Army Contracting Command has awarded Merck (NYSE: MRK) a one-year, $1.2 billion contract to deliver nearly 1.7 million courses of molnupiravir, an investigational oral antiviral agent intended to support the treatment of COVID-19 patients. The Department of Defense said Wednesday the full contract amount was obligated on the firm-fixed-price contrac...
Dan Smoot, formerly chief operating officer at Riverbed, has been promoted to serve as the San Francisco-based networks and applications company’s president and CEO, responsible for driving its delivery of offerings to customers looking to transition to a hybrid work setup. Smoot, who brings over three decades of industry experience to his new...
Duluth, Georgia-based special purpose acquisition company Spartacus (Nasdaq: TMTS) and geolocation technology provider Nextnav have entered into a merger agreement that would take the latter public and bring its potential market capitalization to $1.2 billion. The boards of directors for both companies gave unanimous approval of the transaction, wit...
Raytheon Technologies (NYSE: RTX) has received a potential 15-year, $3.12 billion contract to manufacture APG-82 radar systems for the U.S. Air Force’s F-15 fighter jet fleet. The company will also modernize and provide support services for the radar system through the indefinite-delivery/indefinite-quantity contract, the Department of Defense sai...
A consortium of Oak Ridge, Tennessee-based universities has secured a potential $129.7 million contract to continue to help NASA manage a fellowship program that recruits scientists and engineers who have earned a PhD to perform research work for the space agency. Oak Ridge Associated Universities will administer and coordinate agency-wide research ...
Booz Allen Hamilton (NYSE: BAH), CACI International (NYSE: CACI), Capstone, Science Applications International Corp. (NYSE: SAIC) and Serco Group’s North American division have received a $109.8 million modification to a previously awarded contract from the U.S. Navy for a range of technical support services. The award exercises the three-year opt...
The Cybersecurity Maturity Model Certification Accreditation Body has made Redspin the first certified third-party assessment organization in the CMMC marketplace after the cybersecurity company passed the CMMC Maturity Level 3 evaluation by the Defense Industrial Base Cybersecurity Assessment Center. “Reaching this step in getting the CMMC ecosys...
President Joe Biden has signed an executive order to help address the risks posed by connected software applications linked to foreign adversaries and maintain the national emergency declared in May 2019 by the previous administration with regard to the the security of the U.S. information and communications technology and services supply chain. The...
AT&T (NYSE: T) has received a potential 12-year, $725 million task order to help the Department of Veterans Affairs modernize its data communications platform to facilitate the delivery of health care and other benefits to approximately 18 million veterans and their families and support other missions. The company said Thursday it will provide ...
Stephen Steg, co-founder and chief technical officer of Blue Canyon Technologies, has been named CEO of the small satellite and mission services provider, more than five months after its acquisition by Raytheon Technologies (NYSE: RTX). Steg succeeds former Blue Canyon CEO George Stafford, who will transition into an advisory role, the company said ...
