GovConWire's Government Contracting News 6/24/2022

The U.S. Space Force has awarded Lockheed Martin (NYSE: LMT) a $581.6 million contract to engineer legacy and modernized Global Positioning System satellites operating in orbit. Lockheed will collect data, resolve anomalies and perform cybersecurity work to support the Block IIR, IIRM, III and IIIF variants of the GPS constellation, the Department of Defense said

Carey Smith, chairwoman, president and CEO of Parsons (NYSE: PSN), said the company has acquired eight companies in the past five years and adopted a deliberate strategy with a focus on “buying for technology differentiation,” Defense News reported Thursday. “Our focus largely to date has been on cyberspace and critical infrastructure protection. Going forward, you

Software investor Insight Partners has named seven public sector leaders to its newly created government advisory board to advise the private equity firm on investment strategy and programs meant to further build up its portfolio companies that are supporting government clients. “Our inaugural GAB members come with different experiences across the U.S. Government, but they

ExecutiveBiz featured Dave Rey, president of Salesforce Global Public Sector, in a recent Executive Spotlight interview published Wednesday. He talked about the government’s focus on enhancing digital services and customer experiences and in connection, the company’s efforts to drive growth and innovation for its government customers. The Q&A also tackled digital modernization, cybersecurity and partnership

The British government on Thursday initiated a consultation on Cobham’s proposed acquisition of U.K.-based defense contractor Ultra Electronics to address national security issues associated with the planned transaction. In August 2021, Cobham agreed to acquire Ultra Electronics for approximately $3.6 billion. The proposed undertakings that Cobham offered to address national security concerns are now open

The U.S. Navy has released a solicitation for a follow-on effort to an indefinite-delivery/indefinite-quantity multiple award contract for its combat instrumentation platforms used at training and test and evaluation ranges. According to a SAM.gov notice, Naval Air Warfare Center is seeking proposals to support and sustain the said equipment under the potential $249.9 million Combat

Heather Young,  a sales professional with more than 15 years of government market experience, has been appointed regional vice president of public sector sales at cyberecurity company Claroty. In her new role, Young will lead public sector engagements focused on critical infrastructure security and help introduce Claroty’s secure remote access platform to agencies, the company

Sealing Technologies has named industry leaders Brandon Whalen, Jennifer Jenkins and Gene Dollarhide to its leadership team to serve as head of three mission areas as part of an updated structure meant to better support internal operations and advance cybersecurity mission. Whalen will serve as mission director of SealingTech’s security-enhanced information sharing and will bring

The board of directors at Lockheed Martin (NYSE: LMT) has approved a cash dividend of $2.80 per share for the third quarter of its 2022 fiscal year. Shareholders of record as of the close of business on Sept. 1 will receive the dividend on Sept. 23, the company said Thursday. The Bethesda, Maryland-based aerospace and

The U.S. Navy has selected Communications & Power Industries and Stellant Systems to repair crossed-field amplifiers for the AEGIS Combat System under a five-year, $90.8 million contract. The multiple-award, indefinite-delivery/indefinite-quantity contract will involve fixing double-duty, water-cooled vane and single-duty CFA electron tubes, the Department of Defense said Thursday. DOD said the service branch will obligate