Lockheed Martin (NYSE: LMT) will provide services worth approximately $71 million to the F-35 program under a compensation agreement reached with the Defense Contract Management Agency in January, Bloomberg reported Tuesday. The settlement covers refund for Lockheed’s fighter aircraft parts deliveries between 2015 and early 2020 that were deem...
The Biden administration is supporting collaboration between Johnson & Johnson (NYSE: JNJ) and Merck (NYSE: MRK) to produce more COVID-19 vaccine doses through the Defense Production Act. At the White House’s request, the Department of Health and Human Services has earmarked $105 million in initial funds to help Merck (NYSE: MRK) expand co...
Larry Ryder, former senior director of business development and customer relations at Austal USA, has been elevated to the role of vice president of business development and external affairs at the Mobile, Alabama-based shipbuilder. Ryder will coordinate Austal’s media relations and external communications and oversee legislative activiti...
Joseph Cubba, formerly senior partner and vice president for defense and intelligence at IBM (NYSE: IBM), has been named chief growth officer of ManTech International (Nasdaq: MANT). He will report directly to ManTech Chief Operating Officer Matt Tait and be responsible for strategic growth efforts across the federal civilian, defense and intelligen...
Vienna, Virginia-based management consultancy The Ambit Group has merged with information technology services provider GreenZone Solutions for an undisclosed sum as both companies aim to help federal government clients address digital transformation goals. The Ambit Group said Tuesday it closed the transaction through a strategic partnership with an...
Dallas-based communications technology company COMSovereign Holding (Nasdaq: COMS) has acquired Israel-based aerial rotorcraft developer Sky Sapience in a $12.7 million deal that combines $2.7 million in cash and 2.55 million in stock. Sky Sapience offers the HoverMast tethered drone product line for airborne wireless network deployment, big event m...
General Dynamics (NYSE: GD), ManTech International (Nasdaq: MANT) and Northrop Grumman (NYSE: NOC) have won positions on a potential 10-year, $4.445 billion contract to provide security services under the U.S. Air Force’s Special Access Program. The service awarded the multiple-award, indefinite-delivery/indefinite-quantity contract through a comp...
The Department of Energy has issued a draft solicitation notice for a potential 10-year, $26.5 billion contract to manage tank waste at the Hanford nuclear site in Washington state. DOE said Thursday it will brief interested vendors about the Integrated Tank Disposition Contract at a pre-solicitation meeting that is scheduled to take place virtually...
TYSONS CORNER, VA, March 1, 2021 — Anthony Robbins, president of Nvidia‘s (Nasdaq: NVDA) North American public sector business, pointed to predictive maintenance and humanitarian assistance as examples of artificial intelligence applications at the Department of Defense, ExecutiveBiz reported Feb. 17. Robbins, a 2021 Wash100 awardee, told Fe...
Small satellite launch services provider Rocket Lab is close to finalizing an estimated $4.1 billion agreement with a Vector Capital-backed special purpose acquisition company to merge operations, The Wall Street Journal reported Sunday. Rocket Lab would go public if the company combines with Vector Acquisition (Nasdaq: VACQ), which the former expec...
