Lockheed Martin (NYSE: LMT) and Raytheon Technologies‘ (NYSE: RTX) Javelin Joint Venture received a pair of contracts worth potentially $309 million combined from the U.S. Army to produce anti-tank weapon systems. The partnership could manufacture more than 1,300 Javelin missiles with appropriations under the Ukraine Supplemental Appropriation...
Carlyle Group (Nasdaq: CG) is preparing to buy ManTech International (Nasdaq: MANT) and an acquisition of the Herndon, Virginia-based government services contractor by the global investment firm could be worth $4 billion, Bloomberg reported Sunday. Friday’s closing price for ManTech stock was $81.97, which gave the company a market value of $3...
Wireless infrastructure provider Mobilitie has acquired broadband company Signal Point Systems for an undisclosed amount in a move to bring connectivity services to U.S. military installations and other Department of Defense facilities. Mobilitie said Thursday it will integrate operations of the two companies to continue providing broadband communic...
President Joe Biden has nominated Maj. Gen. Michael Schmidt to serve as director of the Joint Strike Fighter Program Office in Arlington, Virginia. The Department of Defense said Thursday that Schmidt will receive a promotion to the rank of lieutenant general along with his new assignment. He is currently serving as program executive officer for...
Cardinal Health and Owens & Minor have received separate contract modifications potentially worth $3.38 billion combined from the Defense Logistics Agency to continue providing medical-surgical products to military and federal civilian customers. DLA exercised the second 30-month option period of indefinite-delivery/indefinite-quantity contracts...
LookingGlass Cyber Solutions has agreed to acquire business intelligence and strategic advisory firm Next5 for an undisclosed sum as part of efforts to pursue growth, expand its line of cybersecurity platforms and support its customers in navigating cyberthreats and meeting their missions. Bryan Ware, founder and CEO of Next5, will serve as CEO of L...
The Department of Defense’s research and engineering office has made changes to its organization to help DOD speed up the transition of technologies into capabilities for warfighters. DOD said Tuesday the office redesignated the three directors of defense R&E as deputy chief technology officers. The deputy CTO for science and technology, forme...
Jerry Wohletz, a senior executive at BAE Systems’ U.S. subsidiary, will assume the role of president and CEO of Draper on June 27. He succeeds William LaPlante, a 2022 Wash100 awardee and who left Draper in April after the Senate confirmed him to serve as undersecretary for acquisition and sustainment at the Department of Defense,...
Forcepoint‘s federal business will deliver a user activity monitoring tool to the Department of Defense’s combatant commands and fourth estate organizational entities under an $89.1 million contract from the Defense Information Systems Agency. DOD said Monday the Defense Information Technology Contracting Organization received two proposals ...
Salas O’Brien, an engineering and facility planning services provider, has merged with Nelson Engineering to create a combined company that will serve federal clients and represent more than 50 offices. The merger brings the combined entity’s workforce headcount to 1,500, including 360 registered professionals, and aims to provide multi-discipli...
