U.S. Transportation Command has awarded 24 companies option period contract modifications to a $750 million indefinite-delivery/indefinite-quantity, fixed-price with economic-price-adjustment contract the businesses secured in 2024 for commercial port operations and related transportation services. The modifications, worth $750 million, allow for th...
Quantum computing company IonQ has finalized its acquisition of Capella Space to pursue its plan to develop a space-based quantum key distribution, or QKD, network designed to enable quantum-secure global communications. Hear about the latest air and space tech capabilities, tech trends and more at the Potomac Officers Club’s 2025 Air and Spac...
Paul Smith has assumed new responsibilities as senior vice president and general manager of integrated defense solutions at BAE Systems. In a LinkedIn post Tuesday, the executive confirmed that he is moving from BAE Systems’ ship repair business, which he led as SVP and GM since 2020, to integrated defense solutions. “After five incredib...
David Culp, a seasoned financial and accounting executive, shared in a LinkedIn post published Thursday that he has been elevated to chief financial officer at Advanced Technology International. Dave Culp’s Career History The senior finance executive has been with ATI for over two years, most recently as senior vice president and con...
Firefly Aerospace has filed a registration statement with the Securities and Exchange Commission for its proposed initial public offering. The company said Friday it plans to list its common stock under the ticker symbol “FLY” on the Nasdaq Global Market. Firefly has yet to disclose the number of shares to be offered and the price...
The U.S. Navy has awarded firm-fixed-price, indefinite-delivery/indefinite-quantity contracts with a shared ceiling of $262.4 million to four Virginia-based companies to support repair, maintenance, modernization and sustainment for shipyard messing and berthing barges. The contracts were awarded to East Coast Repair & Fabrication, Lyon Shipyard...
MP Materials and the Department of Defense have entered into a public-private partnership to boost the supply of U.S. rare earth magnets and reduce dependence on foreign sources. Construction of ’10X’ Magnet Manufacturing Facility Through the partnership, MP Materials said Thursday it will build the “10X Facility,” its second domesti...
The Army Contracting Command is soliciting industry feedback regarding the draft request for proposals for the potential $10 billion Radford Army Ammunition Plant contract. Radford Army Ammunition Plant Contract Scope According to a notice posted on SAM.gov Thursday, the ACC is seeking potential contractors to oversee the RFAAP’s moderniz...
Lockheed Martin’s Sikorsky subsidiary has received two Defense Logistics Agency contracts worth $419.5 million combined to provide spare parts and support services for H-60 and H-53 helicopters. Helicopter Spare Parts Contract Details The Department of Defense said Thursday the firm-fixed-price contracts have a five-year base term and an optio...
General Dynamics Information Technology has secured a $143 million contract from the Naval Air Warfare Center Weapons Division, or NAWCWD, to support the engineering, logistics, intelligence analysis and demonstration of electronic warfare technologies. Top-tier Navy experts will participate in the Potomac Officers Club’s 2025 Navy Summit to e...
