Intel has received up to $7.86 billion in CHIPS and Science Act direct funding from the Department of Commerce to support its semiconductor manufacturing and advanced packaging projects in Arizona, New Mexico, Ohio and Oregon. The technology company said Tuesday it will also claim a 25 percent investment tax credit from the Department of the...
Matthew Finney, former senior engagement manager at McKinsey & Co.’s QuantumBlack division, has been appointed vice president of generative artificial intelligence at LMI. The Virginia-based management consulting firm said on LinkedIn Tuesday that Finney will lead its generative AI practice, LIGER, as it continues to advance...
General Dynamics Information Technology has secured two task orders worth $330 million from the Army Contracting Command – Orlando for mission training complexes support services. The General Dynamics business unit said Tuesday that task orders, awarded under the Mission Training Complex Capabilities Support II indefinite-delivery/indefinite-q...
Vishal Ranjan has been elevated to the role of senior vice president of consulting services at CGI, according to the executive’s LinkedIn post shared Tuesday. Vishal Ranjan’s 20-Year CGI Career Ranjan is an industry veteran with over 20 years of experience in IT services and management. Over the last two decades, he has dedicated hi...
The U.S. Navy has awarded Rolls-Royce a potential two-year, $695.3 million contract to provide sustainment, program management and integrated logistics support services for engines used to power the Osprey tiltrotor military transport and cargo aircraft. The Department of Defense said Tuesday the firm-fixed price, indefinite-delivery/indefinite-quan...
Tria Federal has appointed IT executive Michael Anderson as executive vice president of public safety. Anderson brings to the role over 23 years of experience managing digital transformation programs and mission-critical operations for the government, private sector and nonprofit organizations, the company said Tuesday. Advancing Digital Transformat...
Scott McIntyre is a big believer in culture and the more intangible foundations that power a company. The Guidehouse CEO and eight-time Wash100 Award winner says that some commentators and statisticians have “lots of data” to back up the idea that “the new dynamic of selling isn’t relationship-building, it isn’t quality, ...
Boeing has secured a contract modification valued at $1.68 billion to manufacture and deliver seven Lot 13 P-8A Poseidon maritime patrol aircraft to the U.S. Navy. The Department of Defense said Thursday the deal includes foreign military sales of non-recurring engineering for the governments of Canada and Germany. Work will be performed in Se...
The Department of Commerce is investing up to $300 million to accelerate the development of technologies to boost the semiconductor industry. The department said Thursday the three entities receiving up to $100 million in federal funding each will conduct advanced packaging research projects meant to boost innovation in semiconductor research, ...
Executive Mosaic’s GovCon Index ended higher Friday at $5,212.93 (+0.37%) as it continues to rebound from its worst weekly performance. The index, which tracks the stock performances of 30 major government contractors, advanced 1.05% for the week following positive returns since Wednesday. Wall Street’s post-election rally is over, although the ...
