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...
2024 has seen a number of significant mergers and acquisitions in the government contracting sector. With organizations seeking to expand their portfolios, increase competitive advantage and break into new markets, M&A activity has transformed the industry. From aerospace and defense to cybersecurity and technology innovation, these deals are re...
Northrop Grumman has won a U.S. Navy contract worth approximately $3.5 billion to provide mission-systems integration support for E-130J, the service branch’s new nuclear command, control and communications aircraft. The Navy said Wednesday E-130J will replace the E-6B Mercury aircraft in performing the take charge and move out, or TACAMO, mission...
The General Services Administration has released the list of awardees under the second rolling awards process for the unrestricted track of the One Acquisition Solution for Integrated Services Plus, or OASIS+, contract program. GSA said Tuesday it sent notices to proceed, or NTPs, to OASIS+ Unrestricted contract awardees across eight domains: techni...
Firestorm Labs has secured a $100 million Small Business Innovation Research Phase III contract from the U.S. Air Force for small unmanned aerial systems, research and development and support services. The Department of Defense said Wednesday that under the decentralized indefinite-delivery/indefinite-quantity contract, the San Diego, Californ...
The Senate voted 85-14 on Wednesday to pass a defense bill that would authorize $895.2 billion in fiscal year 2025 funding for national defense. The Senate Armed Services Committee said Wednesday the FY 2025 National Defense Authorization Act, or NDAA, would authorize $849.9 billion for the Department of Defense and $33.3 billion for the Department...
Current events are changing and shaping the military health landscape. From the global pandemic to increasingly contested environments, military branches are considering a wide range of emerging factors as they look to advance military health. GovCon Wire sat down with Corey Hastings, chief financial officer at the Henry M. Jackson Foundation f...
There are few people more qualified on the subject of wireless networking and communications than Dr. Thomas Rondeau. The highly knowledgeable, innovative official is currently steering research and development work on future generation, or FutureG, technologies at the Department of Defense as a principal director. He’s been at the DOD in var...
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...
David Bradley was appointed vice president of space and strategy within the Electro Optics/Infrared Sensors Group at Leonardo DRS, the executive announced in a LinkedIn post Tuesday. Bradley most recently served as VP of strategy and business development for space and intelligence systems at General Dynamics‘ mission systems business. He initi...
