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Firefly Aerospace has filed a registration statement with the Securities and Exchange Commission for its proposed initial public offering. The company said Friday it plans to list its common stock under the ticker symbol “FLY” on the Nasdaq Global Market. Firefly has yet to disclose the number of shares to be offered and the price...

The U.S. Navy has awarded firm-fixed-price, indefinite-delivery/indefinite-quantity contracts with a shared ceiling of $262.4 million to four Virginia-based companies to support repair, maintenance, modernization and sustainment for shipyard messing and berthing barges. The contracts were awarded to East Coast Repair & Fabrication, Lyon Shipyard...

MP Materials and the Department of Defense have entered into a public-private partnership to boost the supply of U.S. rare earth magnets and reduce dependence on foreign sources. Construction of ’10X’ Magnet Manufacturing Facility Through the partnership, MP Materials said Thursday it will build the “10X Facility,” its second domesti...

Lockheed Martin’s Sikorsky subsidiary has received two Defense Logistics Agency contracts worth $419.5 million combined to provide spare parts and support services for H-60 and H-53 helicopters. Helicopter Spare Parts Contract Details The Department of Defense said Thursday the firm-fixed-price contracts have a five-year base term and an optio...

General Dynamics Information Technology has secured a $143 million contract from the Naval Air Warfare Center Weapons Division, or NAWCWD, to support the engineering, logistics, intelligence analysis and demonstration of electronic warfare technologies. Top-tier Navy experts will participate in the Potomac Officers Club’s 2025 Navy Summit to e...

Greg Blue, a veteran of the federal government contracting industry, has been appointed president and CEO of Client Solution Architects. CSA said Thursday Blue most recently served as its chief financial officer, responsible for enhancing the company’s financial standing, spearheading various initiatives and fostering strong relationships wit...

Summit 7 has welcomed Bill Wilshire as its new chief delivery officer, a strategic move that underscores the company’s focus on delivering exceptional results to clients in the areas of cybersecurity, compliance and managed services. Wilshire steps into the role with over 25 years of experience in IT services, security and managed solutions, Summi...

Naval Supply Systems Command has issued a solicitation to expand the current pool of vendors competing for task orders as part of the rolling admissions process for the follow-on Worldwide Expeditionary Multiple Award Contract, or WEXMAC 2.1. According to a solicitation notice published Tuesday, NAVSUP launched the WEXMAC 2.1 rolling admissions proc...