A Government Accountability Office report shows that the federal government spent approximately $637.1 billion on contracts in fiscal year 2021 with defense agencies accounting for about $386.9 billion in FY 2021 contract obligations. Federal spending on contracts in FY 2021 reflects a drop of $54 billion from the previous fiscal year and civilian a...
Tony Guthrie, former AT&T (NYSE: T) executive, was appointed senior vice president of strategic growth at PM Consulting Group, where he will drive efforts to expand work with federal customers focused on international development programs. The Towson, Maryland-based firm said Tuesday Guthrie will be responsible for developing and executing PMCG&...
The Internal Revenue Service has released a draft request for quotations for a potential $209 million multiple-award blanket purchase agreement covering user network and services support. A presolicitation notice posted on SAM.gov Thursday indicates the UNSS II contract will encompass deskside information technology maintenance, workstation software...
The Defense Security Cooperation Agency has listed four prime contractors for a potential $141.1 million foreign military sale of ground command and control equipment to Morocco. DSCA said Thursday the State Department approved the possible FMS transaction that will involve General Atomics‘ aeronautical systems unit, Lockheed Martin (NYSE: LMT...
Hector Collazo, vice president of mission technology and innovations at Sev1Tech since March, has been elevated to the chief technology officer role. He will oversee the company’s high-impact technology, science and engineering team and manage the delivery of new technologies to commercial customers, Sev1Tech said Thursday. Prior to joining Sev1Te...
The State Department has approved a foreign military sale of multimission military helicopters, manufactured by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary, to Australia through a $1.95 billion government-to-government transaction. Australia requested to buy 40 UH-60M Black Hawk helicopters along with a range of additional items such as ...
General Dynamics’ (NYSE: GD) land systems business has received a potential $1.15 billion order from the U.S. Army to build modernized Abrams main battle tanks for Poland. The foreign military sales order is for the delivery of 250 M1A2 System Enhancement Program version 3 vehicles that include upgrades to armor, communications, fire control ...
Science Applications International Corp. (NYSE: SAIC) will help the U.S. Navy modernize and sustain enterprise networks under a $163 million contract. SAIC said Thursday it will support the life cycle of shore-based systems for the Naval Information Warfare Center Pacific Shore Networks Branch in San Diego. “We are focused on delivering valuable s...
ExecutiveBiz featured Scott Recinos, senior vice president of homeland security market at LMI, in its most recent Executive Spotlight interview published Thursday. He shared his strategic goals for the coming year including maintaining the company’s support to Department of Homeland Security customers. The Q&A also tackled potential new market...
Sigma7, a risk information and services provider backed by Growth Catalyst Partners, has acquired data and software company Intelligence Fusion in a strategy to create an integrated offering meant to help customers worldwide to gain insight into global security threats. Financial terms of the transaction were not disclosed and Sigma7 plans to combin...
