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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Northrop Grumman and AeroVironment have been selected to design a new unmanned air system to launch and recover from small ships. The Defense Advanced Research Projects Agency awarded the contracts for the second phase of its Tern program, a joint effort between DARPA and the U.S. Navy’s Office of Naval Research, the agency said Monday. Dan Patt, DARPA […] More
Lockheed Martin and AeroVironment have signed a global partnership agreement to jointly explore technologies such as atmospheric satellite systems for drones. The companies aim to integrate Lockheed’s mission and ground aircraft platforms with AeroVironment’s unmanned aerial system Global Observer, AeroVironment said Thursday. “We look forward to partnering with AeroVironment to potentially develop integrated solutions for the […] More

Executive Mosaic’s GovCon Index grew by 1.91% last week, lifting the weekly average to $4,938.26. GovCon Index is an aggregate index that tracks real-time data from 30 key players in the government contracting industry. With the information it provides, users are able to get a glimpse into the performance of each individual company and the current financial trends influencing the field, allowing them to evaluate the overall state of the GovCon market.

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Last week, Executive Mosaic’s GovCon Index closed at $4,844.11, a 0.09% increase from the previous week. GovCon Index is an aggregate index that gathers real-time data from 30 major government contractors to provide users with insights into the performance of these organizations. This information empowers users to understand current industry trends and evaluate the overall financial state of the GovCon market.

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The Defense Advanced Research Projects Agency has named nine companies to develop and demonstrate conceptual designs for an uncrewed aerial system with vertical landing and takeoff, and long endurance leap-ahead capabilities. The AdvaNced airCraft Infrastructure-Less Launch And RecoverY initiative seeks to develop and flight demonstrate a VTOL aircraft that can be deployed and recovered from […] More
Executive Mosaic is honored to induct Stephen duMont, president of GM Defense, into the 2023 edition of the Wash100 Award for leading company growth efforts through new business establishment and industry and defense collaborations. The award is the first time duMont was named among the Wash100 recipients, who are elite public and private sector individuals […] More
General Dynamics‘ land systems business has tapped General Motors‘ defense subsidiary to support its bid to develop the new military automobiles that will replace the U.S. Army’s Bradley combat vehicles. GM Defense said Wednesday it will work with AeroVironment, Applied Intuition and General Dynamics’ mission systems business as core members of the GD Land Systems […] More
Geoffrey Hitchcock, former vice president of sales and business development at Vantage Robotics, has been named senior vice president of global defense solutions at drone software provider Red Cat Holdings. He will be responsible for identifying business opportunities for the Golden Eagle unmanned aircraft system in the military sector and exploring potential public safety applications […] More

South Korea-based armored troop carrier developer Hanwha and Oshkosh, a maker of military trucks, have partnered to pursue the U.S. Army’s Optionally Manned Fighting Vehicle program that seeks to replace the service's M2 Bradley infantry vehicles, Breaking Defense reported Monday. The Oshkosh-Hanwha team joins the other four confirmed industry groups that have submitted bids for the Army’s OMFV program.

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