Executive Mosaic’s GovCon Index rose 0.46% to $4,896.02 Friday as 22 of its constituents advanced. However, the index, which tracks the stock performances of 30 major government contractors, still ended 1.35% lower week-on-week due to the weak start in April. Wall Street’s major indexes closed the week with losses despite bouncing back from thei...
Srinivas Attili, formerly a partner at McKinsey & Company, has been appointed executive vice president of the civilian business group at Science Applications International Corp. (NYSE: SAIC). He will assume his new post on May 6 and report to SAIC CEO Toni Townes-Whitley as he oversees the newly established unit that encompasses the company̵...
Six companies have won spots on a potential $2 billion follow-on indefinite-delivery/indefinite-quantity contract to provide the Naval Facilities Engineering Systems Command Pacific with incidental facility construction services. The third iteration of the Global Contingency Services Multiple Award Contract covers short-term facility support service...
Concurrent Technologies Corp. has promoted executive directors Kevin Pudliner and Susan Van Scoyoc to vice president of the information technology division and vice president of the energy, resilience, and sustainability division, respectively. The leadership changes will take effect on July 1, CTC said Thursday. Pudliner and Van Scoyoc, along with ...
Battelle has received a potential seven-year, $350 million contract from U.S. Special Operations Command for the acquisition of nonstandard commercial vehicles. The indefinite-delivery/indefinite-quantity contract covers lifecycle replacement of USSOCOM’s fleet of NSCVs, ancillary vehicle modifications and supply of armament, communications an...
TCOM has acquired Equinox Innovative Systems, a Columbia, Maryland-based manufacturer of multi-rotor unmanned aerial vehicles, in a transaction aimed at expanding the former’s technology offerings to include tethered and untethered drone systems. The financial terms of the deal were not disclosed and TCOM said Tuesday that Equinox will bring a...
NASA has awarded Intuitive Machines, Lunar Outpost and Venturi Astrolab positions on a potential $4.6 billion contract to develop a lunar terrain vehicle for the space agency’s Artemis moon exploration program. The agency said Wednesday it plans to procure the LTV as a service from industry through the Lunar Terrain Vehicle Services program, a mil...
Alexandria, Virginia-headquartered small business Edgesource has acquired Newbrook Solutions, a Chantilly, Virginia-based provider of software development services to defense and intelligence agencies. Newbrook brings a team of security-cleared experts in service management, software engineering, process engineering and systems engineering and techn...
McLean, Virginia-based Iridium Communications (Nasdaq: IRDM) has closed its purchase of Satelles and launched a satellite-based time and location service as part of its portfolio of offerings. The Iridium Satellite Time and Location service works indoors and is designed to safeguard GPS and other Global Navigation Satellite Systems-reliant platforms...
Fabian Plath, formerly senior vice president of growth at federal systems integrator Tyto Athene, has been named chief growth officer at Tria Federal, a provider of information technology and advisory services to the federal government. He will support the development and implementation of the middle-market government contractor’s vision and g...
