Potomac Officers Club, the leading membership organization dedicated to connecting and empowering executives within the government contracting (GovCon) community, hosted its 2021 Air Force Acquisition Forum on Thursday, July 8th. The 2021 Air Force Acquisition Forum presented notable and influential leaders discussing the importance of digital trans...
David Stagney, senior director at Pratt & Whitney, served as moderator for an expert panel discussion during the Potomac Officers Club’s 2021 Air Force Acquisition Forum on July 8th. The following panelist discussed embracing digital transformation and agile development featuring Preston Dunlap of the Department of the Air and Space Forc...
Huntington Ingalls Industries (NYSE: HII) has agreed to buy Alion Science and Technology from Veritas Capital for approximately $1.65 billion in cash as part of a push to expand its technical capabilities and portfolio of national security platforms. HII said Tuesday it expects the transaction to conclude in the second half of 2021 and help...
The Department of Defense decided to end the prolonged court battle over the Joint Enterprise Defense Infrastructure program by dropping the JEDI cloud contract and announced plans to launch a new procurement effort to meet its cloud computing requirements. DOD said Tuesday the decision was due to a more mature cloud conversancy, industry advancemen...
The U.S. Air Force has released a request for proposals for a potential $4.79 billion contract vehicle for services related to research, development and sustainment of hardware and software capabilities to support the intelligence production requirements of the military branch, Department of Defense and intelligence community. The NOVASTAR indefinit...
“Technology innovation is the battlefield of today.” Amid the pandemic, the Department of Air Force indicated in its fiscal 2019/2020 Acquisition Biennial Report how it developed innovative strategies to carry on with its missions and integrate digital engineering into its operations. From executing the pioneer end-to-end demonstration of the Ad...
Raytheon Technologies (NYSE: RTX) will begin manufacturing Next Generation Jammer Mid-Band pods for the U.S. Navy’s electronic warfare aircraft fleet after the company received a $172 million low rate initial production contract. Naval Air Systems Command has ordered three NGJ-MB ship sets along with associated equipment, technical data and go...
Client Solution Architects, a provider of digital transformation services to the Department of Defense and other federal government clients, has purchased Capstone for an undisclosed sum as part of efforts to expand its portfolio and footprint in the federal information technology services market. CSA said Thursday the combined company is expected t...
Lockheed Martin (NYSE: LMT) has been awarded a $1.80 billion contract to perform recurring logistics work for domestic and international military customers that received F-35 air systems. The company’s aeronautics segment will conduct depot activation, ground maintenance, supply chain management and initial training efforts as part of the unde...
The proposed combination of Santa Clara, California-based in-space transportation services provider Momentus and Stable Road Acquisition (Nasdaq: SRAC), a special purpose acquisition company, is now valued at approximately $700 million under an amended merger agreement that reflects changes in Momentus’ launch schedule. Momentus said Wednesday its...
