Potomac Officers Club hosted its Winning With the Network: Securing Data in Motion to the Tactical Edge, the latest event in POC’s JADC2 Series, to bring together the members of the federal sector and government contracting (GovCon) industry to learn more about how the Department of Defense and its commercial partners are leveraging advanced 5G,...
Sincerus Global Solutions, has booked multiple contracts worth more than $40 million combined to support nine State Department programs abroad. The company said Tuesday the awards build upon its experience helping clients manage global security sector reform efforts. Arlington, Virginia-based Sincerus offers expeditionary mission support, project ma...
AECOM (NYSE: ACM) will continue to offer architecture and engineering services to the U.S. Agency for International Development through the company’s position on a multiple-award $800 million contract vehicle. The company said Wednesday it aims to help address USAID’s critical infrastructure requirements through the indefinite-delivery/indef...
Clara Conti, a more than 20-year technology industry leader, has joined Red Hat as vice president and general manager of the company’s public sector business, according to a LinkedIn post. She brings to Red Hat over two decades of experience in strategic planning and execution, pipeline development, customer acquisition and retention policy im...
Theresa Condor, formerly an executive vice president of Spire Global (NYSE: SPIR), has been elevated to the chief operating officer role at the Vienna, Virginia-based space data and analytics provider. She will be responsible for overseeing the company’s weather, aviation, Earth intelligence and space services businesses across the globe, Spir...
Lockheed Martin (NYSE: LMT) reported $16 billion in net sales and $614 million, or $2.21 per share, in net earnings from continuing operations during the third quarter of fiscal year 2021. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it generated $1.9 billion in Q3 cash from operations, raised its quarterly dividend to ...
Digital Management Holdings, also known as DMI, has secured a strategic investment from an affiliate of New York-based private equity firm OceanSound Partners and will use the funds to expand its geographic presence and technological offerings in support of customers’ digital transformation efforts. Established in 2002, DMI is a Bethesda, Maryland...
Fixed-Price Contracts The pricing of this group of government contracts will not change. However, there are times when a ceiling price, target price, or even both are used. It’s also worth noting that with fixed-price contracts, the risk is transferred to the contract. This is due to the fact that these government contracts are not...
Matt Cornwell, a 14-year defense industry veteran, has been named president of Warrenton, Virginia-based propulsion technology developer SPARC Research. He succeeds Patrick Hewitt, who has transitioned to a new role as CEO of SPARC Holding Company, the research business said Monday. Cornwell previously held finance, proposal development and advanced...
Positioning, navigation and timing technology provider Orolia has agreed to acquire Granada, Spain-based Seven Solutions in a move to expand the former’s product portfolio for defense, telecommunications, data center, smart grid and aerospace applications. Orolio said Monday it expects to close the transaction before the end of 2021 and pursue...
