Chris Montferret, a more than two-decade veteran at General Dynamics‘ (NYSE: GD) mission systems business, was elevated to the role of vice president of strategy and business development for the maritime and strategic systems unit. In a LinkedIn post, he announced his executive move within General Dynamics Mission Systems and welcomed the oppo...
Deep Water Point, a portfolio company of Renovus Capital Partners, has agreed to buy Wolf Den Associates for an undisclosed sum as part of efforts to expand the delivery of full lifecycle growth support services to federal market customers. The transaction will combine Deep Water Point’s go-to-market strategies and market opportunity insights with...
The U.S. Army has awarded a potential $146.7 million contract to General Dynamics’ (NYSE: GD) land systems business arm to supply flat-bottom hull Stryker vehicles. The Department of Defense said Thursday the two-year firm-fixed-price contract is expected to be completed by Nov. 30, 2024, and includes orders. General Dynamics Land Systems̵...
Space Systems Command has released a new request for proposals for the Sounding Rocket Program-4 contract to expand the pool of vendors that could provide suborbital launch support for payloads and flight hardware and perform technical and concept analyses to facilitate the launch of space assets in support of research and development programs. Inte...
Lockheed Martin (NYSE: LMT) has secured a $45 million contract modification to deliver procurement and engineering support services to the U.S. Navy for small combatant propulsion system spares. The Defense Department said Wednesday the action was made under a potential $168.9 million award that could extend the performance period to October 20...
Lauren Ayers, a federal and industry acquisition and procurement executive, has joined the Professional Services Council as vice president of defense and intelligence. She oversees PSC’s policy, education and advocacy efforts in support of the Department of Defense and Intelligence Community agencies. Ayers most recently worked at the Department o...
Boeing (NYSE: BA) has reorganized its defense, space and security business by merging its eight divisions into four as part of efforts to streamline collaboration and integration. Boeing Defense, Space and Security will now operate with four divisions focused on vertical lift; mobility, surveillance and bombers; air dominance; and space, intelligenc...
C3 Integrated Solutions and Steel Root have merged to form a new entity that will provide end-to-end managed services to help defense contractors comply with the Cybersecurity Maturity Model Certification program and other regulatory standards. Marc Pantoni, former president of Thrive, has been named CEO of the combined company that will operate und...
The financial ecosystem of the government contracting landscape is constantly evolving and changing to address emerging mission needs, support new requirements and propel the nation forward in today’s era of global competition. Having been in GovCon finance for over two decades, Chris Cage is both uniquely familiar with and well-positio...
British Prime Minister Rishi Sunak said the U.K. government awarded BAE Systems a $4.9 billion contract to construct five more Type 26 frigates for the country’s naval force amid increasing threats posed by Russia. The five ships are in addition to the three vessels that are now in the construction phase, bringing the total number...
