Tag Archives: Pentagon

Weekly Roundup July 16 – July 20, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories Jim Garrettson, Executive Mosaic CEO       L3 Technologies Enjoys Strong M&A Activity in July This week, I’d like to highlight L3 Technologies which has engaged in …

Lockheed Martin (NYSE: LMT) has won a potential five-year, $77.7 million contract to provide cybersecurity support for U.S. Navy information technology systems. The Defense Department said Monday Lockheed will help the military branch’s cyber personnel to design, analyze, develop, test, integrate, deploy and operate IT security platforms. Five offers were submitted to the Naval Air …

Defense Innovation Unit Experimental (DIUx,) the Department of Defense’s outreach office to Silicon Valley, needs emergency funding to keep key programs operating, and DoD is poised to grant their request, Defense News reports. The vice chairman of the Joint Chiefs of Staff, Gen. Paul Selva, said Tuesday that DIUx chief Raj …

The U.S. Digital Service released its first report to Congress under the Trump administration, detailing its progress on 10 projects to modernize digital functionality within Federal departments. Projects include the General Services Administration’s common identity project login.gov, modernizing the Small Business Administration’s certify site, simplifying the Department of Veterans Affairs’s Vets.gov, sponsoring …

The House Armed Services Committee voted down an amendment that would have halted the creation of a U.S. Space Corps and instead moved forward with the provision as part of the National Defense Authorization Act (NDAA) which passed late Wednesday night. The provision creates a separate military branch for space …

The Department of Defense is asking for $42.5 billion in IT funding, a 5.3 percent increase over last year. From that top line number, $9.3 billion is reserved for classified investments and expenses, with $33.2 billion going to unclassified investments and expenses, according to  documents from the department’s comptroller reveal. …

The Department of Defense is planning to send between 3,000 to 5,000 additional U.S. troops to Afghanistan, reports CBS News. An announcement on the exact number from Defense Secretary Jim Mattis is expected in the next few days or weeks. The top U.S. commander in Afghanistan has said that he …

The Trump administration’s 2018 budget calls for $640 billion in military spending, $52 billion over current year spending and breaking the current budget caps. Nevertheless, the Pentagon claims it has found “efficiency” savings of $1.2 billion in savings for fiscal year 2018, reports Federal News Radio, and that this will result …

Of the $15 billion in supplemental wartime spending in the 2017 federal spending bill, $2.5 billion will be withheld until 15 days after the president provides Congress with a strategy to defeat the Islamic State (ISIS). The defense secretary and secretary of state will also be required to update the Armed …

SpaceX has won a potential two-year, $96.5 million contract from the U.S. Air Force to help the service branch send a GPS III satellite into orbit. The Defense Department said Tuesday that SpaceX will conduct satellite launch vehicle production, launch operations, mission integration, mission and spaceflight worthiness efforts under the firm-fixed-price contract. DoD noted …