Parsons has acquired Chesapeake Technology International, a Bluestone Investment Partners portfolio company, for approximately $89 million as part of a push to expand its electromagnetic warfare and all-domain offerings for the U.S. defense market. Parsons said Tuesday the transaction aligns with its strategy of broadening its portfolio of critical ...
General Dynamics Land Systems has secured a cost-plus-fixed-fee, cost-plus-incentive-fee contract valued at $150 million to support the Abrams Engineering Program. The Department of Defense said work on the contract will be performed at the company’s facility in Sterling Heights, Michigan, until June 2027. The Army solicited bids f...
The Department of State has approved Israel’s $510 million foreign military sale request to procure munitions guidance kits, munitions support and related equipment. Israel intends to buy 3,845 Joint Direct Attack Munition guidance kits for the BLU-109 bomb body and 3,280 JDAM guidance kits for the MK 82 bomb body, the Defense Security Cooperation...
Hewlett Packard Enterprise and Juniper Networks have reached a settlement with the Department of Justice, paving the way for HPE to finalize its proposed $14 billion acquisition of the networking products provider. HPE President and CEO Antonio Neri welcomed the agreement with DOJ, saying it maintains the transaction’s intended benefits to sha...
The U.S. Army has awarded Raytheon a $279.2 million cost-plus-fixed-fee contract to provide functional management support for the Land-based Phalanx Weapon System. Work locations and funding will be determined with each order, with an estimated completion date of July 7, 2030, the Department of Defense said. The Army Contracting Command, located at ...
Andy Green, president of the mission technologies division and executive vice president of HII, has accepted the 2025 Wash100 Award from Jim Garrettson, CEO of Executive Mosaic. The Wash100 Award is conferred annually to 100 government and government contracting leaders for driving innovation and growth within their respective organizations and thei...
Dataminr has appointed Tiffany Buchanan as chief financial officer, responsible for scaling the company’s financial operations and enhancing its readiness for future capital market opportunities. Tiffany Buchanan’s Career Highlights Buchanan assumed her new role after 13 years at CrowdStrike, where she held various leadership positions, ...
Lockheed Martin has completed its acquisition of the Rapid Solutions business unit of Amentum. Lockheed said Thursday the move is intended to integrate the engineering and technology services company’s advanced space and airborne mission capabilities into its existing technology portfolio, strengthening its ability to support nationa...
By Kim Koster, vice president of industry marketing at Unanet In government contracting, how you structure your project management office can significantly impact project delivery, compliance and profitability. One of the most debated decisions among GovCon leaders is whether to operate a centralized or decentralized PMO. We are ...
Science Applications International Corp. will support the U.S. Air Force Tactical Exploitation of National Capabilities in prototyping warfighting capabilities under a five-year, $928 million Hyper-Innovative Operational Prototype Engineering 2.0 contract. Air and space defense is a critical component of national security and is becoming increasingl...
