By Matt Heideman, Vice President of Public Sector at Mattermost Government missions are complex, often involving multiple parties operating at a significant scale across many disparate obstacles. Regardless of size or objectives, warfighters must carefully orchestrate many interconnected components throughout each stage of any mission, wit...
The Defense Logistics Agency has awarded contract modifications worth $219 million combined to SupplyCore, I-Solutions Direct and TW Metals to continue delivering commercial metal products to U.S. military branches. The Department of Defense said the modifications exercise the second 18-month option term in the firm-fixed-price, indefinite-delivery/...
Gladstone Investment and Proteus Enterprises have signed a definitive agreement to acquire Michigan-based engineering services and systems integration provider Ricardo Defense. The transaction is expected to close by the end of 2024, Gladstone Investment said Thursday. The companies did not disclose additional details about the sale, but Glads...
Oracle has named Bryan Beaulieu, a sales leader who has proven experience capturing and managing public sector acquisitions, as vice president of its homeland security portfolio. Beaulieu confirmed his new role in a LinkedIn post Tuesday. Who is Bryan Beaulieu? Beaulieu’s career at Oracle spans several years. He joined the IT services provid...
Amentum posted $8.4 billion in generally accepted accounting principles, or GAAP, revenues for fiscal year 2024 and reported $13.9 billion in FY 2024 pro forma revenues, reflecting a 4 percent year-over-year increase associated with new contract awards and growth on existing programs. In an earnings release published Monday, the Chantilly, Virginia-...
Core One Solutions has acquired Calhoun International as part of a push to expand the delivery of mission-critical support to agency customers within the Department of Defense and Intelligence Community. With the acquisition, Core One said Tuesday Calhoun Chief Financial Officer Nesha Burrows has joined the company as vice president of national secu...
Rheinmetall AG has completed its acquisition of American vehicle manufacturer Loc Performance Products for $950 million. The Dusseldorf, Germany-headquartered defense contractor said Monday the transaction would expand its presence in the United States, the world’s largest defense market, and strengthen its capability to deliver high-volume milita...
The Department of Veterans Affairs has appointed Steven Braverman, a senior healthcare executive, as chief operating officer of the Veterans Health Administration, or VHA. “It is an absolute honor to continue serving our Nation’s Veterans and their Families by providing the highest quality of care through the best collective group of employees i...
SupplyCore has received a potential $112.5 million contract modification from the Defense Logistics Agency for continued delivery of commercial maintenance, repair and operations products. MRO Contract Option The Department of Defense said the first 18-month option period of the firm-fixed-price contract has been exercised. The material procure...
RTX business Raytheon has received two U.S. Navy contracts worth $360.4 million combined to repair, replace and upgrade parts within two of the 13 major subsystems of the Aegis weapon system. The Department of Defense said Thursday the awards cover support for two major Aegis subsystems: the MK99 fire control system and the Army Navy...
