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Bluestone Investment Partners has made an investment in Precise Systems, a Maryland-headquartered provider of software development and other professional support services to the Department of Defense. The companies said Tuesday in a joint statement that Scott Pfister, former president and chief operating officer of Precise Systems, has been appointe...

Lockheed Martin‘s (NYSE: LMT) aeronautics business segment has booked a $7.8 billion contract modification from the U.S. Navy to manufacture 126 F-35 fighter jets for domestic and international military customers. The award reflects an option for lot 17 production and delivery services covering 81 F-35A, 26 F-35B and 19 F-35C units, the Depart...

ASRC Federal has acquired Manassas, Virginia-headquartered Broadleaf as part of government portfolio and market expansion efforts. Financial terms of the transaction were not disclosed and ASRC Federal said Monday the company gains 600 employees who provide support to the U.S. Army, Navy and the Defense Counterintelligence and Security Agency. “Th...

Guam-based Black Micro Corp. has booked a potential $225.7 million contract to conduct four construction activities at Tinian International Airport in the Commonwealth of Northern Mariana Islands, with the U.S. Air Force obligating $221.7 million at the time of award. The projects involve building a cargo pad with taxiway extension, fuel t...

By Kevin Plexico, Senior Vice President of Information Solutions at Deltek In March, the Office of Management and Budget officially released the Biden Administration’s initial fiscal year 2024 discretionary budget request. This initial budget proposal includes a total of approximately $1.8 trillion in top-line discretionary budget requests fo...

Josh Forman, formerly a senior vice president at Core4ce, has been appointed vice president of business development at Slingshot Aerospace, according to a LinkedIn post. He will oversee the space simulation and analytics company’s BD initiatives in the Department of Defense market. Forman served in the U.S. Navy as an intelligence specialist e...

GovCon Expert Chuck Brooks is a top voice in cybersecurity and government technology usage at large. He is an adjunct professor at Georgetown University focusing on risk management, homeland security technologies and, of course, cybersecurity and has won a number of distinctions over the years. Brooks recently interviewed Kelley Kiernan, t...

Photo Contributor: Tsuguliev/Shutterstock   The defense industry is one of the world’s largest and most competitive industries. The U.S. federal government agencies under the Department of Defense are actively procuring defense products and upgrading existing systems with the latest technology to strengthen the nation’s military fo...

The construction industry holds a prominent position among government contractors, securing numerous contracts from federal agencies. These contracts are awarded to construction companies responsible for building vital infrastructure projects across various sectors, including defense, homeland security, logistics, transportation, technology, and mor...