Six companies have secured potential 10-year contracts worth approximately $1.53 billion combined from the Defense Health Agency to provide comprehensive health care support services for military retirees, active-duty personnel and their family members through the Uniformed Services Family Health Plan. The fixed-price contracts include the delivery ...
Aftermarket services provider VSE (Nasdaq: VSEC) and Bernhard Capital Partners have mutually agreed to cancel an approximately $100 million deal for BCP to acquire VSE’s federal and defense business after both parties fail to secure the necessary approvals and meet other closing conditions in a timely manner. The mutual decision to cancel the tran...
Mike Thurston, formerly a senior program manager at Leidos (NYSE: LDOS), has been promoted to vice president of the defense group at the Reston, Virginia-headquartered information technology company, G2Xchange Defense reported Wednesday. The retired U.S. Army colonel brings to the role over three decades of military leadership experience, having pre...
Palantir Technologies (NYSE: PLTR) has received a $250 million contract from the U.S. Army to research and develop artificial intelligence and machine learning tools for U.S. military applications. Army Contracting Command is the contracting activity and will determine work locations and budget upon the issuance of each contract order, the Departmen...
The U.S. Air Force awarded LMI two task orders with a combined value of $98 million to support Phase III development of the Rapid Analysis Prototyping Toolkit for Resiliency software. The indefinite-delivery/indefinite-quantity contract was granted under the Space Integrated Modeling Simulation and Analysis segment of the Small Business Innovation R...
The Department of Homeland Security has released a request for proposals for a potential 10-year, $180 million contract to provide Employee Assistance Program and Work-Life support services for DHS employees and their eligible family members, law enforcement and military personnel. EAP seeks to provide professional support to employees and their fam...
Private equity firm Arlington Capital Partners has agreed to purchase secure business collaboration platforms provider Exostar from software investment firm Thoma Bravo for an undisclosed sum. Washington, D.C.-based Arlington will help Exostar further expand its service offerings, drive product development and advance growth initiatives through the ...
One agency can’t do it alone. That was the overarching thrust of Defense Intelligence Agency Deputy Director Suzanne White’s remarks at the Potomac Officers Club’s 2023 Intel Summit on Thursday. White acknowledged the existing collaborations with In-Q-Tel, the Defense Innovation Unit, NASA, small businesses, a research laboratory at the Univ...
Virginia, Texas and California emerged as the top three states for total defense spending in fiscal year 2022, according to a report released by the Department of Defense’s office of local defense community cooperation. Florida, New York, Maryland, Connecticut, Pennsylvania, Massachusetts and Arizona are the other seven states that made the to...
Terri Walker-Spoonhour, former chief operating officer of HII‘s (NYSE: HII) technical solutions division, has been named senior vice president of integration and operations at Eqlipse Technologies, a portfolio company of private equity firm Arlington Capital Partners. She will be responsible for spearheading current and future acquisitions thr...
