Shield AI has appointed Gary Steele, a seasoned technology executive, as the new CEO, succeeding co-founder Ryan Tseng who will now serve as president of the company. The defense technology company specializing in autonomy software and defense aircraft said Wednesday Steele will officially assume the role on May 13 and will also...
V2X has landed a $100 million firm-fixed-price contract from the U.S. Navy to provide support services to its Aegis Ashore facilities in Poland. Enhancing NATO Missile Defense The company said Tuesday the firm-fixed-price contract covers support services at the Aegis Ashore Missile Defense System Naval Support Facility in Redizkowo, Poland. The deal...
The Air Force Life Cycle Management Center’s Training Directorate has awarded a $100 million contract to Yulista, an aerospace company headquartered in Huntsville, Alabama. Under the contract, Yulista will support the Air Force Sustainment Center’s T-38 Talon Repair, Inspection and Maintenance, or TRIM, program and more rapidly retu...
HawkEye 360 has named eight national security experts to its advisory board’s class of 2025. The signals intelligence data provider said Tuesday its newly appointed advisers are Mike Gilday, a retired U.S. Navy admiral; Christopher Miller, former acting secretary of defense; and Mike Studeman, a retired U.S. Navy rear admiral. The returning me...
Rocket Lab has announced its intent to acquire laser communications provider Mynaric to expand its portfolio of satellite components, software and subsystems and improve its ability to vertically integrate the production and management of its future satellite application goals. The Long Beach, California-based space company said Tuesday the nonbindi...
The Transportation Security Administration has announced plans to launch a competition for a follow-on indefinite-delivery/indefinite-quantity contract or a blanket purchase agreement, or BPA, to replace network equipment and provide licensing and maintenance support to meet mission needs. According to a notice published Thursday on the Acquisition ...
The Senate on Thursday voted 53-43 to confirm Troy Edgar, most recently an IBM executive, as deputy secretary of the Department of Homeland Security. Kristi Noem, secretary of DHS and a 2025 Wash100 awardee, congratulated Edgar on his confirmation. “I look forward to working alongside Troy to ensure that the United States, once again, is...
McAleese & Associates reported that the House on Saturday introduced a continuing resolution, or CR, to fund federal government operations at current fiscal 2024 funding levels through the end of September. The current stopgap bill is set to expire on March 14. CBS News reported that the House Rules Committee is expected to tackle the...
Executive Mosaic’s GovCon Index finished +2.37% higher at $4,656.07 Friday to register a second straight winning week. The index, which tracks the stock performances of 30 major government contractors, posted a +3.3% week-on-week gain overall despite three broad market selloffs during the week. It also trimmed the year-to-date loss to -3.87% f...
Leading Technology Composites has secured an $856.7 million contract from the U.S. Army for the procurement of advanced combat helmets. The Department of Defense said Thursday the firm-fixed-price contract covers the production of 406,384 units of Next Generation Integrated Head Protection Systems, or NG IHPS. The Wichita, Kansas-base...
