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The Defense Logistics Agency awarded six companies a one-year, $4B bridge contract to provide special operations equipment to all branches of the U.S. Armed Forces. The agency, a unit of the Department of Defense, will use fiscal 2019 defense working capital funds on the firm-fixed-price and indefinite-delivery/indefinite-quantity contract, the depa...

On Wednesday, Feb. 13th, GovCon leaders from public and private sectors gathered at the Hilton in McLean, Va., for the Potomac Officers Club™s 2019 Artificial Intelligence Summit. The event featured three keynote speakers and two separate panels featuring some of the top experts in the artificial intelligence sector. Following the opening keyno...

CGI™s (NYSE: GIB) federal business has received a potential $530 million task order to provide cybersecurity services to federal agencies under the next iteration of the Continuous Diagnostics and Mitigation program, MeriTalk reported Tuesday. The task order awarded under the CDM Dynamic and Evolving Federal Enterprise Network Defense ...

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...