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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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A Frost & Sullivan report, released by Research and Markets, forecasts the U.S. government and military satellite market will reach an average of $53.78 million in value at a compound annual growth rate of 3.6 percent over the next five years. Research and Markets said Friday the U.S. government accounted for approximately $1.34 billion of the overall global spending on commercial satellite […] More
Over 110 executives from cloud service providers, communications, technology platforms vendors and defense companies will take part as keynote speakers at MEF’s four-day global networking conference that is set to kick off Nov. 7 at the Hilton Baltimore Inner Harbor Hotel in Maryland. “MEF16 will provide attendees an unparalleled forum to engage with the world’s […] More
Sponsored Content Providing communications services to the government is a big challenge. It takes research, planning, RFPs, analysis, integration and execution. The true litmus test, of course, is how effectively the deployment works in the end. Will it deliver the access and speeds required, and seamlessly integrate with disparate systems? Does it meet the needs of […] More
A new Strategic Defense Intelligence report forecasts the worldwide market for  military armored vehicles and associated maintenance, repair and operations will reach a value of $32.4 billion by 2026 from $22.5 billion in 2016, at a compound annual growth rate of 3.71 percent. Efforts to provide protection and munitions to ground forces as well as threat from neighboring […] More
The U.S. Air Force has conducted the final tests on a Boeing-built military aerial refueling and strategic transport aircraft for a Milestone C production decision. The Air Force said Monday the KC-46 Pegasus completed the last of six in-flight refueling demonstrations required prior to a request for approval from Frank Kendall, undersecretary of defense for acquisition, […] More
Total federal contract spending declined for the sixth consecutive year in the government’s 2016 fiscal year but the team of analysts at Bloomberg Government predict that negative trend to reverse in the current FY 2016. In its BGOV 200 study released Tuesday, Bloomberg Government said federal unclassified contract spend for fiscal year 2015 fell nearly 1.5 percent to a […] More
A Textron subsidiary has secured a $66 million foreign military sales contract from the U.S. Army to provide armored personnel carriers to Iraq and Colombia. Textron Systems Marine & Land Systems will supply each nation with 60 Commando Select APCs, of which 58 have a 40/50 turret and four have a command-and-control variant, the Defense Department said Monday. Army Contracting […] More
General Dynamics has been awarded a $644.3 million contract modification to build an additional Arleigh Burke-class guided missile destroyer for the U.S. Navy. Fred Harris, president of General Dynamics unit Bath Iron Works, said Thursday  the company will use the money for the planning and construction of DDG 124. The modification comes under a potential five-ship, $3.4 billion contract that the company won […] More
Deloitte has released a new survey that indicates a majority of chief financial officers in North America prioritize increased revenue in current markets and cost reduction for 2016. Deloitte’s fourth-quarter CFO Signals survey shows that more than six out of 10 CFOs also intend to acquire customers both in new and existing markets through mergers […] More
Chief information security officers from 26 companies, universities and government agencies have discussed the challenges they faced in 2015 and shared their forecast on cybersecurity-related issues for 2016, Security Current reported Dec. 20. Bret Arsenault, CISO at Microsoft, told Security Current that commercial enterprises should focus on how to improve their current systems that work […] More
Raytheon|Websense reports Internet of Things devices, mobile payment technology, generic top-level domains, data theft prevention, cybersecurity insurance and hacktivism are some of the trends information technology professionals should watch for in 2016. The company said Wednesday hacktivists could target political campaigns, platforms and candidates for next year’s U.S. presidential race with social engineering tactics. The adoption of […] More
Red Hat has received Common Criteria certification at Evaluation Assurance Level 4+ for its JBoss Enterprise Application Platform 6.2 offering, indicating its capability to meet international security standards. The company said Wednesday third-party assessor atsec information security evaluated the Red Hat product against the standards indicated in the Common Criteria for Information Technology Security Evaluation. “Common Criteria accreditation is a high watermark for security […] More
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