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Latest Federal & Government Contracting Companies' News Coverage
The U.S. Army is looking to award Lockheed Martin a potential eight-year contract to help the military service update up to 385 Multiple Launch Rocket Systems. In a FedBizOpps notice posted Wednesday stated the Army wants to extend the operational life of the MLRS Launcher through 2050 and seeks contractor support to update and install launcher loader module. The proposed […] More
The U.S. Air Force has awarded a one-year, $59.2M contract to Raytheon to provide logistics support services for sensors used on the MQ-9 Reaper unmanned aircraft. Work under the cost-plus fixed-fee, firm-fixed-price contract includes program management, supply and logistics support, service-representative support, inventory control point and warehousing, the Department of Defense said Friday. The McKinney, Texas-based company will also assist the Air […] More
The U.S. Army plans to award Lockheed Martin‘s missiles and fire control business a potential five-year contract to manufacture 343 M142 High Mobility Artillery Rocket System launchers. A FedBizOpps notice posted Wednesday says the proposed sole-source contract is for HIMARS full-rate production lots 10 to 14 and meant to address Army requirements through fiscal year 2023. The military […] More
Boeing and Lockheed Martin‘s Sikorsky subsidiary have unveiled a helicopter platform the industry team has built for a U.S. Army technology demonstrator effort. SB>1 Defiant will take part in the military service’s Joint Multi-Role Tech Demo and is designed to operate twice the range and speed of traditional helicopters, Boeing said Wednesday. The Army plans to collect and […] More
A Market Research Engine report predicts the global artificial intelligence market will grow at a 37 percent annual compound growth rate through 2024 to reach $191B. The research company said Sunday the growth of big data, a demand for intelligent virtual assistants and the adoption of cloud computing applications and services are among the factors that will drive AI market […] More
The General Services Administration will launch a pilot program to collect data and identify best practices from multiple e-commerce providers, Bloomberg Government reported Friday. In a proposal released earlier this month, GSA said it wants to increase the availability of commercial platforms designed to help agencies procure goods and services online. “We are not looking […] More
Qualis Health will continue to provide utilization management services for Medicaid beneficiaries in the District of Columbia under a contract renewal from the D.C. Department of Health Care Finance. The health management organization said Thursday it will help DHCF review medical services for more than 67K fee-for-service participants in the government health care program. Under the new contract, […] More
The Department of Homeland Security’s Federal Emergency Management Agency has announced that it will stop existing contracts due to a lapse in appropriations. FEMA said in a FedBizOpps notice posted Wednesday that companies whose contracts are included in the non-exempt list are advised to immediately stop contract work. “Any work done after receipt of this […] More
Several technology companies have expressed support to the Federal Reserve’s plan to come up with a real-time payment network designed to connect all U.S. banks, credit unions and other financial institutions, Forbes reported Wednesday. “Only the Federal Reserve can serve as the catalyst to achieve real-time payments ubiquity in a timely manner,â€Â a trade association representing […] More
The U.S. Army and Marine Corps are set to deploy the first batch of Oshkosh-built Joint Light Tactical Vehicles to replace aging High Mobility Multipurpose Wheeled Vehicles. The 1st Armored Brigade Combat Team, 3rd Infantry Division at Fort Stewart, Ga., will be the first unit to receive the JLTVs in early January, the Army said Thursday. […] More
Oshkosh has been included in Viqtory‘s Military Friendly Employer list for the second straight year and has received a Supplier Diversity Program designation for the first time. Robert Sims, an executive vice president and chief human resources officer of Oshkosh, said in a statement released Friday the number of the company’s military team members rose 17 percent over the […] More
Wayne Solomon, deputy director of the DIII-D National Fusion Program at General Atomics, has received recognition from Fusion Power Associates for his leadership on the Department of Energy-backed program and research on fusion plasma diagnostics. The nonprofit honored Solomon with its Excellence in Fusion Engineering Award, which recognizes individuals who have demonstrated technical accomplishments and potential as influential […] More
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