The Javelin Joint Venture, a collaborative venture between RTX business Raytheon and Lockheed Martin, has secured two contracts worth a total of $267 million from the U.S. Army to produce Lightweight Command Launch Units. RTX said Tuesday that the first contract covers full-rate production of the LWCLU while the second contract c...
NewSpring Holdings, the majority investment strategy of private equity firm NewSpring, has acquired Xpect Solutions, a Fairfax, Virginia-based provider of enterprise IT and security services to federal agencies. NewSpring said Tuesday Xpect becomes the third company in the federal platform of NewSpring Holdings, which invests in technology-enabled s...
A joint venture between KAIVA Tech and DRT Strategies has secured a $100 million contract from the Food and Drug Administration for professional, administrative and consulting services. DRT said Tuesday KAIVA Strategies will provide the FDA with subject matter expertise and consulting in IT, science and medicine, finance, and communications over a f...
Marissa Holdorf, a human resources executive with 20 years of experience, has been named chief HR officer at Constellis, a risk management and mission support services provider. Constellis said Tuesday the new CHRO will oversee all HR-related functions, including the development and implementation of strategy, organizational structure and ...
Federal contractor Core4ce has acquired Azimuth as part of a push to expand its national security capabilities in intelligence, surveillance and reconnaissance, threat protection, artificial intelligence and machine learning and warfighter support. Core4ce said Tuesday Azimuth President and CEO Valerie Rossi will join the company as senior vice pres...
A Department of Defense report has found that defense spending in fiscal year 2023 in all 50 states and Washington, D.C., including DOD contract obligations, payroll spending and grant awards, totaled $609.2 billion, reflecting a $50.5 billion increase from the previous fiscal year and accounting for 2.2 percent of the U.S. gross domestic product. D...
The Department of Defense is sharpening its focus on partnerships to stay ahead of peer and near peer competitors. While the U.S. has a strong defense industrial base, its allies “each have their own robust defense industries and will continue to be a cornerstone of the DOD’s concept of integrated deterrence,” Travis Langster,...
The National Oceanic and Atmospheric Administration’s Office of the Chief Information Officer is seeking contractors capable of providing the agency with cloud services that comply with the security standards of the Federal Risk and Authorization Management Program, a.k.a. FedRAMP. NOAA intends to award an indefinite-delivery/indefinite-quanti...
The U.S. Army has awarded AeroVironment (Nasdaq: AVAV) an additional contract ceiling of $743 million to continue producing Switchblade loitering munition systems for the military branch and several allied countries, including Sweden, Lithuania and Romania. The company said Monday the award includes a $54.9 million delivery order issued under the pr...
The Department of Defense introduced its Chief Digital and Artificial Intelligence Office, or CDAO, in early 2022, out of a dissatisfaction with the progress made by the Joint Artificial Intelligence Center, known as the JAIC. In the two and a half years since the CDAO’s establishment, though, how much progress has the Pentagon made with...
