The State Department has approved two foreign military sale agreements worth $1.95 billion combined to provide UH-60M Black Hawk helicopters and related equipment to the governments of Austria and Sweden. Austria asked to procure 12 UH-60M aircraft, manufactured by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary, and their associated compone...
A Palantir Technologies (NYSE: PLTR) subsidiary has received a five-year, $480 million firm-fixed-price contract from the U.S. Army for the Maven Smart System prototype. The Department of Defense said Wednesday Palo Alto, California-headquartered Palantir USG is expected to complete contract work by May 28, 2029, at work locations yet to be determin...
Naval Information Warfare Center Pacific has released a draft solicitation for a small business set-aside contract to provide enterprise support and engineering services for Microsoft products and cloud services to defense and intelligence agencies. A notice posted Tuesday on SAM.gov states that the Microsoft Enterprise Services II—Small Business ...
Private equity management firm Bernhard Capital Partners has expanded its government services platform with its purchase of Apogee Engineering. Apogee supports federal government customers by providing critical platforms and services across the areas of cybersecurity, technology modernization and integration and program management, BCP said Tuesday....
Kelly Demaitre, a more than two-decade human resource management leader, has joined the executive leadership team of ECS as senior vice president of human capital. She will oversee HR, recruitment and culture- and career-building initiatives and help attract and retain business and technology talent to advance corporate growth, ECS said Tuesday. “...
Cerberus Capital Management has acquired a controlling interest in M1 Support Services, a Denton, Texas-headquartered provider of maintenance, repair and overhaul services for military aircraft and aviation programs. George Krivo, a managing director for Cerberus Operations, will serve as CEO of M1 and co-founders Kathy Hildreth and Bill Shelt will ...
The Senate has confirmed Melissa Dalton to become the under secretary of the Air Force, responsible for helping the secretary manage the Department of the Air Force and organize, train and equip the U.S. Air Force and Space Force. Dalton received a nomination from President Joe Biden in September 2023 to be DAF’s second highest-ranking...
A report by financial services company Raymond James (NYSE: RJF) shows that there were 76 mergers and acquisitions in the defense and space industry during the first quarter of 2024, a 55 percent increase from the same period the previous year and a 31 percent rise from the previous quarter. Defense and Space M&A Activity...
Fincantieri’s U.S. business arm has secured a $1.04 billion modification to a U.S. Navy contract to design and build the service branch’s fifth and sixth Constellation-class guided-missile frigates. Fincantieri Marinette Marine will perform detail design and construction services for the FFG 66 and FFG 67 under the fixed-price incentive cont...
NASA has issued the final request for proposals for the sixth iteration of the Solutions for Enterprise-Wide Procurement contract, which seeks to support federal agencies by serving as an acquisition vehicle for information technology products and services. According to the final RFP published Thursday on SAM.gov, SEWP VI is a governmentwide acquisi...
