General Atomics’ aeronautical systems business unit has secured a $52.9 million contract to help the U.S. Army sustain its fleet of MQ-1C Gray Eagle unmanned aircraft systems. Under the five-year contract, General Atomics Aeronautical Systems will perform sustainment and logistics support for Gray Eagle at its facility in Poway, California, the De...
Executive Mosaic’s GovCon Index advanced 1.08% before the weekend and averted a third consecutive losing week. The index, which tracks the stock performances of 30 major government contractors, ended at $4,786.97 for a 0.13% week-on-week gain. Wall Street concluded the week with a tech sell-off, and only the Dow Jones Industrial Average (+0.01%) ...
Sebastian Sobolev, a cybersecurity and data analytics professional, has been appointed vice president of product at New York-based cloud-native cyber defense platforms provider BlueVoyant. He announced his new position in a LinkedIn post published Thursday. Prior to his current position, Sobolev was chief technology officer at BlueVoyant’s governm...
Iridium Communications (Nasdaq: IRDM) presented its Q1 2024 financial results, in which total revenue reacched $203.9 million, although slightly lower by 0.7 percent from a year ago. Notably, the voice and data satellite communications provider’s net income increased 101.1 percent year-over-year to $19.65 million, while the subscriber base g...
L3Harris Technologies (NYSE: LHX) has secured a potential $187 million contract to continue helping the U.S. Space Force maintain and upgrade its space surveillance systems and command centers dedicated to providing space domain awareness for military and civilian users. The award exercises the option year five of the potential 10-year, $1.2 billion...
Daniel Bono, formerly vice president at CACI International (NYSE: CACI), has been named senior VP of intelligence solutions at Two Six Technologies, succeeding Chris Greenlee, who transitioned to the role of VP of zero trust solutions. In his new role, Bono will oversee the company’s Trusted Concepts business unit that offers cyber, advanced a...
Deloitte Consulting will provide advanced manufacturing support and enterprisewide digital manufacturing data vault capabilities and services under a potential seven-year, $99.8 million other transaction production agreement with the U.S. Navy. The majority of the contract work will occur in Arlington, Virginia, through April 2031, the Department of...
Artificial intelligence has unlocked a myriad of threats and opportunities in the last two years with the acceleration of technological innovation in the AI space. Today, generative AI tools and large language models are still nascent and risky — but government leaders are seeing promise for the technology’s future. Defense Intelligence Agency C...
Godspeed Capital Management has partnered with Special Aerospace Services to establish a new platform focused on delivering space engineering, missile defense, hypersonics and communications technologies to U.S. defense and intelligence community agencies and commercial space clients. Heather Bulk, co-founder and CEO of SAS, will lead the new platfo...
The U.S. Army has started soliciting information from stakeholders to help inform its acquisition approach for the planned Army Contracting Command Enterprise for Sourcing Services procurement program, also known as ACCESS. ACCESS will be the successor to the multiple-award Responsive Strategic Sourcing for Services indefinite-delivery/indefinite-qu...
