A subsidiary of BAE Systems‘ U.S. business arm will provide software development and maintenance, technical support and fleet services under a $91.5 million contract from the U.S. Navy. BAE Systems Technology Solutions and Services was tapped to deliver system and subsystem support services to the Navy, Marine Corps, Military Sealift Command, ...
NVIDIA (Nasdaq: NVDA) posted a record revenue of $13.51 billion during the second quarter of its 2024 fiscal year, reflecting a 101 percent hike from the prior-year period and an 88 percent increase from the previous quarter. The Santal Clara, California-based company said Wednesday it returned $3.38 billion to shareholders in the form of cash...
Parsons (NYSE: PSN) has purchased Sealing Technologies for approximately $200 million in a transaction that expands its defensive cyber capabilities, broadens its client base across the Department of Defense and Intelligence Community and strengthens its presence as a cybersecurity company in the national security market. Established in 2012, Sealin...
Information technology consulting company Techne has secured a $1.8 million contract to help the U.S. Coast Guard’s acquisition directorate create performance management data sets for its business intelligence system. USCG announced the firm-fixed-price award in a notice posted Tuesday on SAM.gov and reserved the prior solicitation process for...
Fintech financial services provider Array US and software company Verato were awarded spots on a $330 million indefinite-delivery/indefinite-quantity contract from the Defense Counterintelligence and Security Agency for credit reporting services. Both contractors will compete for delivery orders under the potential 10-year IDIQ to support DCSA’...
The State Department has cleared a potential $500 million foreign military sale to Taiwan of F-16 infrared search and track systems, produced by Lockheed Martin (NYSE: LMT) and related equipment through a government-to-government transaction. Taiwan’s economic and cultural representative office asked to procure IRST systems, integration and te...
NASA has started soliciting proposals for a potential 10-year, follow-on contract covering research operations, maintenance and engineering support services to Langley Research Center in Hampton, Virginia. The space agency intends to conduct a full-and-open competition for the Center Maintenance, Operations and Engineering II contract in support of ...
HII (NYSE: HII) has won a seven-year, $78.7 million contract to provide independent advice and assessment support for the Missile Defense Agency’s initiative to develop an integrated and layered system for intercepting adversary missiles. The Department of Defense named Alion Science and Technology the awardee of the competitive cost-plus-fixe...
Michael Baker International has acquired emergency and disaster management consultancy Tidal Basin for an undisclosed sum as both companies seek more business opportunities to support crisis response efforts by the federal government. Utica, New York-based Tidal Basin will operate as the acquirer’s sister company and both firms expect the new ...
AeroVironment (Nasdaq: AVAV) has agreed to buy Tomahawk Robotics, a developer of artificial intelligence-based command and control systems, for $120 million in cash and stock. The deal would allow both companies to integrate technology products into a platform that could support unmanned systems interconnection and interoperability for defense custo...
