The $25 billion provided for the U.S. Coast Guard in the One Big Beautiful Bill Act is the largest investment in the service’s history, Homeland Security Secretary Kristi Noem told a packed ballroom on Wednesday during her keynote address at the Potomac Officers Club’s 2025 Homeland Security Summit. Noem, who received two standing ovat...
BAE Systems has been awarded a potential $139.1 million contract by the U.S. Naval Sea Systems Command, or NAVSEA, to deliver maintenance, modernization and repair services for the USS Forrest Sherman (DDG 98). What Is the Scope of the USS Forrest Sherman FY26 DMP Contract? According to the award notice posted Wednesday on SAM.gov, BAE Systems&...
Akima subsidiary Pinnacle Solutions has received a potential $369 million delivery order from the U.S. Air Force to design, develop and deliver the T-7A Maintenance Training System, or MTS. Akima said Wednesday the Training Systems Acquisition IV, or TSA IV, delivery order has a performance period of seven and a half years, if all options...
Forterra has secured $238 million in Series C equity and debt financing to expand its autonomous mission systems for defense and logistics applications. Moore Strategic Ventures led the funding round with new investors Salesforce Ventures, Franklin Templeton, Balyasny Asset Management, 645 Ventures, Hanwha Asset Management, 9Yards Capital and NightD...
Maximus has appointed Mike Keefe as chief growth officer for federal services. Keefe will oversee growth strategy, business development and capture management spanning the civilian, health, defense and national security sectors, Maximus said Wednesday. Utilizing more than 20 years of experience in analytics, program leadership and sales, he wil...
Veritas Capital announced that affiliates of its Vantage Fund have agreed to acquire artificial intelligence-enabled digital transformation services provider MetroStar Systems for an undisclosed sum. Join us for the Potomac Officers Club’s 2026 Artificial Intelligence Summit on March 19, featuring top voices from agencies and industry. Registe...
ARMADA Parent, a provider of ship repair and construction services for the U.S. Navy, has acquired Virginia-based Poseidon Industrial to expand its maritime modernization and technical service capabilities across defense programs. How Will the Acquisition Strengthen ARMADA? The acquisition adds Poseidon to ARMADA’s network of operating compani...
The Department of State has approved a potential foreign military sale of AIM-9X Block II Sidewinder tactical missiles and related support equipment valued at an estimated $318.4 million to the government of Denmark. RTX will serve as the principal contractor of the proposed FMS, the Defense Security Cooperation Agency said Wednesday. What Does the ...
The Department of Homeland Security’s Immigration and Customs Enforcement has started soliciting proposals for a potential two-year, $180 million contract to provide skip tracing services. According to a solicitation notice published Monday on SAM.gov, the indefinite-delivery/indefinite-quantity contract has a one-year base period and on...
The Customs and Border Protection Air and Marine Operations Division plans to issue a solicitation in early 2026 to recompete a contract valued at over $100 million for the configuration and management of up to 10 Airbus H125 Light Enforcement Helicopters and the supply of related equipment. Modern border security relies on technology and aeri...
