General Dynamics’ (NYSE: GD) information technology business has received a potential 12-year, $1.79 billion contract from the U.S. Army to provide flight simulation training support services. Army Contracting Command solicited offers and received one bid for the firm-fixed-price contract, the Department of Defense said Thursday. The service b...
ASRC Federal has agreed to buy the logistics and supply chain management business of Science Applications International Corp. (NYSE: SAIC) in a cash transaction valued at approximately $350 million. Both parties expect to close the transaction in the spring of 2023, pending receipt of regulatory clearances and satisfaction of other customary closing...
Raytheon Technologies (NYSE: RTX) will manufacture lot nine glide bombs equipped with multimode seeker technology for the U.S. Air Force under a $320.3 million contract. The company’s missiles and defense business will produce 1,500 units of the StormBreaker, a networked weapon designed to locate and engage fixed or moving targets, Raytheon sa...
Bluestone Investment Partners has raised $196 million for the private equity firm’s third buyout fund and intends to expand investments in the lower-middle government services industry. The Bluestone Investment Partners III fund received commitments from endowments, family offices and gatekeepers and reached its hard cap within six months, the...
BlueHalo has appointed Mary Clum as corporate executive vice president and sector general manager, and named Mark McNeely as chief administrative officer. The executive promotions come as BlueHalo aims to position itself to bring critical technology products and services in key mission areas, the company said Thursday. Clum most recently served as B...
Motorola Solutions (NYSE: MSI) has secured a 10-year, $340.3 million contract to help manage the life cycle of the U.S. Air Force’s enterprise land mobile radio system. The indefinite-delivery/indefinite-quantity contract will include LMR network sustainment maintenance services, the Department of Defense said Thursday. Motorola will additiona...
Skip Maselli, a more than 35-year intelligence and defense industry leader, has joined space data company Pixxel as vice president of public sector business in the U.S. He will report to Aakash Parekh, chief commercial officer of Pixxel, and oversee the development and execution of the company’s strategy to advance growth initiatives in the U.S....
U.K.-based education company Pearson (NYSE: PSO) has wrapped up its purchase of Personnel Decisions Research Institutes, a workforce assessment services provider to the U.S. federal government. The acquired company will rebrand as “PDRI by Pearson” and operate under the latter’s assessment and qualifications business, Pearson said ...
Six companies have received contracts from the National Reconnaissance Office to study commercial hyperspectral imagery capabilities. BlackSky Technology (NYSE: BKSY), HyperSat, Orbital Sidekick, Pixxel, Planet (NYSE: PL) and Xplore secured the study contracts under NRO’s Strategic Commercial Enhancement broad agency announcement, the agency said ...
To adapt to a warfighting landscape increasingly driven by digital technology, the U.S. military must pursue the implementation of zero trust with interoperability and collaboration in mind, according to public and private sector information technology leaders. Joseph Staier Joseph Staier, chief engineer for the Air Force’s enterprise information ...
