Knoxville, Tennessee-based Management Solutions will help the Department of Energy review and monitor clean energy demonstration projects under a potential five-year, $192 million contract. AECOM (NYSE: ACM) and Navarro Research and Engineering will serve as subcontractors in support of DOE’s office of clean energy demonstrations and third-par...
Higher sales from commercial airplanes and the defense, space and security business contributed to Boeing’s (NYSE: BA) $17.9 billion revenue for the first quarter of 2023. The company on Wednesday published its quarterly performance, which reflected a 28 percent increase in revenue compared to the same period last year. Boeing’s commerci...
Science Applications International Corp. (NYSE: SAIC) will help the Defense Counterintelligence and Security Agency update information technology systems under a potential five-year, $889 million contract. The General Services Administration’s Federal Systems Integration and Management Center issued the award for “One IT” development and i...
Gerry Dorros, a government services sector veteran with more than two decades of investment and operational experience, has been named managing director at private equity firm Sagewind Capital. He will lead the establishment of Sagewind’s Washington, D.C. office, the New York-based private equity firm said Tuesday. Dorros is a founding member ...
Sean Duguay, a nearly three-decade government market veteran, has been named president and chief revenue officer at Arlington, Virginia-based information technology company M9 Solutions. Duguay pointed to M9’s leadership, growth potential and culture as the main factors that drove him to accept the job, the company said Tuesday. He spent more ...
Evan Lovell, chief investment officer of the Virgin Group, has been appointed chair of the board of directors at commercial spaceflight and vehicle development company Virgin Galactic (NYSE: SPCE). Lovell has served as the company’s interim chair since February 2022 and has two decades of global private equity and mergers and acquisitions expe...
A report from the Stockholm International Peace Research Institute shows that amid high inflation, U.S. defense spending hit $877 billion in 2022, accounting for 39 percent of total military expenditure worldwide and reflecting a 0.7 percent real terms increase in spending. SIPRI said Monday the U.S. earmarked $295 billion to military operations and...
The U.S. Air Force has released a presolicitation notice for a range of services in support of electromagnetic systems, events and signatures over a potential 10-year period. According to a draft request for proposals posted Friday on SAM.gov, Sensor Beam 2024 is a sole-source contract with a ceiling of $400 million, a base ordering period...
Engineering Solutions and Meadowgate Technologies have agreed to combine to establish a new entity focused on delivering hybrid information technology platforms and professional services to the national security community. Meadowgate CEO Tom Lash will lead the new company, which will provide technology consulting, systems engineering, product ...
Mara Motherway, former senior vice president of government and customer relations at Peraton, has joined defense technology maker Epirus as chief growth officer. She will oversee corporate campaigns, marketing, business development, communications and government relations in her new role, Epirus said Thursday. While at Peraton, Motherway led the gov...
