Private investment firm CM Equity Partners has completed its acquisition of Sabre Systems from its majority owner and founder for an undisclosed sum. Established in 1989, Sabre provides technology platforms in software and systems engineering, digital transformation, cybersecurity, enterprise data management and advanced communications systems to su...
Leonardo DRS (Nasdaq: DRS) has won a potential $235.9 million contract from the U.S. Navy to produce, test and deliver AN/SPQ-9B radar systems. The Department of Defense said Tuesday Naval Sea Systems Command launched an online competitive procurement process and received two offers for the firm-fixed-price contract. The contract for the fabrication...
The U.S. government is investing heavily in collaboration, both inside and outside the nation’s borders. As the country works to revitalize its own industrial base, it is working side-by-side with allies and other international partners to stay ahead of competitors in today’s complicated geopolitical landscape. The Potomac Officers Club&...
Ibeos, formerly Cubic Aerospace, has appointed John Moberly as chief growth officer and general manager of government programs. In his new role, Moberly will oversee customer engagement and be involved in the Reston, Virginia-based spacecraft electronics provider’s product and strategy development, Ibeos said Wednesday. The executive joins Ibe...
No U.S. industry, large or small, is safe from economic espionage, according to Ryan Young, executive assistant director of the Federal Bureau of Investigation’s Intelligence Branch. Though the defense and technology industries have historically been prime targets, the People’s Republic of China — America’s “grea...
LMI will provide the U.S. Army with technical services and products under a $47.6 million contract award. The management consulting company said Wednesday its work will support the digital transformation efforts of the Deputy Assistant Secretary of the Army for Data, Engineering and Software. DASA-DES will gain access to LMI’s technical develo...
The General Services Administration has awarded Hensel Phelps Construction a potential $274.7 million contract to provide design-build services for a U.S. port of entry in Douglas, Arizona. According to an award notice published Tuesday, Hensel Phelps will work with Jones Studio and Stantec on the New Douglas Commercial Land Port of Entry project. I...
A General Dynamics (NYSE: GD) subsidiary has booked a firm-fixed-price contract from the Defense Logistics Agency to provide active protection system kits for the U.S. Army and federal civilian agencies. The Department of Defense said Tuesday the Williston, Vermont-based General Dynamics Ordnance and Tactical Systems was awa...
Australia-based communications technology company Codan Group has agreed to acquire Kagwerks as part of a push to advance its strategic growth plan, broaden its market presence and expand the capabilities of its tactical communications business unit. Codan said Wednesday Kagwerks is a developer of radio-agnostic dismounted soldier systems that deliv...
The General Services Administration has announced that offerors seeking to extend the validity of their submitted proposals for the One Acquisition Solution for Integrated Services Plus contract through April 20, 2025, should send a request letter through Oct. 8. GSA said Thursday the move only applies to vendors that submitted OASIS+ proposals by O...
