Southcoast Welding and Manufacturing has won spots on a pair of multiple-award contracts worth potentially $1.19 billion combined to repair, maintain and update non-nuclear surface combatant and amphibious ships that are visiting or stationed at the U.S. Navy’s San Diego base. Naval Sea Systems Command received seven offers for the lots I and ...
Allied Motion Technologies (Nasdaq: AMOT) has acquired electrical drive systems provider FPH Group for an undisclosed sum as part of efforts to expand its presence in the defense market. “This acquisition is an excellent strategic fit as it provides us with a deeper penetration within defense applications including the necessary manufacturing lice...
The Defense Threat Reduction Agency has issued a request for proposals for a potential 10-year, $4 billion contract to research, develop, test and evaluate scientific and technological platforms meant to help the Department of Defense counter and deter weapons of mass destruction. The Combating Weapons of Mass Destruction program is a multiple-award...
Todd Probert, president of CACI International’s national security and innovative solutions business, was presented his 2022 Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office. Executive Mosiac recognizes Todd Probert as a two-time Wash100 Award winner for leading NSIS’ growth efforts in t...
Semiconductor company Broadcom (Nasdaq: AVGO) has agreed to acquire multicloud services provider VMware (NYSE: VMW) in a cash-and-stock transaction valued at approximately $61 billion as part of Broadcom’s strategy to establish a leading infrastructure technology company. The boards of directors of both companies unanimously approved the deal that...
Leidos (NYSE: LDOS) will maintain surface ship undersea warfare systems for the U.S. Navy and the governments of Australia and Japan under a contract worth potentially $291.9 million. The company will install AN/SQQ-89 combat system shipset hardware and perform logistics support work under the contract with an initial value of $24 million, the Depar...
GovCon Expert Steve Orrin, chief technology officer and senior principal engineer at Intel Federal, recently spoke with GovCon Wire regarding the challenges that government agencies and federal organizations are facing to implement zero-trust architectures and refocus their data security. In addition, GovCon Expert Steve Orrin also discussed the v...
The federal government gives away hundreds of billions of dollars in contracts each year. In fact, government spending on contracts amounted to $682 billion in 2020, which is the highest one recorded in the last five years. However, spending data is hard to find, and it isn’t easy to get an accurate picture of where...
Brightstar Capital Partners has wrapped up the partnership of its portfolio company ERC with Oasis Systems in a move aimed to combine complementary service offerings for federal and defense agencies. The combination came a month after Brightstar agreed to buy and merge Oasis Systems with ERC. ERC-Oasis will provide support services in various areas ...
As the U.S. Army forges ahead with its transformational modernization efforts, the service is focusing on data and leveraging it as a center of gravity for a host of critical capabilities. According to the Army Digital Transformation Strategy, published in October 2021, “The Army must adapt a data-driven mindset and embrace digital transforma...
