The National Defense Authorization Act for Fiscal Year 2024 was signed into law at the end of 2023. Among its various mandates were that the Department of Defense cultivate private 5G networks at its service branch bases and outposts. These bases total around 800 globally, representing a clear opportunity for telecommunications providers to offer th...
Executive Mosaic’s GovCon Index capped the week with a fourth consecutive daily gain. The modest gains in four of five trading sessions were enough to close a fifth consecutive winning week. The index, which tracks the stock performances of 30 major government contractors, closed at $5,051.61 or +0.38% week-on-week. The blue-chip Dow Jones Indust...
Valkyrie Enterprises has acquired Ship to Shore in a transaction that expands its corrosion-inhibiting products and remediation support services for the Department of Defense and other national security customers and industrial sectors. Virginia-based Valkyrie said Wednesday the corrosion-inhibiting products and related capabilities of S2S will be p...
The National Oceanic and Atmospheric Administration has issued a draft request for proposals for a 10-year follow-on contract for professional, technical and scientific services in the weather domain. According to the draft RFP published Friday, the ProTech 2.0 Weather Domain is a multiple-award, indefinite-delivery/indefinite-quantity contract set ...
Mark Santamaria, formerly senior vice president and chief financial officer at CAES, has assumed the CFO role at Austal‘s shipbuilding arm in the U.S. He has three decades of experience in finance and executive leadership, including more than 20 years at Lockheed Martin (NYSE: LMT), where he was divisional CFO, Austal USA said Thursday. “We...
U.S. Transportation Command has awarded 29 companies spots on a five-year, $710 million indefinite-delivery/indefinite-quantity contract to provide commercial seaport operations and transportation services in locations outside the continental U.S. The contractors will help operate seaports located within one of the designated geographic regions assi...
Venk Nathamuni, a senior finance executive, will take on the role of chief financial officer at Jacobs (NYSE: J) on June 3. He will bring to the position over three decades of leadership experience in finance and will oversee the implementation of the company’s business and financial strategy, capital allocation and investor relations initiatives ...
Venice Goodwine, chief information officer at the Department of the Air Force, is looking to expand the use of cloud services across the Air Force to include classified networks and applications in the tactical edge to address warfighters’ data needs, Federal News Network reported Thursday. Speaking at a recent Air Force-related event, Goodwin...
Abt Global, which rebranded from Abt Associates, has acquired information technology transformation company TSPi in an effort to advance citizen-centric, data-driven products and services for its customers. The Rockville, Maryland-based consulting and research firm said Thursday TSPi provides public sector agencies with secure digital offerings in s...
The U.S. Customs and Border Protection has announced plans to award Leidos (NYSE: LDOS) a recompete contract for corrective and preventive maintenance support services for CBP’s non-intrusive inspection systems and radiation detection equipment deployed at ports and borders. CBP intends to award the follow-on contract by the fourth quarter of ...
