The defense and government investment banking team of financial services company Raymond James has released a report highlighting the financial performance of several public companies in the government contracting market, recent mergers and acquisitions and major contracts awarded in 2023....
The U.S. Air Force has chosen Expansia as a prime contractor for a $46 billion multiple-award contract that will provide for the development of novel weapons capabilities, technologies and system concepts for the service branch. Work under the Eglin Wide Agile Acquisition Contract will focus on delivering rapid responses across all phases of weapo...
Lockheed Martin's (NYSE: LMT) rotary and mission systems business has secured a potential four-year, $462.4 million contract to operate and maintain development and test sites for the U.S. Navy's Aegis combat system. Naval Sea Systems Command awarded the contract on a sole-source basis and expects work to conclude by January 2028....
Nick Trzcinski, a defense operations executive performing the duties of president at Aleut Federal since October 2023, has assumed the role full-time following the conclusion of an executive search process. Trzcinski started his career at Aleut Federal as chief operating officer in 2021....
Five companies were awarded spots on a five-year, $250 million firm-fixed-price contract from the U.S. Army for the production, shipping and delivery of relocatable buildings. Atlantic Diving Supply, Dorce Prefabrication & Construction, Itera, MVL USA and Panorama Contracting and Engineering Services will compete for orders under the contract....
The State Department has approved a potential foreign military sale to the government of Australia involving services and equipment in support of the Tomahawk weapon system. The possible transaction, worth approximately $250 million, covers engineering, material and program support; the management of technical data; and general weapon support servic...
The U.S. Coast Guard’s Aviation Logistics Center plans to recompete a contract for information technology professional services. The requirement will be competed as a HUBZone set-aside program through the National Institutes of Health IT Acquisition and Assessment Center’s Chief Information Officer - Solutions and Partners 3, also known as CIO-S...
Amentum has received a potential seven-year, $321 million contract from the U.S. Navy to provide modernization support services for the military branch’s submarine command, control, communications, computers, collaboration and intelligence systems....
Hewlett Packard Enterprise (NYSE: HPE) has agreed to acquire Juniper Networks (NYSE: JNPR) in an all-cash transaction valued at approximately $14 billion, or $40 per share, as part of efforts to expand its networking business in response to the increasing adoption of artificial intelligence tools and hybrid cloud platforms.Register here to attend th...
Ryan Macaleer, a more than two-decade IBM (NYSE: IBM) veteran, has been appointed vice president of software for the federal sector at the information technology services provider. "I'm stepping back into federal to lead IBM's software business. Our growth across the federal marketplace has accelerated especially with respect to hybri...
