GovConWire's Government Contracting News 12/2/2022

The Department of Defense has stood up an office with the goal of helping technology developers find the capital they need to bring platforms to the military and national security markets. Defense Secretary and two-time Wash100 Award recipient Lloyd Austin said in a statement released Thursday the Office of Strategic Capital will work to address

Tysons, Virginia-based management consultancy LMI has purchased Synaptech for an undisclosed sum as part of efforts to expand into the space market and combine capabilities to advance innovation in mission support of Department of Defense customers. Synaptech CEO Zac Gorrell and Chief Technology Officer Elias Peroulas co-founded the Colorado-headquartered company and will oversee LMI’s space

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a potential three-year, $430.9 million contract to procure M142 High Mobility Artillery Rocket System launchers for the service branch and multiple foreign military partners. Lockheed secured $209.3 million in initial procurement funds from the Army for HIMARS full-rate production services, the Department of Defense said Thursday.

Science Applications International Corp. (NYSE: SAIC) has secured a five-year, $151 million contract to manage and update information technology networks for the U.S. Transportation Command. The company will help TRANSCOM operate systems, infrastructure and applications at both the classified and unclassified levels under the indefinite-delivery/indefinite-quantity contract, the Department of Defense said Thursday. SAIC will perform

ExecutiveBiz featured Bill Rowan, vice president of public sector at Splunk and three-time Wash100 Award winner, in its recent Executive Spotlight interview published Thursday. The executive talked about cybersecurity and data-related challenges in the federal landscape, and discussed his strategic goals for the coming year and Splunk’s efforts to continue public sector-focused developments. Here’s an

Rocket Lab USA (Nasdaq: RKLB) has established a wholly owned subsidiary to offer spacecraft manufacturing, space systems capabilities and launch services to defense and intelligence community clients. Rocket Lab National Security will be based in the U.S. and will build on its parent company’s performance delivering separation systems, space solar power, flight software and other

Justin Knapp, a 17-year veteran of Booz Allen Hamilton (NYSE: BAH), has been appointed to a vice president position at SOS International subsidiary Exovera. He will lead Exovera’s product engineering group to expand its technology portfolio and implement DevSecOps practices across the organization, the analytics software provider said Thursday. Knapp most recently served as principal

Raytheon Technologies’ (NYSE: RTX) missiles and defense business and Lockheed Martin (NYSE: LMT) will serve as principal contractors for a potential $380 million foreign military sale of FIM-92K Stinger man-portable ground-to-air missiles and related equipment to the government of Finland. The Defense Security Cooperation Agency said Thursday the State Department cleared the proposed FMS transaction

Three companies have won positions on a five-year, $249 million contract to repair ships in Guam for the U.S. Navy’s Military Sealift Command. The firm-fixed-price, indefinite-delivery/indefinite-quantity contract is reserved for Historically Underutilized Business Zone vendors and allocates a $3,500 guaranteed minimum for each vendor, the Department of Defense said Friday. Cabras Marine Corp., Guam Industrial

Collins Aerospace, a subsidiary of Raytheon Technologies (NYSE: RTX), has received a $99.5 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to modernize and sustain a communication system on the service branch’s B-2 and B-52 aircraft and potential future platforms. The decade-long work under the sole-source acquisition will support the Air Force Nuclear Weapons Center’s