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Mark Drever. The Xcelerate CEO commented on the company's acquisition of GDIT background investigation assets.M&A Activity
  • September 17, 2025

    Xcelerate Acquires GDIT’s Background Investigation Assets

    McLean, Virginia-based Xcelerate Solutions has completed its acquisition of General Dynamics Information Technology’s background investigation assets. Xcelerate said Tuesday it
    Howard Lutnick. The Commerce secretary said the Pentagon mulls taking equity stakes in defense contractors.DOD
    • August 27, 2025

      Howard Lutnick: Top DOD Leaders Consider Taking Stakes in Defense Contractors

      Commerce Secretary Howard Lutnick said top Department of Defense officials are “thinking about” whether the U.S. should take equity stakes
      BAE Systems Inc. President and CEO Tom Arseneault. Arseneault commented on the U.S. defense budget request and Golden Dome.DOD
      • July 31, 2025

        BAE US Arm’s Tom Arseneault on US Defense Budget, Golden Dome

        Tom Arseneault, president and CEO of BAE Systems Inc., said the U.S. business is well positioned to benefit from the
        Department of Defense seal. DOD terminated the Advancing AI Multiple Award Contract's draft solicitation.Acquisition & Procurement
        • July 28, 2025

          DOD Cancels Draft Solicitation for AI Advancement Contract

          The Department of Defense has terminated its draft solicitation for the Advancing Artificial Intelligence Multiple Award Contract, or AAMAC. In
          LMI logo. LMI secured a potential $117 million Washington Headquarters Services contract for professional support services.Contract Awards
          • July 21, 2025

            LMI Lands Potential $117M WHS Contract for Professional Support Services

            LMI has secured a potential $116.7 million firm-fixed-price contract from the Washington Headquarters Services to provide professional support services to the
            Rare earth producer MP Materials received from DOD a package of investments and long-term commitments under a partnershipDOD
            • July 11, 2025

              MP Materials, DOD Partner to Boost US Rare Earth Magnet Supply

              MP Materials and the Department of Defense have entered into a public-private partnership to boost the supply of U.S. rare
              GMU’s Baroni Center released the 2025 Government Contracting Trends and Performance IndexAcquisition & Procurement
              • July 9, 2025

                GMU’s Baroni Center Analyzes GovCon Trends in Inaugural Index

                The Greg and Camille Baroni Center for Government Contracting research team at George Mason University’s Costello College of Business has
                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
                  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
                    Company logo of OpenAIArtificial Intelligence
                    • June 17, 2025

                      OpenAI Books $200M DOD OTA for Frontier AI Prototyping Work

                      OpenAI has received a potential $200 million other transaction agreement from the Department of Defense’s Chief Digital and Artificial Intelligence
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                      About GovConWire

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                      • CISA, NIST Release Draft Report on Identity Token Cyberthreats for Public Comment
                      • War Department to Provide xAI for Government Capabilities via GenAI.mil
                      • HHS Proposes HTI-5 Rule to Cut Health IT Burden, Advance AI-Enabled Interoperability
                      • NIST Invests $20M to Establish AI Centers for Manufacturing, Critical Infrastructure Security
                      • Pentagon Makes Initial FY 2026 Selections Under APFIT Program
                      • Edward Forst Confirmed as GSA Administrator

                      RSS ExecutiveBiz

                      • DecisionPoint–Agile Defense JV Added to GSA’s Polaris SDVOSB GWAC
                      • Parsons Expands Role on DARPA Blackjack With $30M SDA Contract Novation
                      • Zscaler’s Federal CTO Discusses Zero Trust Implementation for OT, IoT
                      • RTX Secures $842M Army Contract for Fire Units Production
                      • Carahsoft to Bring Tom Sawyer Software’s Graph AI Tech to Government Clients
                      • Lockheed, MANTECH Partner on AI-Based Aircraft Sustainment
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