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The Department of Defense has begun its search for a new executive who will succeed Michael Brown as director of the Defense Innovation Unit, which helps DOD speed up the adoption of commercial technologies to strengthen national security. Brown, a 2022 Wash100 Award winner, will step down from his role as DIU director once his...
BAE Systems’ ordnance unit will continue to run a government-owned ammunition manufacturing complex in Virginia under a $1.29 billion contract modification from the U.S. Army. The award covers operational services to the Radford Army Ammunition Plant and the production of propellant components for military use, the Department of Defense said Frida...
Does Lockheed Martin have government contracts? The primary activities of Lockheed Martin, a multinational security and aerospace company, are the design, research, manufacture, business development, integration, and maintenance of high-tech equipment. Although the company is a private company, it mainly offers its products and services to th...
Vince Vlasho, a senior managing director and defense portfolio lead for Accenture Federal Services (AFS), was recently presented his first Wash100 Award, the highest honor in government contracting (GovCon), by Executive Mosaic CEO Jim Garrettson during a visit to the company’s office. Executive Mosaic recognizes Vince Vlasho as a 2022 Wash10...
The Senate on Wednesday confirmed Michael Barr, a law professor and a former Department of Treasury official, to serve as vice chair of the Federal Reserve for supervision. President Joe Biden described the Senate vote an “important progress” for his plan to address inflation, the White House said Wednesday. The upper chamber on Wednesday approv...
With the threat of cyberattacks on the rise, the U.S. military is making cyber defense capabilities a top priority. The cyber domain of today is highly volatile; our adversaries are becoming more sophisticated in their cyber warfare tactics, and any vulnerability within an organization’s IT environment can and will be exploited. “We’re not...
The Department of Defense received a five percent, $39 billion increase in its funding for 2022. However, President Biden signed the deal in late March of this year, and first quarter financial results within the government contracting ecosystem are now revealing the full impact of this delay. In the third and final installment of his video...
Roger Krone, chairman and CEO of Leidos, recently received his 2022 Wash100 Award, which makes Krone the only nine-time winner of the highest honor and most prestigious award in all of government contracting (GovCon). Executive Mosaic CEO Jim Garrettson recently presented Krone’s ninth Wash100 Award for his leadership and drive for company grow...
General Dynamics‘ (NYSE: GD) land systems business will provide active protection system kits to the U.S. Army for main battle tanks under a five-year, $280.1 million contract. The service branch will use the Trophy kits on its M1A2 SEPv2 and M1A2 SEPv3 Abrams family of vehicles, the Department of Defense said Thursday. Army Contracting Comman...
The U.S. Navy has added eight companies as awardees on a $2.12 billion multiple-award contract to provide husbanding, management and integration services to maritime forces who participate in exercises or missions led by the Department of Defense and NATO. Work covers land transportation, communications, force protection, general charter and hire se...
