The Hon. Kevin Fahey, assistant secretary for acquisition at the Department of Defense, delivered the opening keynote address during GovConWire’s Defense Digital Acquisition and Modernization Forum on December 1st. Vince Vlasho, Managing Director, Defense & Intelligence with Accenture Federal Services (AFS), introduced Fahey and moderated his ...
Amentum has received a three-year, $22 million task order to conduct research, development, test and evaluation of launch test support equipment for the strategic systems hardware division at Naval Surface Warfare Center, Crane Division. Jill Bruning, president of Amentum’s IS4 strategic business unit, said the company will work to help NSWC Crane...
Mercury Systems (Nasdaq: MRCY) has agreed to purchase Torrance, California-based defense systems integrator Physical Optics Corp. for approximately $310M in cash to expand the former's global avionics and missions systems portfolio. Mark Aslett, president and CEO of Mercury, said the deal would expand platform and mission management content on ...
Veritas Capital has agreed to acquire Northrop Grumman’s (NYSE: NOC) federal information technology and mission support services business for approximately $3.4B in cash. The transaction is expected to conclude in the first half of 2021 and Veritas said Monday it expects to merge the Northrop federal IT business with its portfolio company Peraton ...
Cobham Mission Systems has been awarded a contract from the U.S. Naval Air Systems Command (NAVAIR) to equip new F/A-18 combat jets with GGU-12 oxygen concentrators and CRU-99 oxygen monitors. “Cobham appreciates this continued show of confidence in the performance of our oxygen life support equipment,” said Jason Apelquist, senior vice presiden...
Boeing (NYSE: BA), General Atomics' aeronautical systems business and Kratos Defense & Security Solutions (Nasdaq: KTOS) have received separate two-year contracts worth $77.8M combined to develop prototype unmanned air vehicles for the U.S. Air Force's manned-unmanned teaming experimentation initiative. All three companies will aim to ...
LMI executives Pete Pflugrath and Josh Wilson have been appointed as senior vice presidents for the nonprofit company's markets and growth and service lines and technology groups, respectively....
Curtiss-Wright (NYSE: CW) plans to appoint Lynn Bamford, president of its defense and power segments, to become the corporation's president and CEO. She would succeed David Adams who plans to retire on Jan. 1, concluding the latter's seven-year tenure as CEO and over two decades of service with the company, Curtiss-Wright said Thursday....
Red River has appointed Jeff Snider as chief growth officer (CGO), effective immediately, to develop its contract portfolio with new contract vehicles and programs supporting the company’s federal, state and local government customers. He previously served as Red River’s vice president of strategy development. “Red River has grown tremendousl...
President Donald Trump signed Thursday an executive order to guide agencies on the adoption of artificial intelligence to facilitate the delivery of services to U.S. citizens and promote public trust in AI. The executive order establishes nine common principles for the design, development, use and acquisition of AI: lawful; accurate, reliable and ef...
