Hello, Guest!
  • Sunday, May 5, 2024

GovConWire's Government Contracting News 12/8/2021

Vertex Closes Purchase of Raytheon’s Defense Training & Mission Critical Solutions Unit; Ed Boyington Quoted
M&A Activity

Vertex Closes Purchase of Raytheon’s Defense Training & Mission Critical Solutions Unit; Ed Boyington Quoted

Vertex Aerospace has closed its acquisition of Raytheon Technologies’ (NYSE: RTX) defense training and mission critical solutions business. The transaction was first announced in September and Ed Boyington, president and CEO of Vertex, said in a statement published Tuesday the acquisition supports the company’s strategy to deliver a comprehensive suite of platforms to clients worldwide.
Report Offers Pathways to Bridge Digital Development, Cybersecurity Communities; Melissa Hathaway Quoted
Cybersecurity

Report Offers Pathways to Bridge Digital Development, Cybersecurity Communities; Melissa Hathaway Quoted

A new report commissioned by the Global Forum on Cyber Expertise Foundation and funded by the World Bank’s Digital Development Partnership has recommended several ways to integrate cybersecurity and digital resilience into the digital development agenda. One of the recommended pathways to bridge cyber capacity building and digital development communities is updating their “playbook” to
Court Issues Nationwide Injunction on Federal Contractor Vaccination Mandate
Industry News

Court Issues Nationwide Injunction on Federal Contractor Vaccination Mandate

A U.S. district court in Georgia on Tuesday decided to prohibit the Biden administration from implementing its vaccination mandate for federal contractors across the country, CNBC reported. Judge R. Stan Baker of the U.S. District Court for the Southern District of Georgia said the president probably exceeded his authority under the Procurement Act. Jen Psaki,
BigBear.ai Completes Merger With GigCapital4; Reggie Brothers Quoted
M&A Activity

BigBear.ai Completes Merger With GigCapital4; Reggie Brothers Quoted

BigBear.ai has completed its merger with special purpose acquisition company GigCapital4 to create a new entity that will trade on the New York Stock Exchange starting Wednesday and help customers make decisions with the use of artificial intelligence technology. The combined business will operate as BigBear.ai Holdings and the transaction gives it a pro forma
Christopher O’Donnell Talks DOD Focus Areas During Defense Acquisition Priorities Forum Keynote
Events

Christopher O’Donnell Talks DOD Focus Areas During Defense Acquisition Priorities Forum Keynote

On Tuesday, GovCon Wire Events hosted its Defense Acquisition Priorities Forum, which featured leaders across defense agencies, military branches and industry who joined in dynamic discussion to share the procurement interests, technology influences and strategic priorities driving acquisitions across the defense sector as agencies work to accelerate modernization initiatives and support the nation’s warfighters. Keynote speaker Christopher O’Donnell,
JF Lehman Affiliate Buys RF, Microwave Tech Manufacturing Business From L3Harris
M&A Activity

JF Lehman Affiliate Buys RF, Microwave Tech Manufacturing Business From L3Harris

An investment affiliate of J.F. Lehman & Co. has purchased an L3Harris Technologies (NYSE: LHX) division that manufactures radio frequency and microwave technologies for both defense and commercial applications. The private equity firm said Tuesday it bought Narda-MITEQ division assets that were part of L3Harris’ aviation systems segment and the stock of Narda Safety Test
ASRC Federal Subsidiary Awarded $133M to Help Secure DOD HR Systems; Jennifer Felix Quoted
Contract Awards

ASRC Federal Subsidiary Awarded $133M to Help Secure DOD HR Systems; Jennifer Felix Quoted

An ASRC Federal subsidiary has secured a potential $133 million contract to help a Department of Defense organization secure personnel information systems from cyber threats. Under the five-year contract, ASRC Federal Netcentric will run a cybersecurity operations hub to support information technology functions at the Defense Human Resources Activity, the company said Tuesday. The Netcentric
Executive Spotlight With Wyn Elder, Box Managing Director of Global & US Public Sector, Tackles Federal Government Trends, Company Strategy, Contract Wins
News

Executive Spotlight With Wyn Elder, Box Managing Director of Global & US Public Sector, Tackles Federal Government Trends, Company Strategy, Contract Wins

ExecutiveBiz featured Wyn Elder, managing director of global and U.S. public sector at Box, in its most recent Executive Spotlight interview published Tuesday. He talked about Box’s strategy to help address current challenges of its customers, including the federal government, as well as the company’s recent contracts from the General Services Administration and the Air
AFRL Seeks White Papers for $99M Photonics Material Research Program
Contract Awards

AFRL Seeks White Papers for $99M Photonics Material Research Program

The Air Force Research Laboratory has released a two-step broad agency announcement for the second iteration of a multiple-award contract vehicle for materials research and survivability studies. AFRL estimates the cost of its MaRSS II program to reach $98.7 million and seeks vendors to submit white papers on how to advance photonic materials used in
Inertial Labs Acquires Memsense for Aerospace, Defense Electronics Market Push
M&A Activity

Inertial Labs Acquires Memsense for Aerospace, Defense Electronics Market Push

Paeonian Springs, Virginia-based navigation and sensor module provider Inertial Labs has acquired Memsense, which develops inertial measurement units designed for aerospace and defense platforms. Inertial Labs said the combined entity aims to introduce new products in the areas of GPS-denied navigation, industrial machines and autonomy. The two companies expect the combination to reach an annual
Sponsor
Sponsor
Sponsor
Sponsor
Sponsor
Sponsor
Sponsor

Archives