GovConWire's Government Contracting News 11/15/2022

The financial ecosystem of the government contracting landscape is constantly evolving and changing to address emerging mission needs, support new requirements and propel the nation forward in today’s era of global competition.  Having been in GovCon finance for over two decades, Chris Cage is both uniquely familiar with and well-positioned to lead his organization through these

Kevin Sullivan, former corporate comptroller of Valiant Integrated Services, has been promoted to senior vice president and chief financial officer at the Herndon, Virginia-based government contractor. He replaces Mike Devoto, who has served as Valiant’s CFO on an acting basis and will transition to the position of executive VP for strategic programs, the company said

As the U.S. military pivots toward the escalating peer competition and accelerates its migration to the cloud, its leaders are examining how to leverage cloud computing from operational scenarios all the way to the tactical edge. Expanding the military’s technological capabilities at the edge is going to be paramount in the future fight, according to Stuart

Lockport, Louisiana-based Bollinger Shipyards has completed its purchase of two U.S. marine subsidiaries of ST Engineering North America in a transaction that expands its shipbuilding and repair capabilities in support of government and commercial clients. Bollinger said Monday it will bring into its portfolio the U.S. Coast Guard’s Polar Security Cutter, the U.S. Navy’s Auxiliary

Barbara Graham, formerly a senior vice president at CACI International (NYSE: CACI), has joined General Dynamics (NYSE: GD) as VP and general manager of Navy and Marine Corps accounts within the information technology unit, according to a LinkedIn post published Tuesday. She has more than two decades of defense and intelligence sector experience across various

AE Industrial Partners, a private equity firm focused on the aerospace and government markets, has wrapped up its acquisition of a majority stake in small satellite builder York Space Systems. Financial terms of the transaction were not disclosed and AEI said Monday that York founder Dick Wallinger will stay as CEO while Chairman Charles Beames

Brett Pierson, former vice president of defense strategy and sales at Textron’s (NYSE: TXT) aviation segment, has been promoted to president and CEO of the Textron Aviation Defense business. He succeeds the retiring Tom Hammoor and will also hold the title of senior VP for defense and special missions, the company said Monday. As president

British Prime Minister Rishi Sunak said the U.K. government awarded BAE Systems a $4.9 billion contract to construct five more Type 26 frigates for the country’s naval force amid increasing threats posed by Russia. The five ships are in addition to the three vessels that are now in the construction phase, bringing the total number

Stephen Townsend, a retired U.S Army general who led the Africa Command, and two more government and military leaders will deliver keynotes at the 2022 event of the International Stability Operations Association on Nov. 17 and 18. Attendees of the Annual ISOA Summit, Partnering for Global Security: New Era Conflicts and Alliances, will hear from

Johns Hopkins University’s Applied Physics Laboratory will continue to develop aerospace munitions and cyber and electronic warfare systems for the U.S. Air Force after the nonprofit research center received a $150 million contract modification. The indefinite-delivery/indefinite-quantity contract has a cumulative face value of $250 million and also includes work to acquire, test and evaluate aircraft