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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Executive Mosaic’s GovCon Index fell by over 2% last week, bringing its number to $4,780.55. GovCon Index is an aggregate index that compiles and presents real-time data from 30 staple government contracting enterprises. With this information, users are able to evaluate not only the individual performance of these companies but also the overarching trends that characterize the GovCon marketplace today.

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A Teledyne Technologies business will deliver recoverable and reusable loitering munition drone platforms to the U.S. Marine Corps under a potential $249 million indefinite-delivery/indefinite-quantity contract. The company said Monday Teledyne FLIR Defense will support USMC's Organic Precision Fires-Light program, under which the contractor will provide the first 127 loitering munition systems for test and evaluation.

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Michael House, vice present of infrastructure and energy solutions at Siemens Government Technologies, believes advanced digital services can be a game changer for how federal agencies improve energy resilience and sustainability at their facilities and installations.

In this Executive Spotlight interview, House mulled over various renewable energy sources and solutions in development, such as microgrids, and the necessity of partnership with private industry on the government’s part to ensure their swift and effective implementation.

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RTX business Pratt & Whitney has announced a $20 million investment to increase by 40 percent the capacity of its West Palm Beach Engine Center to maintain, repair and overhaul GTF engines. The facility expansion, will result in a 25 percent workforce increase and the addition of new equipment as well as technologies developed at the North American Technology Accelerator, is expected to be completed by the second half of 2025, RTX said Wednesday.

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SAIC CEO Toni Townes-Whitley, a 2024 Wash100 Award winner, shared her plan to grow the company at a recent meeting with analysts and shareholders. A core part of her strategy is company-customer connection, which she said will lay the foundation for continued mission support, the Reston, Virginia-based enterprise said on Thursday.

SAIC is sponsoring the Potomac Officers Club's upcoming Joint Coalition Operations in 2030 Forum on May 30. Click here to learn more and register to attend the forum.

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Susanne Hake, general manager of the U.S. government business at Maxar Intelligence, said the company intends to expand this year its network of electro-optical imaging satellites to meet the data requirements of government and commercial customers. According to Hake, Maxar Intelligence intends to triple its capacity to gather 30-centimeter imagery and increase revisit rates to up to 15 times each day by launching two WorldView Legion satellites with a plan to deploy another four spacecraft this year.

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REI Systems has achieved compliance with the moderate impact level standards of the Federal Risk and Authorization Management Program and has received a recommendation from the U.S. Department of Health and Human Services’ Grants Quality Service Management Office for its grant management platform. The FedRAMP Moderate Impact status and QSMO recommendation highlight the robust security, privacy and reliability of GovGrants, the company said Wednesday.

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The U.S. Space Force and the Defense Innovation Unit have awarded contracts to Rocket Lab’s national security business and True Anomaly to support a mission under the Tactically Responsive Space program. The Victus Haze mission under the TacRS program intends to harness commercial capabilities to rapidly address on-orbit threats, Space Systems Command said Thursday.

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