Over 10 million shares of Castellum’s (NYSE-American: CTM) common stock traded on Friday as a result of the inclusion of the Bethesda, Maryland-based electronic warfare and cybersecurity services provider into the Russell Microcap Index. “Friday’s activity represents record trading volume for Castellum and helps provide our stockholders wi...
Serco Group’s Americas division will continue to provide IT and programmatic support services to U.S. Navy bases worldwide under a five-year, $69 million task order. The follow-on award extends Serco Inc.‘s work to help the service branch maintain Anti-terrorism and Force Protection and Enterprise Land Mobile Radio systems, the company s...
William Ballhaus, a member of Mercury Systems‘ (Nasdaq: MRCY) board of directors since June 2022, has been named interim president and CEO of the Andover, Massachusetts-based defense technology supplier. His appointment was part of a corporate leadership refresh strategy and he will hold the position until a permanent president and CEO is name...
The U.S. Navy’s Flank Speed cloud platform was introduced about two years ago, in May 2021, and has reportedly helped bring about a wave of positive technological change for the service branch. A collaboration with Microsoft 365, Flank Speed has seen the transition of over 530,000 users to its common suite of tools and shared digital...
Keri Panatier, a former McKinsey & Company senior manager with more than 20 years of industry experience, has joined Empower AI as vice president of proposals and growth operations, Forum reported Thursday. She will lead a team working on the Reston, Virginia-based company’s proposals, growth operations, partnerships and market i...
Forty-six companies have won spots on a follow-on $1 billion U.S. Air Force contract vehicle to develop testing and evaluation platforms for weapons systems. Contractors will compete for delivery orders to provide highly specialized technologies that could support the branch’s developmental and operational test requirements under the Test &...
European satellite telecommunications provider SES issued a statement Thursday saying that negotiations over a “possible combination” with U.S.-based Intelsat have stopped. In late March, Luxembourg-headquartered SES confirmed that the company and Intelsat were in talks about a possible merger and noted that it was uncertain whether a deal would...
Former U.S. Representative Will Hurd, a cybersecurity specialist with strong ties to the government contracting field and a two-time Wash100 Award winner, announced his presidential campaign Thursday on “CBS Mornings.” Hurd represented Texas’ 23rd congressional district from 2015 to 2021. During his time in office, he introd...
Jack Sears, a more than 25-year GovCon industry veteran, has been named chief growth officer of Precise Systems, a technical and professional services provider to the Department of Defense. He will be responsible for the company’s capture, proposal and business development activities and help drive strategic growth efforts as a member of the execu...
Science Applications International Corp. (NYSE: SAIC) will help the Department of the Treasury migrate to a multicloud information technology environment under a $1.3 billion contract. SAIC said Thursday the single-source award includes professional IT support for the Treasury to centralize the management of cloud services from Amazon Web Services, ...
