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Latest Federal & Government Contracting Companies' News Coverage
OneWeb entered into a product distribution agreement with TrustComm March 16 to deliver beyond line-of-sight and low-latency communications services to the Department of Defense. The two companies will work to implement low-Earth orbit technologies into various areas in the Arctic region in an effort to address poor connectivity levels caused by harsh terrain and high latitude, OneWeb said Friday.
Northrop Grumman has received a $99 million contract modification from the U.S. Navy for additional low-rate initial production of a lot 5 MQ-4C Triton unmanned aircraft system. The action expands the scope of the previously awarded, fixed-priced incentive contract and the military service will obligate the full value of the modification from fiscal years 2019 through 2021 funds, the Department of Defense said Friday.
CEA Space Partners I, a special purpose acquisition company led by satellite industry veteran Edward Horowitz, plans to launch an initial public offering to raise $250 million in funds. The Tampa, Florida-based company intends to offer 25 million units consisting of a share of Class A common stock and a third of one redeemable warrant at a price of $10 per unit with plans to have them listed on the New York Stock Exchange under the ticker symbol “CEAS.U,†according to a Securities and Exchange Commission filing.
Bell Textron, a Textron company, held a ribbon-cutting ceremony for its Manufacturing Technology Center in Texas on Friday and announced a summer 2021 anticipated date when the new aircraft technology test and demonstration facility will be fully operational.
A global survey conducted by Deloitte indicates that four out of five enterprise networking executives consider advanced wireless technology as vital to the deployment of cloud and edge computing, internet of things, big data analytics and artificial intelligence platforms.
Executive Mosaic is pleased to unveil Tiffanny Gates, president and CEO of Novetta, as a recipient of the 2021 Wash100 Award for driving company growth through its expansion of analytics capabilities for the government sector and its programs to support military transition into the civilian workplace. This represents the third consecutive Wash100 selection for Gates.
Former Google CEO Eric Schmidt said the U.S. government and the technology industry must develop new approaches for artificial intelligence (AI), microelectronics and other critical military innovations to maintain technology advantage over China, C4ISRNET reported Friday. Speaking at the National Defense Industrial Association’s National Security Artificial Intelligence Conference, Schmidt noted that China has been investing in emerging technology and that the U.S. needs to take a more assertive role in tech development.
Gen. Lloyd Austin, the new Secretary of Defense, as a recipient of the Wash100 Award for the first time. He has received the highest honor and most coveted award in all of government contracting (GovCon). Visit Wash100.com to cast a vote for Gen. Lloyd Austin as the most significant executive of consequence to the GovCon sector.
Collins Aerospace, a company of Raytheon Technologies, has manufactured the 600th Thrust Vector Actuation (TVA) System for the Terminal High Altitude Area Defense (THAAD) missile system. The company said Thursday the TVA is an all-electric component that has guided all of THAAD's live fire intercept activities so far. The component has also demonstrated capabilities needed for future missile weapon systems.Â
Carahsoft Technology has begun offering Proven Optics' suite of financial management applications to the federal and local government sectors via two contract vehicles managed by NASA and the National Association of State Procurement Officials. As a master government aggregator, Carahsoft made the offering available in the public sector through the Solutions for Enterprise-Wide Procurement V and NASPO ValuePoint programs, the company said Thursday.
Lyle Kellman, deputy program manager for Defense Enterprise Office Solutions at General Dynamics’ information technology business, said migrating to cloud-based collaboration and productivity tools offered by the DEOS contract will help defense agencies reduce costs and improve user experience and interagency collaboration, Federal News Network reported Thursday.
