Commerce Secretary Howard Lutnick said top Department of Defense officials are “thinking about” whether the U.S. should take equity stakes in defense contractors like Lockheed Martin, CNBC reported Tuesday. In an interview on CNBC’s Squawk Box, Lutnick said Lockheed is “basically an arm of the U.S. government.” “B...
The Department of Veterans Affairs has selected nine companies for the potential 10-year, $14 billion multiple-award Integrated Healthcare Transformation follow-on contract. by delivering Hear experts discuss the latest tech advancements, contracting opportunities, policies and more at the Potomac Officers Club’s 2025 Healthcare Summit on Dec....
OneOmega has secured a $160 million contract from the U.S. Coast Guard to provide information assurance and support services involving tasks that ensure compliance with the National Institute of Standards and Technology Risk Management Framework. Learn about the latest in U.S. homeland security programs, efforts and strategic initiatives at the 2025...
The U.S. government has agreed to acquire a 9.9 percent stake in Intel through an $8.9 billion investment in the technology company’s common stock to help achieve U.S. technology leadership and expand the domestic semiconductor industry. Intel said Friday the investment will be funded by $5.7 billion in remaining CHIPS and Science Act grants and...
Judy Lewis, an experienced defense industry executive, has joined ASRC Federal as vice president of business development for defense and intel sectors. She confirmed her new role in a LinkedIn post Wednesday. Who is Judy Lewis? The executive comes to ASRC Federal from BAE Systems, where she served as VP of business winning for a...
Tech7, a defense and national security sector innovator, has secured a $489 million contract from the General Services Administration for the development and deployment of the Tech7 Reporting Analysis Commercial Extension, or TRACE 2.0. The Colorado Springs-based company said Tuesday the indefinite-delivery/indefinite-quantity contract, under...
Swingtech announced on LinkedIn Wednesday that Farhan Khan has been appointed chief AI transformation officer. Khan brings over 24 years of experience in the government and private sectors. He has deep knowledge of IT operations, application development, cloud computing, digital transformation, enterprise architecture and innovation across...
The Federal Aviation Administration has started soliciting proposals for a potential 10-year, $4.1 billion acquisition vehicle for commercial off-the-shelf hardware, software and related IT equipment and services. According to a screening information request published Aug. 7 on SAM.gov, offers for the Strategic Sourcing for the Acquisition of Variou...
V2X has recruited Stan Budraitis, a retired U.S. Army aviator, as vice president of business development for Army aviation programs. Budraitis brings to the role 35 years of service at the U.S. Army. “I’m truly excited to be part of the V2X team,” he wrote on LinkedIn. “It’s an impressive company with unique capabilitie...
The General Services Administration has issued a request for information for the next iteration of the Second Generation Information Technology, or 2GIT, blanket purchase agreement. GSA said Wednesday responses to the RFI are due Aug. 22. The agency said it will continue to work with Department of Defense agencies on the new iteration of 2GIT...
