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Tag Archives: govcon

Transcom Picks 11 Companies for $126M Multimodal Transport Services IDIQ

U.S. Transportation Command has selected 11 firms to provide multimodal transportation services under a potential two-year, $126.1M contract. The Multimodal-3 indefinite-delivery/indefinite-quantity contract covers global support for Transcom's Surface Deployment and Distribution Command, the Department of Defense said Friday.

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Pratt & Whitney Receives $3.2B Modification on F-35 Propulsion System Production, Delivery Contract

United Technologies Corp.'s Pratt and Whitney has secured a $3.24B contract modification to produce 233 propulsion systems for the F-35 program. Pratt and Whitney will provide 56 F135 propulsion systems to the U.S. Air Force, 10 to the Navy, 24 to the U.S. Marine Corps and 143 to non-defense and foreign military sales customers, the Department of Defense said Friday.

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Randy Phillips: Leidos Considers Several Acquisition Targets, Eyes Organic Growth

Randy Phillips, head of corporate development at Leidos (NYSE: LDOS), said the company is looking at several acquisition targets and he believes mergers and acquisitions won’t slow down for GovCon firms, the Washington Business Journal reported Friday. “We’re all still looking for growth. We all want to focus on organic growth,” Phillips said at an event Friday.

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NewWave Eyes Value-Based Care Tech Expansion via iQuartic Purchase; Patrick Munis, Ze Jiang Quoted

Elkridge, Md.-based NewWave Telecom & Technologies has acquired artificial intelligence company iQuartic for an undisclosed sum in a move to expand its offerings with the addition of value-based care platforms with AI capabilities for health care organizations.

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