The White House plans to introduce a $715 billion budget proposal for the Department of Defense for fiscal year 2022, Politico reported Thursday. Politico cited sources that say the budget request would represent a 1.5 percent increase from DOD’s current FY 2021 budget allocation of approximately $704 billion and would be less than the previous...
Executive Mosaic is pleased to introduce Anne Neuberger, deputy national security adviser for cyber and emerging technology at the White House’s National Security Council (NSC), as a recipient of the 2021 Wash100 Award, the most respected award in all of government contracting (GovCon). This marks Neuberger’s second consecutive Wash100 Award. Fo...
Raytheon Technologies (NYSE: RTX) has secured a pair of three-year base contracts worth $112.8 million combined to provide electronic components to U.S. and foreign military sales customers. The firm-fixed-price, indefinite-delivery/indefinite-quantity contracts include one three-year option period and an additional option to extend work by four yea...
Executive Mosaic is honored to present Lt. Gen. Dennis Crall, chief information officer and director of command, control, communications and computers/cyber at the Joint Chiefs of Staff, as a 2021 Wash100 Award recipient for spearheading the development of the Joint All Domain Command and Control (JADC2) strategy and leading innovative technology ef...
Raytheon Technologies’ (NYSE: RTX) missiles and defense business has received a two-year, $79.4 million contract to provide Small Diameter Bomb Increment 2 testing platforms to the U.S Air Force’s joint acquisition program with the U.S. Navy. The sole-source cost-plus-fixed-fee contract will also include tasks to assemble, test and integrate...
General Dynamics‘ (NYSE: GD) information technology business has won a 10-year, $95 million contract to provide consulting and oversight for regulatory processes at U.S. Army Medical Research and Development Command. The company will also provide contract research support to the under the hybrid contract, the Department of Defense said Wednesd...
Lockheed Martin‘s (NYSE: LMT) missiles and fire control business has secured a $610.5 million contract from the Missile Defense Agency to continue providing a range of support services for Saudi Arabia’s Terminal High Altitude Area Defense system to fulfill a foreign military sales requirement. Work under the THAAD FMS Phase II contract ...
General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) have received separate firm-fixed-price contracts to manufacture cartridges for the U.S. Army’s 120mm Tank Training Ammunition program. The service branch awarded $65.3 million to General Dynamics’ ordnance and tactical systems unit and $54.5 million to Northrop’s Alliant...
Jerry McGinn, executive director of the Center for Government Contracting at George Mason University’s School of Business, wrote in a commentary published Tuesday on Defense News that the current administration should take a “steady as she goes” approach toward mergers and acquisitions in the aerospace and defense market by relying on the stre...
Olgoonik’s federal business has won a five-year, $125 million contract to perform distribution and warehousing support work for the Defense Logistics Agency. The company will help DLA distribute products to the Department of Defense and federal civilian agencies through the indefinite-delivery/indefinite-quantity contract, DOD said Tuesday. DL...
