The State Department has approved two foreign military sales agreements worth approximately $9.4 billion combined for frigate modernization support and four multimission surface combatant ships or future frigates that the government of Greece intends to procure. The FMS deal for four Hellenic Future Frigates is worth $6.9 billion and the transaction...
TYSONS CORNER, VA, Dec. 13, 2021 — Stephen Kovac, chief compliance officer and head of global government affairs at Zscaler (Nasdaq: ZS), discussed during a Senate Homeland Security and Governmental Affairs Committee roundtable how government agencies were able to move to cloud amid the COVID-19 pandemic with the help from the Federal Risk and Aut...
APR Consulting has won a potential $500 million contract to perform science, engineering and technical work for NASA’s Jet Propulsion Laboratory in California. The transition period for the Temporary Support and Services contract – also known as TSAS – is scheduled to begin Feb. 1, the company said Thursday. Under the 10-year contract, APR...
Software provider C3 AI (NYSE: AI) has closed on a $500 million production-other transaction agreement to give Department of Defense components access to a suite of enterprise artificial intelligence products and services. The OTA is designed to provide a means for DOD organizations to procure company-made technology for modeling and simulation work...
Booz Allen Hamilton (NYSE: BAH) has finished spinning off its artificial intelligence platform into a standalone company that will advance the deployment of production-ready AI, build on existing client base across federal and commercial markets and expand its developer community and partner ecosystem. McLean, Virginia-based Booz Allen said Thursday...
General Atomics and the Department of Energy have completed negotiations regarding a financial award for an industry team to build a rare earth element separation and processing facility. The company said Thursday its electromagnetic systems business will lead the team that will construct and operate the REE demonstration factory as part of the 40-m...
Sigma Defense Systems has won a five-year, $250 million contract from the General Services Administration to help the Department of Defense process and distribute sensor data across site-level installations. The company said Thursday it will assist DOD in efforts to install data centers and ground entry points and gateways used to collect data from ...
AAR’s (NYSE: AIR) government services arm has received a potential $365 million contract from the U.S. Air Force to provide support services for F-16 fighter jets. The indefinite-delivery/indefinite-quantity contract includes depot work and service life extension program support for F-16s, the Department of Defense said Thursday. The Air Force Lif...
Tomorrow.io, a startup developing radar-equipped satellites for weather and climate forecasting, has agreed to merge with special purpose acquisition company Pine Technology in a deal both parties expect to close in the first half of 2022. The boards of directors at the two companies have approved the transaction that would take Boston-based Tomorro...
The Naval Facilities Engineering Systems Command has issued an $800 million modification to a multiple-award contract with five companies that provide incidental construction and other global contingency services to the U.S. military. KBR (NYSE: KBR), Vectrus (NYSE: VEC), IAP and ECC joint venture, Fluor (NYSE: FLR) and AECOM (NYSE: ACM) will share ...
