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Latest Federal & Government Contracting Companies' News Coverage
Executive Mosaic’s GovCon Index rose by 1.07% last week, closing at $4,839.92. The GovCon Index is an aggregate index that tracks real-time data from 30 key government contractors, providing users with a glimpse into the performance of these companies. This information also offers users the opportunity to assess the wider trends shaping the industry and analyze the overall financial state of the GovCon market.
RTX's subsidiary, Raytheon, has secured a $47.9 million firm-fixed-price job order from the U.S. Navy to provide company-built infrared sensors along with spare parts for the Naval Air System Command’s Program Office for Multi-Mission Tactical Unmanned Aerial Systems. Under the contract, the Department of Defense said Friday the contractor will produce and deliver nine AB/DAS-4 Multi-spectral Targeting Systems.
Highlight Technologies has launched a new innovation laboratory to conduct research and development of new technology capabilities for defense and government applications. EdgeWerx will enable Highlight and its partners to apply infrastructure as code, artificial general intelligence and open source infrastructure to mature new concepts into demonstrable software technologies, Highlight said Tuesday.
Executive Mosaic is honored to present Dave Levy, vice president of worldwide public sector at Amazon Web Services, as a 2024 Wash100 Award winner for his continued efforts in driving the adoption of cloud services, generative artificial intelligence and other emerging technologies across the federal sector. This year marks Levy's fifth Wash100 Award.
Vote for Levy as your favorite GovCon leader as part of the 2024 Wash100 popular vote competition! Voting closes on April 30, so visit Wash100.com to cast your ten votes today.
The U.S. Navy has awarded eight companies positions on a potential $226.2 million contract for the maintenance, repair and alteration of surface ships and U.S. government waterborne vessels homeported in the state of Hawaii. The multiple-award Surface Vessel Maintenance indefinite-delivery/indefinite-quantity contract has a five-year base ordering period and an optional term of five years and covers the procurement of any materials in support of maintenance and repair work, according to an award notice published Friday on SAM.gov.
Nokia's first U.S.-made fiber optic broadband network electronics and optical modules have met the National Telecommunications Information and Administration's final Build America, Buy America guidelines for Broadband Equity, Access, and Deployment program participants. The company said its Buy America-compliant fiber-optic products include the Nokia FX and MF optical line terminal modular product lines, Nokia SF-8M sealed OLT and XS-220X-A optical network terminal.
The General Services Administration has issued a request for information on behalf of the Cybersecurity and Infrastructure Security Agency to determine the availability of industry partners capable of addressing a requirement by the Continuous Diagnostics and Mitigation Program for enterprise procurement support.
Experts from the government and industry will speak on the dynamic and ever-evolving role of cyber in the public sector at the Potomac Officers Club's 2024 Cyber Summit. Register now to attend this important event!
Combining data lakes and meshes will enable government agencies to align their data assets more efficiently in compliance with the executive order on artificial intelligence, said Dave Vennergrund, vice president of AI and data insights at General Dynamics Information Technology. He discussed the significance of information lakehouses to government initiatives enabled by AI and machine learning, and how they can help the development of trustworthy and secure AI.
AI will be the central topic at the Potomac Officers Club's 5th Annual Artificial Intelligence Summit. Register now!
John McCabe, an industry executive, has joined Maximus as senior vice president of business development and sales. In this capacity, he leads the business development, capture and proposal teams while strengthening partnerships with state and local government agencies and improving the delivery of services to the public as part of the U.S. services segment at Maximus.
Peraton has received the large business of the year award from the Jet Propulsion Laboratory, which acknowledges the company's dedication to supporting small businesses affiliated with JPL. The award is designated for a large business that actively supports JPL small business programs, exceptionally meets contractual obligations and engages in outreach events to promote small businesses aligned with NASA’s missions, Peraton said Friday.
Executive Mosaic is proud to confer upon Defense Advanced Research Projects Agency Director Dr. Stefanie Tompkins the Wash100 Award for 2024, her third win in total. This year, Tompkins is being recognized for leading her agency in collaborating with various stakeholders to advance quantum computing technologies and develop trustworthy artificial intelligence in the service of U.S. national security.
Click here to vote for Tompkins as one of your favorite GovCon leaders for 2024! The Popular Vote Competition of the Wash100 Award runs through April 30, 2024.
Millimeter wave power amplifier maker Elve has announced the completion of its Series A funding round and raising $15 million from an investor group led by TomEnterprise Private AB and joined by Lockheed Martin Ventures. The Davis, California-based firm company said Thursday it will use the fresh funds to grow its customer base in the space connectivity market and increase manufacturing capabilities.
