A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector hit $15 billion in the first quarter of fiscal 2018, reflecting a 28 percent increase over the previous quarter and a 19 percent rise from the same period last year. PwC reported that global A&D companies posted 86 M&A...
AT&T (NYSE: T) has won a potential 10-year, $3.3 billion contract to provide information technology support services for the National Security Agency, Nextgov reported Wednesday. AT&T submitted a $2.55 billion bid for the Regional Infrastructure Services I contract and was selected by NSA for exceeding the requirements in several areas such ...
The U.S. Transportation Command will now start the migration of data and applications to an Amazon Web Services-built cloud platform designed to host intelligence community clients™ workloads classified at the œsecret level, Nextgov reported Tuesday. Trancom™s decision to move data to the AWS Secret Region came after Microso...
Weekly Roundup January 26 – February 2, 2018 Click here to see Real-Time GovCon Sector Quotes The GovCon “Popular Vote” is Rocked Craig Abod, Paul Smith, Stu Shea, Bill Rowan, & Larry Prior Among Early Leaders Jim Garrettson, Executive Mosaic CEO Last week, Executive Mosaic announced its 5th annual list of ...
A new study by RAND Corp. has found that bid protests that defense contractors filed with the Government Accountability Office do not hamper the Defense Department™s procurement process for weapons and services, Bloomberg reported Thursday. RAND™s National Defense Research Institute carried out the congressionally mandated study and f...
The Pentagon™s most expensive F-35 fighter jet program is expected to become even more pricey as costs spike nearly 7 percent to $406.5 billion. There is at least $27 billion in overruns, according to a draft of the Selected Acquisition Report to be submitted this week to Congress obtained by Bloomberg. After years of declines, the...
TYSONS CORNER, VA, July 7, 2017 ” Cameron Chehreh, chief technology officer of Dell EMC™s federal business, has said the role of agency chief information officers in information technology procurement and deployment will change with the Federal IT Acquisition Reform Act, ExecutiveBiz reported Thursday. Signal Magazine report...
Over the past decade, the U.S. Army has spent over $20 billion each year to develop and acquire weapon systems, but it canceled many of those due to the realization that requirements would not be met — and a government watchdog report indicates this problem is likely to continue if the Army does not address its...
Weekly Roundup June 5 – June 9 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This past Wednesday, President Trump brought attention to his plan to overhaul the crumbling infrastructure of the U.S. During a speech in Cincinnati, Ohio, Trump called for bipartisan coope...
The Department of Homeland Security (DHS) announced to the several companies and the Government Accountability Office (GAO) that it has cancelled its $1.5 billion contract vehicle for agile development services. DHS will no longer move forward with the small business procurement process known as Flexible Agile Support for the Homeland (FLASH,) repor...
