A Centrus Energy subsidiary has entered into a $150 million cost-shared partnership agreement with the Department of Energy to demonstrate the domestic production of a high-performance nuclear fuel component. American Centrifuge Operating will deploy a cascade of 16 advanced centrifuges at an enrichment facility in Piketon, Ohio, to produce 20 kilog...
Sid Agarwal, an REI Systems veteran, was elevated to the position of vice president of health systems at the Sterling, Virginia-headquartered information technology company, FedHealthIT reported Tuesday. The executive has oversight of the REI business arm focused on delivering services to health-related agencies including the U.S. Agency for Interna...
Gina Scinta, deputy chief technology officer at Thales Trusted Cyber Technologies, said government agencies should implement proper access controls to better safeguard data from cyberthreat actors, including the use of multifactor authentication and crypto-agile platforms. Scinta wrote that agencies should adopt multifactor authentication that depen...
Client Solution Architects, a digital transformation and IT services consulting firm, is positioned at a critical point in the GovCon market. After successfully graduating from the Small Business Administration program, CSA has transitioned from a small-sized business to a mid-tier organization that competes with some of GovCon’s big players. GovC...
Bulgaria is looking to acquire eight additional F-16 Block 70 fighter jets from the U.S. to expand on its initial eight-aircraft order and avail ammunition and training support services, Bulgarian News Agency reported Thursday. An investment expenditure draft previously adopted by the Balkan nation’s budget and finance committee details a plan...
Mitre has been selected by the Department of Transportation to operate a prototype virtual application built to help developers test cooperative driving automation systems. The Federal Highway Administration created the Virtual Open Innovation Collaborative Environment for Safety platform for multiple entities to participate simultaneously in synthe...
Over the last couple of years, workforce shifts due in large part to the COVID-19 pandemic have hastened the transition from hardware and software-based procurement processes to cloud-stored models. Since many government workers started to work from home in (relatively) recent times, agencies began to look toward doing business through cloud-based, ...
Parsons (NYSE: PSN) saw its third quarter revenue for fiscal year 2022 jump 19 percent to $1.13 billion and attributed the sales growth to ramp-up of contract work and increased hiring activity. The Centreville, Virginia-based contractor said Wednesday it posted $1.3 billion in Q3 2022 net bookings with a book-to-bill ratio of 1.1x and ended...
Dan Fermon, interim chief operating officer at Firefly Aerospace since May, has been appointed to the COO position on a full-time basis. He will continue to oversee a range of business operations at the Texas-based space transportation company including the production of the Alpha rocket for future launch missions and the establishment of the Propul...
Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Airbus and Leonardo will advance to the next phase of an estimated $1.15 billion acquisition program to replace the U.K. air force’s Puma HC.2 medium support helicopter platform, Breaking Defense reported Wednesday. A British defense ministry spokesperson said the agency intends to ask all four c...
