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DHS terminated the FirstSource III contract for IT services and the PACTS III contract for professional servicesAcquisition & Procurement
  • July 1, 2025

    DHS Cancels FirstSource III IT Support, PACTS III Professional Services Contracts

    The Department of Homeland Security has decided to cancel the FirstSource III and PACTS III contract vehicles for IT support
    Cedric Sims, a more than 25-year public sector leader, joined Emagine IT as chief executive officerExecutive Moves
    • July 1, 2025

      Cedric Sims Named Emagine IT CEO

      Bethesda, Maryland-based Emagine IT has appointed Cedric Sims, a more than 25-year public sector leader, as CEO. In this capacity,
      TransDigm agreed to acquire RTX business Simmonds Precision Products, a maker of fuel and proximity sensing systemsM&A Activity
      • July 1, 2025

        TransDigm Strikes $765M Deal to Acquire Simmonds

        TransDigm Group has agreed to acquire Simmonds Precision Products from defense contractor RTX for approximately $765 million in cash. TransDigm
        Boeing appoints Jesus "Jay" Malave as new CFO, effective Aug. 15.Executive Moves
        • July 1, 2025

          Former Lockheed CFO Jesus “Jay” Malave Moves to Boeing as EVP, CFO

          Boeing has announced the appointment of Jesus “Jay” Malave as executive vice president and chief financial officer, effective Aug. 15.
          Michael Greenman, Deltek senior manager for cloud solutions said small GovCons should be wary of slashing labor costsIndustry News
          • July 1, 2025

            AI Could Help Small GovCons Curb Growth Struggles, Deltek Study Suggests

            AI technologies such as generative AI could help small GovCons improve efficiency in light of weak growth forecasts, according to
            HPE and Juniper Networks reached a settlement with DOJ to address a lawsuit challenging their proposed mergerM&A Activity
            • June 30, 2025

              HPE, Juniper Reach Deal With DOJ to Clear Planned $14B Acquisition

              Hewlett Packard Enterprise and Juniper Networks have reached a settlement with the Department of Justice, paving the way for HPE
              Navy awards GD Electric Boat a $1.85 billion contract modification to support Virginia-class Block VI submarines.Contract Awards
              • June 27, 2025

                Navy Awards $1.85B Virginia-Class Submarine Support Contract Modification

                The U.S. Navy has awarded General Dynamics Electric Boat a $1.85 billion undefinitized contract action modification to a previously awarded
                DOD issued its $961.6 billion proposed fiscal 2026 budget, which includes $301.1 billion for the U.S. Air ForceDOD
                • June 27, 2025

                  DOD Unveils $961.6B Fiscal Year 2026 Budget Request

                  Senior Department of Defense officials and military leaders released on Thursday DOD’s $961.6 billion fiscal year 2026 proposed budget, which
                  Julia Martin selected as interim CEO by the ATI Board of DirectorsExecutive Moves
                  • June 27, 2025

                    Julia Martin Appointed Advanced Technology International’s Interim CEO

                    Julia Martin has been selected to take on the interim CEO role and lead Advanced Technology International during the transition period. ATI
                    Lockheed Martin completes Rapid Solutions acquisition from AmentumM&A Activity
                    • June 27, 2025

                      Lockheed Martin Acquires Amentum’s Rapid Solutions Business

                      Lockheed Martin has completed its acquisition of the Rapid Solutions business unit of Amentum. Lockheed said Thursday the move is intended to
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