The Department of Defense has stood up an office with the goal of helping technology developers find the capital they need to bring platforms to the military and national security markets. Defense Secretary and two-time Wash100 Award recipient Lloyd Austin said in a statement released Thursday the Office of Strategic Capital will work to address...
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a potential three-year, $430.9 million contract to procure M142 High Mobility Artillery Rocket System launchers for the service branch and multiple foreign military partners. Lockheed secured $209.3 million in initial procurement funds from the Army for HIMARS full-rate production services, the D...
Science Applications International Corp. (NYSE: SAIC) has secured a five-year, $151 million contract to manage and update information technology networks for the U.S. Transportation Command. The company will help TRANSCOM operate systems, infrastructure and applications at both the classified and unclassified levels under the indefinite-delivery/ind...
Justin Knapp, a 17-year veteran of Booz Allen Hamilton (NYSE: BAH), has been appointed to a vice president position at SOS International subsidiary Exovera. He will lead Exovera’s product engineering group to expand its technology portfolio and implement DevSecOps practices across the organization, the analytics software provider said Thursday...
Collins Aerospace, a subsidiary of Raytheon Technologies (NYSE: RTX), has received a $99.5 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to modernize and sustain a communication system on the service branch’s B-2 and B-52 aircraft and potential future platforms. The decade-long work under the sole-source acqu...
Jacobs (NYSE: J) has secured a potential five-year, $92.5 million contract to perform architecture and engineering work for NASA’s environmental cleanup efforts at a former rocket engine and nuclear reactor test site in Ventura County, California. The company will support the Santa Susana Field Laboratory across environmental due diligence and...
Raytheon Technologies’ (NYSE: RTX) missiles and defense business and Lockheed Martin (NYSE: LMT) will serve as principal contractors for a potential $380 million foreign military sale of FIM-92K Stinger man-portable ground-to-air missiles and related equipment to the government of Finland. The Defense Security Cooperation Agency said Thursday the ...
Tysons, Virginia-based management consultancy LMI has purchased Synaptech for an undisclosed sum as part of efforts to expand into the space market and combine capabilities to advance innovation in mission support of Department of Defense customers. Synaptech CEO Zac Gorrell and Chief Technology Officer Elias Peroulas co-founded the Colorado-headqua...
Five companies have secured spots on a $900 million indefinite-delivery/indefinite-quantity contract to provide harness parts and kit assemblies for the U.S. Air Force’s F-16 aircraft fleet. The branch is obligating $487,974 at the time of award from its research, development, test and evaluation and procurement funds, the Department of Defens...
BAE Systems has tapped Curtiss-Wright and the U.S. business arms of Elbit Systems and QinetiQ to collaborate on its bid for the U.S. Army’s next generation infantry fighting vehicle development program. BAE said Wednesday it submitted a proposal for the Optionally Manned Fighting Vehicle program of the service branch and will aim to put forwar...
