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WidePoint (NYSE American: WYY) has received a $73.4 million task order from the U.S. Coast Guard for cellular managed services. The task order was awarded under the Cellular Wireless Management Services 2.0 blanket purchase agreement with the Department of Homeland Security and has a base performance period of six months with $7.9 million in funding...

Oshkosh‘s (NYSE: OSK) defense subsidiary has secured a $130 million delivery order from the U.S. Army to install a medium caliber weapon system into additional Stryker armored fighting vehicles. Oshkosh Defense will equip 95 Stryker Double-V Hull Infantry Carrier Vehicles with the 30mm MCWS for use by the branch’s Stryker Brigade Combat Team...

Marc Parent CAE (NYSE: CAE) has introduced its new logo and brand identity as the company strengthens its mission of equipping individuals with technology platforms and expertise to prepare them for critical roles. “Our new logo reflects our heritage, this evolution, and our bold vision for the future, which involves us leaning even deeper int...

Raytheon Technologies (NYSE: RTX) will manufacture additional prototypes of the U.S. Army’s Lower Tier Air and Missile Defense Sensor under a three-year, $353.9 million contract. The military branch received two bids for the cost-plus-fixed-fee contract and obligated $104.8 million at the time of award, the Department of Defense said Wednesday...

The Senate on Wednesday confirmed Michael Barr, a law professor and a former Department of Treasury official, to serve as vice chair of the Federal Reserve for supervision. President Joe Biden described the Senate vote an “important progress” for his plan to address inflation, the White House said Wednesday. The upper chamber on Wednesday approv...

Matt Hicks was promoted to the roles of president and CEO at Red Hat, where he previously oversaw product strategy and engineering activities as executive vice president of products and technologies. The IBM (NYSE: IBM) subsidiary said Tuesday Hicks took over from Paul Cormier, a more than two-decade Red Hat veteran who was tapped to...

Tom Watson, a 25-year federal market veteran who is currently serving as senior vice president of defense services at Serco Inc., will become CEO of the Herndon, Virginia-based government contractor when Dave Dacquino retires from the chief executive role Sept. 1. Dave Dacquino Dacquino will continue his role as chairman of the board of directors...

Vincent Stewart, a 38-year U.S. Marine Corps veteran and a four-time Wash100 Award winner, will formally join the board of directors of Lockheed Martin (NYSE: LMT) on Friday. The retired USMC lieutenant general will serve as an independent director and as part of the board’s classified business and security committee, Lockheed said Tuesday. St...