a year earlier, while ...
The General Services Administration has released a solicitation inviting companies holding spots on the indefinite-delivery/indefinite-quantity Energy Savings Performance Contract vehicle to express their interest in competing for task orders under the IDIQ contract as part of the seventh round of the National Deep Energy Retrofit Program in GSA Reg...
As the world moves further into the digital realm, information technology systems have become the core of secure and efficient business processes for both the public and private sectors. Across government and industry, chief information officers work tirelessly to ensure that IT systems are up-to-date and properly equipped to keep pace with the tran...
Six small businesses have secured positions on a $298.3 million multiple-award contract to augment and back up the Federal Aviation Administration’s automated weather observation system at U.S. airports. FAA categorized work into 11 areas across 135 Contract Weather Observation Program locations nationwide, according to a notice posted Friday ...
