The aviation unit of General Electric (NYSE: GE) has secured a potential five-year, $1.65 billion contract to repair, update or replace engine components for the U.S. Navy’s F/A-18 aircraft fleet. GE Aviation will support 17 F414 turbofan engine parts under the performance-based logistics contract from Naval Supply Systems Command, the Departm...
Science Applications International Corp. (NYSE: SAIC) has been awarded a three-year, $420 million contract option by the Defense Logistics Agency to continue the distribution of chemicals, packaged petroleum, oils and lubricants to military and federal civilian agency locations worldwide. The agency exercised the option to extend the company’s...
Joe Mazur, a three-decade contracting veteran, has joined CACI International (NYSE: CACI) as vice president of business development responsible for driving contracting opportunities for the company in the defense, intelligence, security and federal and civilian markets, G2Xchange FedCiv reported Wednesday. The former executive director and account m...
Thirteen lawmakers have expressed their support for Lockheed Martin‘s (NYSE: LMT) proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD) in their joint letter to Kathleen Hicks, deputy secretary at the Department of Defense, Reuters reported Wednesday. Lockheed first announced its move to acquire the rocket propulsion maker for approximately ...
Red Cat Holdings (Nasdaq: RCAT) has completed its purchase of Utah-based unmanned aircraft system manufacturer Teal Drones in an effort to expand into the military sector and pursue business growth opportunities. Following the closure of the all-stock acquisition deal, Red Cat will add Teal to its enterprise segment that also covers remote inspectio...
Potomac Officers Club (POC) hosted its Building the Future Battle: The Keys to JADC2 on Tuesday to showcase the key executives’ efforts as they work to develop the first phase of Joint All-Domain Command and Control (JADC2) and address the speed and timing challenges of technology development for our military branches and systems. Following an...
An MRM Construction Services and Sundt Construction joint venture, R.C. Construction, Southwest Concrete Paving, and Acme Construction Supply-RHB JV will compete for task orders under the U.S. Army’s airfield paving contract. The Department of Defense said Wednesday the firm-fixed-price contract for paving work is potentially worth $400 millio...
GovCon Wire Events hosted its IT Modernization and Transformation Forum on Wednesday to bring together a handful of the most significant members of the federal landscape as well as those who want to learn more about the current set of challenges surrounding our cybersecurity systems, data modernization goals and IT transformation strategies. As the ...
Shareholders at blank check company Genesis Park Acquisition (NYSE: GNPK) approved Wednesday the proposed combination with Redwire, a space infrastructure company. Holders of approximately 73 percent of Genesis Park’s outstanding shares as of Aug. 2, or about 97 percent of the votes cast at the special meeting, voted in favor of the merger agreeme...
BlackSky Holdings, a Herndon, Virginia-based geospatial intelligence provider, has received an equity investment from Palantir Technologies (NYSE: PLTR) to enable it to meet the customers’ demand for global monitoring services and further expand its capabilities. BlackSky said Wednesday it will also broaden the delivery of deep analytics and high-...
