The U.S. Air Force has decided to cancel a potential 10-year, $5.3 billion indefinite-delivery/indefinite-quantity contract for enterprise cybersecurity support services due to its inability to achieve a “manageable number of prime contract awards” using the established procurement strategy and source selection evaluation procedures. The service...
Lisa Mascolo, a more than 20-year technology industry veteran, has been named CEO of GCOM following the government technology firm’s merger with information technology consulting services provider OnCore Consulting. Mascolo, a two-time Wash100 awardee who serves on the board of directors of the combined company, succeeds Kamal Bherwani, who wi...
HiddenLayer, a provider of cybersecurity tools for artificial intelligence applications, has raised $50 million in a Series A funding round co-led by Microsoft‘s (Nasdaq: MSFT) venture capital arm M12 and Moore Strategic Ventures. The AI security company said Tuesday it will use the capital to advance the development of its machine learning se...
On October 24, Potomac Officers Club will host the next in its series of riveting, topical government contracting events: the Achieving Transformative Cooperation for National Defense Forum. Registration is now open, with only limited seats available. This extremely relevant morning (7 a.m. – 10 a.m.) event is brought to you in colla...
Saab‘s U.S. business arm has booked a $104 million order to supply the Department of Defense with AT4 anti-tank weapon systems and Carl-Gustaf ammunition between 2024 and 2026. The contract extends an indefinite-delivery/indefinite-quantity framework agreement signed by DOD and Saab in 2019, which could increase in value by $422 million, the c...
United States military officials say the People’s Republic of China has built up its power by observing the economic and governmental behaviors of the U.S. for the last 30 years and taking rigorous notes, adapting and integrating what they’ve found into their own agenda. In recent times, the Chinese government has taken a particular interest...
Logistics are a crucial part of ensuring military readiness, and in an era of increasing competition, attacks on these operations can have heavy consequences. Today, many threats to logistics success are digital, and the U.S. Department of Defense is embracing data to properly address these challenges. According to Maj. Gen. David Sanford,...
RTX (NYSE: RTX) and Lockheed Martin (NYSE: LMT) won other transaction authority agreements with a combined value of more than $730 million to perform necessary upgrades and replacement of FIM-92 Stinger missiles for the U.S. Army. RTX is expected to complete the OTA by March 2028, while Lockheed has until June 2028 to fulfill the...
Northrop Grumman (NYSE: NOC) has booked a five-year, $458.2 million order to modernize the navigation, controls, tactical mission computer and display systems of the U.S. Navy’s E-2D Advanced Hawkeye aircraft. Under the sole-source award that the Naval Air Systems Command issued against a basic ordering agreement, Northrop will be responsible...
General Dynamics‘ (NYSE: GD) mission systems business has secured a potential $226.5 million indefinite-delivery/indefinite-quantity contract to produce components of the global aircrew strategic network terminal system for the U.S. Air Force. GDMS will manufacture high-altitude electromagnetic pulse and radiation-hardened general area alertin...
