Precision Aviation Group has acquired Velocity Aerospace Group for an undisclosed sum to broaden its avionics and manufacturing, designated engineering representative and sub-assembly capabilities. Frisco, Texas-based Velocity offers aviation maintenance, repair and overhaul and manufacturing services and runs three Federal Aviation Administration-c...
Alan Chvotkin, a partner at Nichols Liu and a member of Executive Mosaic’s GovCon Expert program, co-authored a new report from the OCI Proposal Consultants called the “Government Contractor Confidence Index” study, the company announced on Tuesday. The study, which was distributed to 5,600 directors and VP’s of business development, capture...
The State Department has cleared a potential $950 million foreign military sale through which Spain intends to purchase MH-60R multi-mission helicopters made by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary. Spain wants to purchase eight Seahawk helicopters, 20 T-700-GE-401C engines, two Hellfire II captive air training missiles, four airb...
On the heels of the “fix our computers” movement, the U.S. Air Force is reinvigorating its efforts to centralize and optimize the branch’s information technology environment, improve the user experience for service members and usher in an era of digital transformation. The Air Force is working on an “integrated warfighting network,” or IWN...
SentinelOne (NYSE: S) has agreed to buy Attivo Networks in a cash-and-stock transaction worth approximately $616.5 million to expand its extended detection and response offerings with the addition of identity threat detection and response capabilities. SentinelOne said Tuesday it expects the transaction to be completed in its upcoming fiscal second ...
Six companies have landed spots on a $249 million contract to support maintenance activities within Naval Facilities Engineering Systems Command‘s southwest area of operations. The contractors will maintain, repair and support facility systems including those used for refrigeration, fire protection, heating, ventilation and air conditioning, t...
Leonardo has secured a contract to manufacture a pair of AW139 helicopters for the National Nuclear Security Administration‘s search and research and topographic surveying operations. The company said Tuesday the two aircraft units for NNSA will have an integrated avionics system that includes sensors and communications tools. NNSA uses sensor...
As the global geopolitical environment sees rapid developments unfolding, the United States is shoring up its defense and military capabilities to prepare for an array of potential scenarios in the face of budgetary and adversarial uncertainties. More than 20 of the Defense Department’s top leaders gathered on Wednesday during the McAleese FY2023...
The U.S. government appears to be favoring the expansion of surveillance technology deployments along the border with the inclusion of funds for autonomous surveillance towers and other border security platforms in an omnibus budget package, The Washington Post reported Friday. On Thursday, Congress approved and sent to the White House a $1.5 trilli...
A Cognosante business unit has received a potential three-year, $26 million contract to help the Centers for Medicare and Medicaid Services handle inquiries from agency customers regarding the No Surprises Act. The company said Thursday its CognoConnected sector will perform multi-tiered help desk services to address calls and online queries related...
