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Latest Federal & Government Contracting Companies' News Coverage
Austal USA held the keel laying ceremony on Sept. 6 at the shipbuilding company’s shipyard in Mobile, Alabama, to commemorate the start of construction of the U.S. Navy’s latest expeditionary fast transport. The company said Friday the third and final EPF Flight II ship built by Austal USA in Mobile will be called the USNS […] More
The State Department has approved Singapore’s request to purchase 54 AIM-120C-8 advanced medium range air-to-air missiles worth an estimated $133 million. Tucson, Arizona-based defense contractor RTX will be the principal contractor of the potential sale, which also includes related missile equipment, the Defense Security Cooperation Agency said Monday. Besides associated equipment, like missile containers, weapons […] More
IT products and services provider NetImpact Strategies and Databrick, a company specializing in data and artificial intelligence, are forming a collaboration aimed at enhancing the former’s capability to deliver advanced data, analytics and AI services to its clients. NetImpact said Monday the partnership allows it to utilize the Databricks Lakehouse Platform, which combines the features of data lakes […] More
Madison Dearborn Partners has completed a strategic investment in Harmonia Holdings, a technology solutions provider to federal agencies and commercial clients. In addition to the growth investment, former Madison executive partners, Damon Griggs and Jon Brooks, were named Harmonia CEO and chairman, and chief business and legal officer, respectively, Harmonia said Monday. In the same […] More
Keith Barclay, a longtime executive with more than 30 years of experience, has been selected as CEO and member of the board of directors at Stellant Systems. The aerospace company said Thursday Barclay will leverage his extensive experience in aerospace, defense, medical, industrial and optical networking industries in leading the Arlington Capital Partners portfolio company. Before moving to […] More
Honeywell has secured a $25.8 million contract for its Plymouth, Minnesota-based foundry to fabricate strategic radiation-hardened microelectronics in support of the 2024 National Defense Industrial Strategy. The work was awarded under the Defense Production Act Investment contract vehicle seeking to ensure that components are available for use in radiation environments, the Department of Defense said […] More
Ken Masson, formerly senior director of strategy and business development for advanced weapons at Northrop Grumman, announced on LinkedIn Friday he has been appointed vice president of business development at Saab. He brings to the role 25 years of leadership experience including in business development, program management and capture management within the defense industry. During his six years […] More
Rise8 has secured a Small Business Innovation Research Phase I contract from the U.S. Space Force to develop a Department of Defense analytics tool to measure user behavior on classified networks. Under the $75,000 SpaceWERX SBIR award, the Florida-based software developer said its Predictive User Analytics for Secure Environments tool will help drive innovation, collaboration and […] More
Executive Mosaic’s GovCon Index fell by 4.08% last week, marking the most significant drop recorded since its introduction in December 2023. This decline brought the average to $5,312.73 on Friday. GovCon Index tracks and displays stock market data from 30 major government contracting companies in real time, offering users a glimpse into the performance of these […] More
The U.S. Navy has awarded Federal Connect a $72 million indefinite-delivery/indefinite-quantity contract for research and surveillance support of the Naval Health Research Center. Under the agreement, Federal Connect will support medical test and evaluation efforts by the NHRC’s Operation Infectious Diseases department to enhance the readiness of U.S. military personnel for international deployment, the Department […] More
A ribbon-cutting ceremony marked the opening of IBM’s new flagship office at One Madison Avenue in New York. The new 270,000-square-foot office, which will house over 2,000 New York-area employees, will feature a 22,000-square-foot Innovation Studio, where the latest technologies will be presented through immersive experiences, IBM said Friday. The building’s workspaces, including individual zones, […] More
Jacobs has appointed CEO Bob Pragada as chair of the board of directors and named industry executives Louis Pinkham and Michael Collins as lead independent director and board member, respectively. The Dallas-based technical and professional services company said Friday the appointments came after it completed the separation of its critical mission solutions and cyber and […] More
