The government contracting industry’s confidence in its future revenues has recovered from a COVID-19-prompted dip. The market’s assurance in its ability to drive new business has increased by 1.6 percent from a year ago, returning what’s known as the GovCon Confidence Index, or GCCI, to pre-pandemic levels. GCCI is measured by Deltek’s Cl...
Brooke Smith, former vice president of business development and strategy at Salesforce (NYSE: CRM), has been named CEO of Deep Water Point & Associates. He succeeds Howard Seeger, Deep Water Point’s founder who has led the federal management consulting services provider for nearly 19 years, the company said Monday. While at Salesforce, Smi...
Joanne Martin, vice president of strategic operations at Leidos‘ (NYSE: LDOS) health group, has been promoted to senior VP of business development within the same business, according to her LinkedIn post published Friday. Martin previously worked at Science Applications International Corp. (NYSE: SAIC) and joined Leidos upon SAIC’s split int...
Sapphire Ventures will invest more than $1 billion in enterprise artificial intelligence startups, including companies focused on developing generative AI, enablers and middleware, foundation models and other next-generation AI applications. “We look forward to partnering with companies that are not only improving existing workflows and softwa...
The U.S. Space Force has released the second round of draft requests for proposals incorporating industry feedback from the first draft solicitations and describing the “dual-lane” approach to acquisition under the third phase of the National Security Space Launch program. Space Systems Command said Friday over 20 vendors participated in an ...
A limited liability company formed by Amentum, Fluor (NYSE: FLR) and Babcock International Group’s Cavendish Nuclear subsidiary has won a potential 10-year, $5.87 billion contract to perform decontamination and decommissioning work on a gaseous diffusion plant site in Portsmouth, Ohio. Southern Ohio Cleanup Company will demolish and dispose of...
Mike Cosgrave, a former partner at Guidehouse, was appointed chief operating officer at Tria Federal, where he will oversee the information technology and advisory services provider’s administrative and operational functions. The management and technology executive with 25 years of experience previously held the same position at IT and service...
Lockheed Martin (NYSE: LMT) will continue providing the U.S. Navy with AN/SQQ-89A (V) 15 anti-submarine warfare systems, spares and support services under a $100 million contract modification. The Department of Defense said Thursday Lockheed’s rotary and mission systems business was contracted for work on Hypervisor Technology Zero AN/SQQ-89A ...
The U.S. Transportation Command has made modifications to its contract with 11 shipping companies to ensure continuous delivery of transportation and distribution support services. Contract modifications were awarded under the International Ocean Transportation and Intermodal Distribution Services program to cover worldwide shipping services from Se...
The Biden administration has released its first iteration of a multi-year plan to implement the U.S. federal government’s new national strategy to defend cyberspace. The implementation plan outlines more than 65 high-impact initiatives assigned to specific federal agencies and aligned with the five pillars and 27 strategic objectives of the Na...
