GovConWire's Government Contracting News 7/28/2022

News

Senate Approves CHIPS & Science Act With $52B in Domestic Semiconductor Industry Incentives

U.S. senators voted 64-33 Wednesday to approve a $280 billion funding bill that would give more than $52 billion to domestic semiconductor production, manufacturing research, workforce training and laboratory-to-fabrication transition programs. The CHIPS and Science Act of 2022, which is now headed to the House of Representatives for approval, also offers an estimated $24 billion

Executive Spotlight

Executive Spotlight: Jennifer Chronis, VP of Public Sector at VMware

Jennifer Chronis, vice president of public sector at VMware and a 2022 Wash100 Award winner, recently spoke with GovCon Wire in the latest Executive Spotlight interview to discuss her appointment with the company, how its workforce drives talent retention for the long term as well as the unique set of challenges on the business side of innovation. “Across the

Industry News

Northrop CVP, President of Defense Systems Mary Petryszyn Presented 2nd Consecutive Wash100 Award By Executive Mosaic CEO Jim Garrettson

Mary Petryszyn, corporate vice president and president of defense systems business at Northrop Grumman, was presented her 2022 Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office in Falls Church, Virginia. Executive Mosaic is proud to recognize Mary Petryszyn as a two-time Wash100 Award recipient, which demonstrates the level of leadership,

Events

Air Force CIO Lauren Knausenberger: Contract Award for Enterprise IT Coming ‘Any Second Now’

Cyber and information technology objectives are so implicit in the U.S. Air Force’s current trajectory that some officials have been prompted to double check that these issues are still at the front of mind for the service branch’s highest ranking officials. Lauren Knausenberger, chief information officer for the Department of the Air Force, assures both

Contract Awards

3 Small Businesses Land Spots on $850M DTRA Contract for Assessments, Other Support Services

The Defense Threat Reduction Agency has selected Obsidian Solutions Group, Veteran’s First and RMGS to provide assessments, exercises and modeling and simulation support under a potential $850 million multiple award contract. The three small businesses were among 18 offerors for the indefinite-delivery/indefinite-quantity contract that includes base and option periods and has task orders for AEMSS,

Contract Awards

Constellis JV Awarded $592M Los Alamos National Lab Security Contract; Terry Ryan Quoted

Northern New Mexico Integrated Security, a joint venture that includes Constellis‘ Centerra Group subsidiary, will provide protective services to Los Alamos National Laboratory under a potential seven-year, $592 million contract. Constellis said Monday that LANL operator Triad issued the award on behalf of the National Nuclear Security Administration and tasked the N2MIS team to secure

Financial Reports

Raytheon Q2 Revenue Up 4%; CEO Greg Hayes Cites Near-Term Constraints to Defense Business

Raytheon Technologies (NYSE: RTX) posted $16.31 billion in sales for its fiscal year 2022 second quarter, up 4 percent on an organic basis over the prior-year period and reported adjusted earnings per share rose from $1.03 to $1.16 per share. The Arlington, Virginia-based defense and aerospace contractor attributed the higher sales to a strong start

News

Q&A With Forcepoint’s Sean Berg Highlights Federal Market Focus, Acquisitions & Zero Trust Implementation

ExecutiveBiz featured Sean Berg, president of global government and critical infrastructure at Forcepoint, in its most recent Executive Spotlight interview published Wednesday. He talked about the company’s focus on the federal sector as a driver for long-term growth, its recent acquisitions to complement existing capabilities, and how zero trust technology is becoming a major focal

M&A Activity

Thales Defense Arm Gains Full Ownership of Advanced Acoustic Concepts JV With Leonardo DRS

A Thales subsidiary has acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts, the joint venture between the two organizations, for an undisclosed amount as part of the former’s efforts to expand engineering offerings for the U.S. military. Thales Defense & Security Inc. now has full ownership of AAC, which generated $80 million

Contract Awards

BAE Receives $299M Army Order for Howitzers, Ammo Carrier Vehicles

BAE Systems has secured a two-year, $299 million order from the U.S. Army to manufacture additional self-propelled howitzers and carrier ammunition-tracked vehicles. The company said Wednesday it will produce and deliver 40 sets of M109A7 howitzers and M992A3 CAT platforms and spare parts to the service branch. Work will occur at BAE locations in Pennsylvania,

GovConWire's Government Contracting News 7/28/2022

Senate Approves CHIPS & Science Act With $52B in Domestic Semiconductor Industry Incentives

Executive Spotlight: Jennifer Chronis, VP of Public Sector at VMware

Northrop CVP, President of Defense Systems Mary Petryszyn Presented 2nd Consecutive Wash100 Award By Executive Mosaic CEO Jim Garrettson

Air Force CIO Lauren Knausenberger: Contract Award for Enterprise IT Coming ‘Any Second Now’

3 Small Businesses Land Spots on $850M DTRA Contract for Assessments, Other Support Services

Constellis JV Awarded $592M Los Alamos National Lab Security Contract; Terry Ryan Quoted

Raytheon Q2 Revenue Up 4%; CEO Greg Hayes Cites Near-Term Constraints to Defense Business

Q&A With Forcepoint’s Sean Berg Highlights Federal Market Focus, Acquisitions & Zero Trust Implementation

Thales Defense Arm Gains Full Ownership of Advanced Acoustic Concepts JV With Leonardo DRS

BAE Receives $299M Army Order for Howitzers, Ammo Carrier Vehicles

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