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Latest Federal & Government Contracting Companies' News Coverage
AeroVironment will acquire BlueHalo for $4.1 billion in an all-stock transaction to broaden the company’s defense capabilities portfolio. AV announced Tuesday that a definitive agreement had already been executed and that the transaction is expected to close in the first half of calendar year 2025. AV and BlueHalo will collaborate to form a diversified defense technology […] More
Executive Mosaic’s GovCon Index closed at an average of $5,160.07 for the week after sustaining a significant 9.31% weekly loss. The index ended the period 1.78% lower than the previous record-setting week. GovCon Index allows site visitors to gain real-time insight into the stock market performance of 30 major government contracting organizations. The data it provides will […] More
Precise Systems, a defense services company, sponsored the publication of the new editorial book on the Modular Open Systems Approach, or MOSA. OpenSystems Media published and distributed the MOSA Ebook to more than 15,000 subscribers and featured articles from leaders and influencers in open architecture, Precise Systems announced on Nov. 6. Precise Systems’ Work With […] More
Armis is working with ECS to support the company’s Continuous Diagnostics and Mitigation, or CDM, data services work for the Department of Homeland Security. ECS will leverage Armis’ cyber exposure management platform Armis Centrix to help federal civilian agencies streamline how data from cybersecurity tools are integrated into ECS’s CDM dashboard ecosystem, which deploys situational awareness data […] More
Executive Mosaic’s GovCon Index increased by 4.9% last week, ending with an average of $5,640.35, its highest close of the year and best weekly performance. GovCon Index tracks real-time stock market data on 30 major government contracting organizations. Site visitors can use this information to examine each company’s performance and contextualize the overall state of today’s […] More
BlackSky, a remote sensing company, has fully acquired satellite manufacturer LeoStella to continue supporting the development of the company’s imaging satellites, SpaceNews reported Friday. BlackSky previously owned 50 percent of LeoStella, and in a Nov. 7 earnings call the company announced it bought the remaining 50 percent from Thales Alenia Space to take full ownership. LeoStella […] More
ManTech, a defense technology company, has announced the members of the company’s first defense advisory board. The defense advisory board will provide strategic insights that enhance innovation, capabilities and mission success for the company’s defense customers, the Herndon, Virginia-based company announced Thursday. The board also aims to support the continued growth of ManTech’s defense sector leadership. […] More
Shift5 has received a spot on a potential $975 million contract from the U.S. Air Force Rapid Sustainment Office to advance the development of military operational services and sustainment capabilities. Under the multiple-award, indefinite-delivery-indefinite-quantity contract, Shift5 will leverage its platform to support the Air Force Rapid Sustainment Office and other Department of Defense agencies, the Arlington, […] More
J&J Worldwide Services has appointed Howard Young as the company’s senior HR director. In this role, Young will leverage his more than 20 years of experience in human resources, working in sectors such as healthcare, government contracting and higher education, the McLean, Virginia-based company announced Tuesday. Steve Kelley, CEO of J&J Worldwide Services, said the company […] More
Executive Mosaic’s GovCon Index as a whole dropped 2.12% last week, closing with an average of $5,377.05 for the period. A key contributor was a notable decline on Thursday, when the GovCon Index fell by 2.26%, the worst since Aug. 5. The index did, however, make a 0.37% rebound on Friday, closing at $5,375.43 for the […] More
Leonardo DRS has received a $235 million contract from Naval Sea Systems Command for air and surface target detection AN/SPQ-9B radars. Under the potential five-year contract, Leonardo DRS will manufacture, inspect and test AN/SPQ-9B radars and associated spare kits for the U.S. Navy, the Arlington, Virginia-based company announced Thursday. Cari Ossenfort, senior vice president and general […] More
Viasat has partnered with Embraer to implement hybrid satellite communications capabilities on the Embraer C-390 Millennium military aircraft. Through the collaboration, Viasat will work to deliver its Hybrid SATCOM Approach, or HSA, dual band global terminal throughout shared fleets to increase operational awareness and enhance data rate throughput and interoperability across multiple domains, the SATCOM […] More
