Processing....
Latest Federal & Government Contracting Companies' News Coverage
LMI has been recognized with a U.S. Postal Service award for the company’s delivery of technology business management, business process improvement, training, modeling, fraud detection and other services and tools in support of USPS’ innovation initiatives and sustainability goals. Christen Smith, vice president of LMI’s health and civilian market, said in a statement published Friday […] More
Lockheed Martin has received a $172.36 million contract modification from the U.S. Army for spare hardware related to the Phased Array Tracking Radar to Intercept on Target missile system. The Department of Defense said Friday that the Lockheed deliverables will support the PATRIOT Advanced Capability-3 missiles for the fiscal year 2021 and their command and […] More
Deltek, the leading global provider of software and solutions for project-based businesses, released its 12th annual Deltek Clarity Government Contracting Industry Study. The report is designed to identify current contracting trends and market outlooks as well as explore the business impact of the COVID-19 pandemic and the industry’s outlook as the global health issue recedes. For […] More
FireEye CEO Kevin Mandia said the separation of FireEye’s products business from Mandiant Solutions through the sale of the former will allow Mandiant to scale its software-as-a-service offering – Mandiant Advantage – to deliver cyber intelligence, automated defense, security validation and related services, The Washington Business Journal reported Friday. On June 2, a Symphony Technology […] More
Blackstone has entered into a definitive agreement with QTS Realty Trust to acquire the latter in an all-cash transaction valued at approximately $10 billion, including the assumption of debt. QTS said Monday Blackstone will purchase all outstanding shares of common stock of the data center solutions provider for $78.00 per share. “We see a significant market […] More
VAAXA Cybersecurity, a division of minority-owned small business FirstWorld USA, has introduced service offerings to help clients manage compliance with government standards for securing systems and sensitive data. Brookline, Massachusetts-based VAAXA said Friday it offers a managed service platform to assist companies that are working to meet the National Institute of Standards and Technology Special […] More
BigBear.ai, a leading provider of artificial intelligence, machine learning, cloud-based big data analytics, and cyber engineering solutions, and GigCapital4, Inc. announced on Friday that the two companies have entered into a definitive merger agreement that will result in BigBear.ai becoming a publicly-traded company. “This is an absolutely mission-critical service for our defense and intelligence customers, […] More
Science Applications International Corp. has entered into a definitive agreement to acquire federal health information technology company Halfaker and Associates for approximately $250 million in cash. SAIC named King & Spalding as its legal counsel, while Halfaker tapped Robert W. Baird & Co. to serve as exclusive financial advisor and Crowell & Moring as legal […] More
BAE Systems has received a three-year $34.1 million sole-source contract from the U.S. Air Force for maintenance activities in support of a system the service branch’s air operators uses to create optimized, fuel-efficient flight plans. BAE Systems will perform continued Level III software maintenance of the Air Force’s fielded Mobility Air Forces Automated Flight Planning […] More
The U.S. Air Force has expanded an agreement with C3 AI to deploy company-built artificial intelligence software to support predictive analytics and maintenance work for additional 20 military aircraft platforms. The enterprise AI software provider said Thursday it will help USAF’s Rapid Sustainment Office implement the C3 AI Suite and Readiness applications to complete full […] More
Parsons has updated a Department of Defense command and control platform to include cloud-based client sharing tool that works to help military users communicate air operation plans. The C2Core Ai software is designed to support airborne mission planning and tasking, combat assessment, execution monitoring, intelligence, surveillance and reconnaissance correlation and target development functions, the company […] More
The Air Force Life Cycle Management Center needs market information on an open radar architecture that would be a part of a larger situational awareness system the U.S. Air Force is currently developing. Common Open Architecture Radar Programs specification is meant to enable radar subsystems acquisition, processor hardware refresh and third-party technology insertion in support […] More
