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Augustine Consulting Inc. has received a $276 million contract from the U.S. Army to provide technical services for the Nett Warrior program. The Department of Defense said Wednesday ACI will perform the work for the cost-plus-fixed-fee contract at its headquarters in Hamilton, New Jersey. The project is expected to be comp...
Lockheed Martin has secured a $211.7 million contract modification from the Missile Defense Agency to provide maintenance and sustainment services to two Terminal High Altitude Area Defense, or THAAD, batteries in the United Arab Emirates. The Department of Defense said Wednesday that the requirement was solicited from Lockheed Martin Space as the o...
V2X has secured a $100 million contract to provide the Federal Bureau of Investigation’s Critical Incident Response Group with aviation maintenance and support services. Aviation Support Services The Virginia-based company said Wednesday the FBI will use V2X’s mission-critical aviation resources to conduct intelligence gathering, investi...
The Federal Emergency Management Agency has announced plans to conduct a competition for a contract to provide financial, internal controls, IT audit and assessment services for FEMA’s Office of the Chief Financial Officer, or OCFO, Risk Management and Compliance Division. According to a notice published Wednesday on the Acquisition Planning F...
Joe Lewis, a veteran cybersecurity and technology executive, shared on LinkedIn Tuesday that he has been named vice president of cybersecurity solutions for health and civil sectors at Leidos. Who Is Joe Lewis? Lewis brings 25 years of leadership experience in the public and private sectors to his new role. The new Leidos executive is...
V2X posted record fourth-quarter revenue of $1.16 billion, reflecting an 11 percent year-over-year growth, and full-year 2024 revenue of $4.32 billion, up 9 percent from the previous year. Q4 & Full-Year 2024 Financial Results In an earnings release published Tuesday, the McLean, Virginia-based defense services contractor said its book-to-bill i...
National security platforms provider VTG has acquired Loki Solutions for an undisclosed sum as part of efforts to expand its portfolio of platforms and services for the U.S. Intelligence Community and government agency customers. Chantilly, Virginia-based VTG said Tuesday the transaction marks its third acquisition since securing a majority investme...
In terms of communications, Department of Defense leaders recognize that U.S. military operations are going to require a varied patchwork of systems and approaches. Both private and public networks have their places in certain environments and for specific purposes; sometimes, one Pentagon leader suggested at a conference in mid-2024, using exi...
Executive Mosaic’s GovCon Index fell -1.89% on Friday to settle at $4,495.05, a new low. The index, which tracks the stock performances of 30 major government contractors, lost -1.77% for the week and posted its fifth consecutive weekly loss. The decline in the Index of Consumer Sentiment due to higher inflation expectations was the headwind...
Sikorsky Aircraft, a Lockheed Martin business unit, has secured a $232.4 million firm-fixed-price contract modification from the U.S. Navy for the procurement of long-lead time materials. Sikorsky Contract Specifications The Department of Defense said Thursday the company will provide additional long-lead time materials to support full rat...
