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Latest Federal & Government Contracting Companies' News Coverage
A Jacobs Engineering Group subsidiary has received a $17.5 million contract modification to provide additional engineering services for a launch test capability of the U.S. Navy and U.K. The Defense Department said Thursday Jacobs Technology will help design, develop, test, evaluate, activate and operate the LTC complex at the Naval Air Warfare Center Weapons Division in China […] More
A Research and Markets report forecasts the worldwide market for targeting pods will experience a 6.61 percent compound annual growth rate in the next five years as military agencies increase aircraft procurement and modernization efforts. The targeting pods market’s value is projected to increase from $3.3 billion in 2017 to $4.5 billion by 2022, Research Markets said Thursday. Lockheed Martin, L3 […] More
John Dancy, senior vice president and chief information officer at CSRA, has joined the Wall Street Journal’s CIO Network. He will be part of the network that works to identify technology challenges and innovation opportunities, CSRA said Tuesday. Dancy is responsible for overseeing the Falls Church, Virginia-based contractor’s information technology program and ensuring the program aligns with strategic […] More
Lockheed Martin offered some South Carolina legislators a tour of the company’s facility in Greenville and provided them an update on two aircraft programs during their visit Monday. The company said Wednesday state officials and congressional staff toured the T-50A Final Assembly and Checkout facility and Ground Based Training Systems center. T-50A is Lockheed and Korea Aerospace Industries‘ joint […] More
Elbit Systems‘ Australian subsidiary has received a potential $150 million contract to help the Australian defense force manage command and control operations of a battle management system. Elbit Systems of Australia will provide BMS C2 through life support under the contract from Australian defense department’s capability acquisition and sustainment group, the company said Thursday. The contract contains […] More
Jerry Hogge, senior vice president of Leidos’ health business, has said the Leidos-led team is on schedule to implement the optimization process for the Defense Department’s commercial electronic health records system over a two-month period, Nextgov reported Wednesday. The report said DoD and the industry team will address the remaining “trouble tickets†received from four test […] More
NTT Data will offer GDS360-built information protection and data security platforms to the former’s public sector client base as part of a multi-year teaming agreement. GDS360 said Wednesday its end-to-end products combine elements such as zero-knowledge encryption key management, user identity management, behavioral analytics and access audits to help clients meet data security requirements. The company’s […] More
SpaceX on Wednesday carried out the first static fire test of its Falcon Heavy rocket at NASA’s Kennedy Space Center in Florida in preparation for its initial launch that CEO Elon Musk said could occur in a “week or so,†Spaceflight Now reported Wednesday. The company conducted a hold-down firing test of the rocket’s 27 Merlin 1D main engines […] More
Galois has received a multiyear, $4.5 million contract from the Defense Advanced Research Projects Agency to develop methods and tools to secure hardware for consumer, government and commercial use. The company said Wednesday it will lead a team project under the first phase of DARPA’s System Security Integrated through Hardware and Firmware program that seeks to address hardware vulnerabilities exploited […] More
The Welsh government has received a Jacobs Engineering Group-built virtual reality visualization environment which will be used to aid construction work on two sections of the South Wales-based A465 Heads of Valley highway project. Jacobs said Wednesday the VR platform adds to the company’s support for the A465 project which also includes road widening assistance […] More
A round of Series B financing has pulled in $23 million for StreetShares, a financial services provider to government contractors. The company said Wednesday it secured a $20 million investment from Rotunda Capital Partners and a total of $3 million from existing investors, such as veteran-focused venture firm Stony Lonesome Group. Mark Rockefeller, StreetShares CEO, said the investments will […] More
Turkey-based Aselsan will begin the serial production of towed guns, air-defense systems, airburst ammunition and a fire-control center for the Turkish military under a contract with the country’s defense procurement agency, Defense News reported Jan. 18. The report said Aselsan’s indigenous air-defense gun system platoon is programmed to perform low-altitude air-defense operations to counter air-to-ground and cruise missiles, […] More
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