The State Department has approved a pair of proposed agreements worth $440.2 million combined to sell ammunition and logistics supply support to Taiwan. Taiwan’s economic and cultural representative office asked to procure various unclassified 30 mm ammunition, including multi-purpose rounds, high explosive incendiary-tracer rounds and trainin...
The federal government allocates substantial financial services amounting to millions and even billions of dollars to procure a diverse range of services encompassing defense, weaponry, healthcare, cybersecurity, space missions, and more. Federal agencies enter into contracts with private companies that offer these specialized services to accomplish...
The Space Development Agency has issued a solicitation for other transaction agreement proposals to build a space vehicle variant for the second tranche of its planned transport layer for a proliferated constellation of satellites in low-Earth orbit. SDA intends to work with small businesses and wants the involvement of at least one nonprofit resear...
Eleven companies will continue providing the U.S. Transportation Command with logistics services under a Multimodal Transportation Program contract modification. The award has a combined option value of $178.5 million and a 24-month additional period that could bring the potential contract value to $457.2 million if exercised, the Defense Department...
Lockheed Martin (NYSE: LMT) will develop a long-range electronic warfare system prototype for the second phase of a U.S. Army program aimed at providing higher echelons with situational awareness through the detection and disruption of signals of interest from adversaries. The Terrestrial Layer System-Echelons Above Brigade is designed to support EW...
The U.S. Department of Defense’s high-level technology incubation arm, the Defense Advanced Research Projects Agency, was formed in early 1958 in response to the Soviet Union’s launch of the first artificial Earth satellite: Sputnik 1. Now, DARPA officials are seeing the viability of the Soviet Union’s space program nearly seven decades ago re...
Michael Tarulli, a senior investment banker at Goldman Sachs Group (NYSE: GS) and a 2023 Wash100 Award recipient, has been appointed a senior managing director at global independent investment banking advisory firm Evercore, Bloomberg Law reported Tuesday. Tarulli has been serving as managing director and global head of aerospace, defense and govern...
General Dynamics‘ (NYSE: GD) land systems division and American Rheinmetall Vehicles will move into the next phases of an industry competition to replace the U.S. Army’s Bradley Fighting Vehicle platform under separate contracts worth a combined $1.6 billion. The two manufacturers will conduct detailed design, prototype build and testing...
The U.S. Navy’s Flank Speed cloud platform was introduced about two years ago, in May 2021, and has reportedly helped bring about a wave of positive technological change for the service branch. A collaboration with Microsoft 365, Flank Speed has seen the transition of over 530,000 users to its common suite of tools and shared digital...
Forty-six companies have won spots on a follow-on $1 billion U.S. Air Force contract vehicle to develop testing and evaluation platforms for weapons systems. Contractors will compete for delivery orders to provide highly specialized technologies that could support the branch’s developmental and operational test requirements under the Test &...
