GlobalFoundries (Nasdaq: GFS) has received a potential 10-year, $3.13 billion contract from the Defense Microelectronics Activity to provide microelectronic products and trusted processes for the Department of Defense and other federal agencies. DMEA will obligate $17.3 million in fiscal 2022 funds for the initial task order under the firm-fixed-pri...
Jim Taiclet, CEO of Lockheed Martin (NYSE: LMT), said the defense and aerospace contractor is in “late-stage negotiations” with a solid-rocket motor company to create a new supplier of solid rocket motor propulsion systems, DefenseNews reported Thursday. Speaking before the House Armed Services Cyber, Information Technologies and Innovation subc...
The U.S. Navy has selected five companies to handle large, general construction projects under a potential $950 million indefinite-delivery/indefinite-quantity contract. General construction of design-build or design-bid-build projects will support Naval Facilities Engineering Systems Command Washington’s area of responsibility in the greater ...
The U.S. Air Force has decided to cancel a potential 10-year, $5.3 billion indefinite-delivery/indefinite-quantity contract for enterprise cybersecurity support services due to its inability to achieve a “manageable number of prime contract awards” using the established procurement strategy and source selection evaluation procedures. The service...
ManTech has designated the role of vice president to Mike Monson, former president, chief growth officer and chief customer experience officer at Definitive Logic, G2Xchange FedCiv reported Thursday. The appointment comes a week after ManTech completed its acquisition of Definitive Logic to engage in more government partnerships and expand its produ...
Three companies have won spots on a potential $750 million indefinite-delivery/indefinite-quantity contract to provide the U.S. Space Force with installation repair and construction services. CCI Utility and Construction Services, Custom Mechanical Systems Corp. and Maverick Constructors will carry out design, construction and engineering services t...
Vienna, Virginia-based data management consulting firm Savan Group has secured a potential 10-year, $150 million blanket purchase agreement from the Department of Justice for records and information management support services. Savan Group said Wednesday the award extends the company’s partnership with the DOJ to streamline the departmen...
A&M Capital Partners has made a majority investment in VTG, which provides digital transformation and modernization platforms for customers in the defense and intelligence community. “This partnership with AMCP will accelerate VTG’s growth trajectory, allowing us to make investments in the emerging capabilities and technologies most needed b...
The U.S. Navy awarded General Dynamics’ (NYSE: GD) electric boat business a $517.2 million contract to supply components and perform maintenance on Virginia-class attack submarines. The contract extends the service branch’s previous procurement and delivery order for spare parts from General Dynamics Electric Boat, which was last modifie...
Jim McConville, a retired U.S. Army general who worked as the service branch’s 40th chief of staff, has joined private equity firm AE Industrial Partners as an operating partner. In this capacity, he will work with AEI’s portfolio companies and assess investment opportunities across the government services and defense sector. David Rowe, man...
