The U.S. Army has awarded Lockheed Martin a $4.23 billion contract modification for the production of Guided Multiple Launch Rocket System, or GMLRS. Guided Multiple Launch Rocket System Contract Details The Department of Defense said Thursday the latest modification brings the total contract value to $13.27 billion. Under the agreement, ...
Merlin has agreed to merge with Bleichroeder Acquisition Corp. I, a special purpose acquisition company backed by Inflection Point Asset Management, in a transaction that would take the autonomous flight technology company public. In a joint release published Thursday, the companies said the boards of directors of Merlin and Bleichroeder have unanim...
William Maxwell, a seasoned finance executive, has been appointed chief financial officer at Highlight. The Fairfax, Virginia-based company said Wednesday that Maxwell, backed by over 25 years of experience in government contracting, has a proven track record of driving revenue growth across the IT, aerospace, defense and professional serv...
The Defense Intelligence Agency has awarded Booz Allen Hamilton a potential five-year, $1.58 billion task order to provide intelligence analysis to help counter weapons of mass destruction, or CWMD. WAEDS Task Order Under the Weapons of Mass Destruction Analysis, Exploitation and Data Science Support, or WAEDS, task order, Booz Allen said Thursday i...
Lockheed Martin will serve as the principal contractor for the potential $500 million foreign military sale of M142 High Mobility Artillery Rocket System and related equipment to Bahrain. The U.S. State Department recently approved Bahrain’s FMS request, which is expected to improve the defense capabilities of the country against current and f...
The General Services Administration has issued a request for information for the next iteration of the Second Generation Information Technology, or 2GIT, blanket purchase agreement. GSA said Wednesday responses to the RFI are due Aug. 22. The agency said it will continue to work with Department of Defense agencies on the new iteration of 2GIT...
Photonics company Coherent has reached an agreement to sell its Aerospace and Defense business to Advent, a global private equity investor. Advent said Wednesday it will acquire the business, including around 550 employees and 10 geographic sites, for $400 million. The deal is projected to be finalized in the third quarter of 2025, su...
Private investment firm Arlington Capital Partners has established Neumo, a company that offers a suite of cloud-based platforms meant to help governments modernize operations and improve the quality of services and interactions with their communities. Arlington said Wednesday it formed Neumo by merging Avenu Insights & Analytics and Intellectua...
The U.S. Customs and Border Protection’s Office of Information Technology, or CBP OIT, is seeking proposals for a recompetition of the potential $100 million Cyber Security Operations Support contract. Register now for the Potomac Officers Club’s 2025 Homeland Security Summit on Nov. 12 and listen to government and industry leaders ...
The U.S. Army has awarded Lockheed Martin a $720.1 million contract modification to produce air-to-ground missiles. HELLFIRE, Joint-Air-to-Ground Missile Production Year 4 The Department of Defense said Wednesday the contract action represents the fourth production year for Joint-Air-to-Ground Missiles, or JAGM, and HELLFIRE missiles and brings the ...
