The General Services Administration has asked vendors to share their pricing and invoicing practices for software offered in term licenses as the agency looks to align commercial cloud buying practices with the Multiple Award Schedule’s information technology category. GSA’s IT category office is conducting market research on discounts t...
Leidos (NYSE: LDOS) and Microsoft (Nasdaq: MSFT) will accelerate the development and delivery of artificial intelligence and cloud computing platforms to support public sector customers’ missions under a strategic collaboration agreement. The two companies will co-develop generative AI tools to help customers support cross-domain applications ...
Dennis Carr, former executive vice president and chief operating officer of Savannah River Nuclear Solutions, has assumed the president and CEO roles at the Fluor-led (NYSE: FLR) management and operating contractor for the Department of Energy’s Savannah River Site in South Carolina, Defense Daily reported Tuesday. He succeeds Stuart MacVean, ...
Lockheed Martin (NYSE: LMT) has secured a pair of contract modifications worth $1.06 billion combined from the U.S. Army to produce air-to-ground and guided air-and-missile defense systems. The Bethesda, Maryland-headquartered defense contractor will manufacture and deliver Patriot Advanced Capability-3 missiles under a $556.1 million contract modif...
The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $400 million in shares through Dec. 31, 2025. Iridium said Thursday the plan marks its third and largest stock buyback authorization and increases the satellite communications company’s total repurchase program to $1 billion, the company sai...
Sixty-six vendors have secured positions on a potential 10-year, $900 million contract to help the U.S. Air Force develop approaches needed to build multidomain systems in support of the service’s warfighting missions. The Air Force Life Cycle Management Center at Wright Patterson Air Force Base in Ohio received 70 offers for the indefinite-de...
Northrop Grumman (NYSE: NOC) posted $9.6 billion in sales for the second quarter of 2023, up 9 percent from the prior-year period’s figure of $8.8 billion, and ended the quarter with a total backlog of $78.8 billion. The Falls Church, Virginia-based aerospace and defense contractor said Thursday its Q2 2023 net awards totaled $10.9 billion...
General Dynamics’ (NYSE: GD) information technology business won a pair of task orders valued at $320 million to support U.S. Bureau of Consular Affairs operations in South America. The recompete tasks encompass visa application and processing services in Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Peru, Paraguay and Uruguay, the com...
Technology industry veteran Peter O’Donoghue has joined Herndon, Virginia-based federal systems integrator Tyto Athene as chief technology officer. In this capacity, he will oversee the company’s strategy and execution efforts and serve as a change agent and business partner to advance the development of technology platforms in support of custom...
Aurora Flight Sciences and General Atomics‘ aeronautical systems business will continue working on a Defense Advanced Research Projects Agency program aimed at developing a lifter seaplane demonstrator. The Department of Defense said Thursday Aurora received a $19.5 million contract modification while General Atomics Aeronautical Systems Inc. ...
