Odyssey Systems Consulting Group has secured a U.S. Air Force contract worth $531 million contract to provide advisory and assistance services for the branch’s Program Executive Officer for Intelligence, Surveillance, Reconnaissance and Special Operations Forces over a five-year period. The company said Monday it will perform specialty enginee...
Parsons has acquired BCC Engineering for $230 million. The defense and intelligence technology provider based in Chantilly, Virginia, said Friday the all-cash transaction is aimed at strengthening its position as a leader in the infrastructure market and expanding its presence across the Southeastern United States. The companies initiated the ...
Executive Mosaic’s GovCon Index posted a second straight weekly loss despite recovering from Thursday’s steep 2.26% decline. The index, which tracks the stock performances of 30 major contractors, closed slightly higher at $5,375.43 (+0.37%) on Friday but lost 2.12% overall for the week. Its year-to-date gain is +15.14% from +20.34% two ...
The General Services Administration has awarded a $568.7 million contract to Viasat to support the continued migration of the command, control, communications, computers, combat systems, intelligence, surveillance and reconnaissance capabilities from special forces to general purpose forces. According to an award notice posted on SAM.gov, the ...
CACI International, an IT and services company, has booked a potential $226 million task order for a range of support services to enhance the capabilities of the U.S. Southern Command Operations. The company said Thursday it will leverage its know-how of systems, processes and partnerships to boost USSOUTHCOM’s capabilities under the five...
CACI International has completed its acquisition of Azure Summit Technology, a developer of high-performance radio frequency, for approximately $1.28 billion. The Reston, Virginia-headquartered defense contractor said Wednesday the all-cash transaction expands its portfolio of offerings, particularly into the maritime and airborne markets. In his st...
The public and private sectors are both barrelling forward with regard to artificial intelligence in recent years, especially with the proliferation of generative AI. But the Transportation Security Administration is taking a more measured approach that puts people — their understanding, well-being and productivity — at the forefront, the a...
The Department of Homeland Security is making moves to adapt to the changing homeland security landscape. Agencies across the department have updated their strategic plans to reflect the demands of this technology-driven era of competition. While agency-specific strategies may differ slightly, an emphasis on partnerships has emerged as a common thre...
The State Department has approved Taiwan’s two foreign military sales requests worth approximately $2 billion combined for National Advanced Surface-to-Air Missile Systems, AN/TPS-77 and AN/TPS-78 radar turnkey systems, related equipment and services. The Defense Security Cooperation Agency said Friday it has already notified Congress of the propo...
The Centers for Medicare and Medicaid Services has named IT executive Patrick Newbold as chief information officer, effective Nov. 4, Federal News Network reported Friday. Newbold will join CMS from NASA, where he serves as deputy CIO. The CIO position at CMS has been open since November when Rajiv Uppal stepped down to serve in...
