Bob Kwaja, an investment banking and finance professional in the government contracting industry, has been named chief financial officer of The Carlyle Group-backed Two Six Technologies. Kwaja will be responsible for helping drive the Arlington, Virginia-based company’s growth strategy within the government technology market, Two Six Technolog...
Noble Supply and Logistics has acquired Tactical and Survival Specialties, a special operations equipment provider to the military and government sectors, for an undisclosed sum in a move to expand product offerings that can support the Department of Defense mission. Noble said Wednesday the deal adds tailored logistics to the Boston-based comp...
The Department of the Interior is giving vendors until April 9 to submit offers for a potential five-year, $350 million contract for professional services intended to help the National Cancer Institute develop, implement and update biomedical research information technology platforms. DOI issued a request for proposals Tuesday for the biomedical IT,...
Italy-based aerospace and defense conglomerate Leonardo has announced the postponement of the initial public offering of its U.S. subsidiary due to unfavorable market conditions. Adverse market conditions prevented an adequate valuation of Leonardo DRS, the parent company said Wednesday. The conglomerate added that it will revisit the IPO once marke...
Lt. Gen. Michael Groen, director of the Department of Defense’s Joint Artificial Intelligence Center and 2021 Wash100 Award recipient, said a platform for military personnel to create AI tools achieved initial operating capability status, FedScoop reported Tuesday. He told attendees at a National Defense Industry Association-hosted event that JAIC...
Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has received a $99.9 million contract modification from the U.S. Army to modify UH-60M Black Hawk utility helicopters for Saudi Arabia’s national guard. Sikorsky will provide 25 modified Black Hawks to fulfill a foreign military sales requirement, the Department of Defense said Wednesday. The...
New York-based Investment advisory company MSD Partners has signed an agreement to become an investor in Woolpert to help drive the latter’s next phase of growth across the architectural, engineering and geospatial areas. Woolpert said Thursday that Long Point Capital will exit its investment in the Dayton, Ohio-based company as part of t...
Huntington Ingalls Industries (NYSE: HII) will continue engineered overhaul work on USS Columbus, a nuclear powered fast attack submarine in the U.S. Navy’s Los Angeles class. under the potential $194.5 million contract modification. HII’s Newport News Shipbuilding division in Virginia will receive nearly $191 million at the time of awar...
Roy Kapani, founder of ECS, has acquired Systems Engineering Associates Corp. for an undisclosed sum through a private transaction. SEACORP President Dave Lussier will continue to lead the company along with his executive team that includes Tanya Zaleski, chief financial officer; Dave Cadorette, senior vice president; and Craig McMillian, SVP,...
U.S. Army Corps of Engineers‘ Tulsa District in Oklahoma has released a solicitation notice for a potential $120 million multiple-award contract for environmental remediation services within the geographic boundaries of the agency’s Southwestern and South Pacific divisions. USACE said Wednesday it is looking to award up to 10 positions o...
