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Leidos subsidiary Dynetics, a company specializing in hypersonics, has received a $670.5 million cost-plus-fixed-fee contract to supply the U.S. Army with the common-hypersonic glide body and thermal protection system. Dynetics Contract Scope Dynetics will perform work at its headquarters in Huntsville, Alabama. The project is expected to ...
Leonid Capital Partners has raised more than $265 million for its evergreen fund, exceeding its fundraising goals for 2024. “This milestone marks a belief in our work and the continued demand for credit investment among companies that do mission critical and groundbreaking work across the government ecosystem,” LCP Co-Founder Chris Lay said ...
RTX business Raytheon has received two U.S. Navy contracts worth $360.4 million combined to repair, replace and upgrade parts within two of the 13 major subsystems of the Aegis weapon system. The Department of Defense said Thursday the awards cover support for two major Aegis subsystems: the MK99 fire control system and the Army Navy...
The U.S. Air Force has awarded five companies positions on a potential 10-year, $751 million contract for depot maintenance support services. The Department of Defense said Wednesday the Air Force Sustainment Center launched a competitive acquisition process for the Depot Onsite Contract Augmentee Teams Fifth Generation program, also called DOCAT 5,...
Gunnison Consulting Group has secured a five-year contract from the State Department to provide cybersecurity support services for the Bureau of Consular Affairs. The McLean, Virginia-based company said Thursday it will implement a zero trust strategy to help the department’s Consular Systems Technology Chief Information Security Officer impro...
Snowflake has agreed to acquire Datavolo, a provider of a single platform developed to automate and manage structured and unstructured data flows between enterprise data sources. The artificial intelligence data cloud company said Wednesday the move is aimed at deepening its service in the ‘bronze layer’ of the data lifecycle and enabling data e...
Prism Maritime has secured a $25.5 million cost-plus-fixed-fee contract from the U.S. Navy to provide alteration installation team and in-service engineering agent support. The Department of Defense said Wednesday that the contract includes options that, if exercised, will bring the total value of the effort to $218.4 million. Under the contract, th...
Cadmus, a technology-empowered strategic consulting firm serving government, commercial, and non-governmental organizations worldwide, has won an Asia Futures Activity contract valued at $150 million to provide services supporting the initiatives of the U.S. Agency for International Development. The Arlington, Virginia-based contractor sai...
Kenneth Hofgesang Jr., a more than 20-year industry veteran, has been appointed vice president of health at RELI Group. The Baltimore, Maryland-based business conglomerate said Hofgesang’s appointment became official Wednesday. In his new role, the executive will leverage his extensive experience in account and project management, busine...
CoreStack has acquired Virginia-based GovCon company Karthik Consulting to support its expansion efforts in the federal sector and cloud-native application protection platform, or CNAPP, market. Bellevue, Washington-based CoreStack said Wednesday the transaction will enable it to harness the consulting firm’s software factory capabilities to advan...
