Vishay Precision Group (NYSE: VPG) has purchased Diversified Technical Systems, a Southern California-based provider of data acquisition and sensor technology for testing applications, in an approximately $47 million deal. Malvern, Pennsylvania-based VPG said Tuesday it will fund the payment through new borrowing and cash on hand. VPG CEO Ziv Shosha...
Three Maryland-based companies have each won a five-year, $150 million contract to update and integrate systems for the Defense Logistics Agency. Conveyor Handling, Unity Technologies and Werres beat out four other bidders for the firm-fixed-price, indefinite-delivery/indefinite-quantity contracts via a competitive acquisition process, the Depa...
Power management company Eaton (NYSE: ETN) has wrapped up its acquisition of Cobham Mission Systems as part of efforts to expand its aerospace business’ fuel systems offerings. “This acquisition, along with our prior acquisition of Souriau-Sunbank, positions our Aerospace business well for the future,” Heath Monesmith, president and chief oper...
Unanet has rolled out a customer relationship management product designed to help government contractors gain insight into business opportunities and prepare proposals based on market intelligence data. The CRM for GovCon technology offers industry users access to project information from the GovTribe market research platform such as active solicita...
The U.S. Air Force has selected five companies to deliver construction work, design and services under a $95 million multiple-award contract in support of an air force base in South Dakota. All American Construction Services, Dakota Plains Electrical Contracting, LaCreek Development Corp., OK2 Construction and Quinn-Scull joint venture will conduct ...
The board of directors at Ametek (NYSE: AME) has promoted 14-year company veteran Stewart Douglas to the positions of vice president and chief information officer. He will succeed Ken Weirman, who will retire from Ametek after more than 10 years of service, the Pennsylvania-based electronic systems provider said Tuesday. Douglas joined the company i...
LMI will continue to help the U.S. Army update and integrate enterprise data management systems under a potential three-year, $211 million contract. The nonprofit consulting services provider said Tuesday it will support the Project Manager for Army Data and Analytics Platforms across business transformation, program management and technical functio...
Micah Maryn, senior solutions engineer at Akamai Technologies (Nasdaq: AKAM), said edge computing could help government agencies improve the experience of citizens and employees on any device while enhancing security. Maryn discussed how edge computing platforms like Akamai Edge improve performance and security by reducing the distance between the d...
President Joe Biden has unveiled a $715 billion budget request for the Department of Defense for fiscal year 2022, which reflects a 1.6 percent rise from the FY 2021 enacted amount of approximately $703.7 billion. The proposed defense budget proposal includes $27.7 billion in funds for nuclear modernization efforts, including $3 billion for B-21 Lon...
An expert panel is set to discuss the transition of artificial intelligence technologies from the research and development phase into real-world operational settings at a GovCon Wire virtual event scheduled for Thursday. How can emerging technology take part in national security strategies and goals? This is what GovCon Wire’s next forum, them...
