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Latest Federal & Government Contracting Companies' News Coverage
President Donald Trump emphasized his administration’s efforts to revitalize U.S. shipbuilding and highlighted the growing partnership with South Korea during his address at the Asia-Pacific Economic Cooperation CEO Summit on Wednesday. “And today we’re not really building ships and we’re going to start and we’re going to have a very thriving, very thriving shipbuilding industry […] More
Lockheed Martin is investing $50 million in Saildrone, a maritime defense company that develops autonomous systems for military missions, to accelerate the development of unmanned surface vehicles equipped with advanced defense technologies. How Does the Collaboration Support National Defense Priorities? Saildrone said Wednesday that the investment will establish an integration team that will equip Saildrone’s […] More
HII and HD Hyundai Heavy Industries, or HHI, have signed a memorandum of agreement to strengthen collaboration on distributed shipbuilding and pursue joint auxiliary and commercial vessel programs. HII said Sunday the partnership, formalized during the Asia-Pacific Economic Cooperation 2025 Forum, marks a key step in advancing U.S.-South Korea shipbuilding cooperation. “This marks the beginning […] More
General Dynamics Electric Boat has acquired the Crystal Mall in Waterford, Connecticut, as part of its ongoing efforts to accelerate the production of Columbia- and Virginia-class submarines for the U.S. Navy. The Crystal Mall acquisition follows Electric Boat’s purchase of the former Macy’s location in Waterford in June in support of its strategy to expand […] More
Global Military Products, a wholly owned subsidiary of Global Ordnance Holdings, has established a strategic partnership with Hanwha Aerospace focused on the joint pursuit of Department of Defense opportunities related to the manufacture of ammunition and energetics. How Will the Collaboration Modernize Production? The partnership, announced by Global Ordnance Holdings in a recent LinkedIn post, […] More
Vertosoft and Exclusive Networks North America have formed a strategic partnership to streamline distribution and create a unified route to market for technology suppliers and channel partners across the U.S. public and commercial sectors. Under the agreement, Vertosoft becomes Exclusive Networks’ preferred distributor for the U.S. government market, while Exclusive Networks will serve as Vertosoft’s […] More
MetTel has entered a strategic partnership with TekSynap to modernize the communications infrastructure of defense and intelligence agencies. Don Parente, vice president of public sector sales and solution architecture for MetTel, said Tuesday that the technology companies will combine their “deep expertise in secure network services and agile IT solutions” to support defense and intelligence […] More
Enveniam, formed by private equity firm Bernhard Capital Partners in 2022, is uniting engineering, technology and project execution expertise to address some of the nation’s most critical energy and national security challenges. The company said in a press release provided to ExecutiveBiz that it aims to deliver offerings across nuclear, oil, gas, renewable energy, critical […] More
Amentum has announced plans to create 3,000 jobs across the U.K. over the next four years as the European country ramps up its investment in nuclear power and defense capabilities. Join U.S. military leaders and industry experts as they discuss international partnerships, coalition warfare, technological advances and more at the Potomac Officers Club’s GovCon International […] More
Trident Solutions has emerged as a new defense electronics platform following Rocket Lab’s acquisition of Geost, a subsidiary of ATL Partners’ portfolio company LightRidge Solutions. The remaining companies under LightRidge, namely Trident Systems and Ophir, were consolidated under the Trident Solutions name, positioning the new brand as a multi-domain provider of space and defense electronics […] More
Systems Planning & Analysis has purchased an office building as part of its efforts to expand its global headquarters in Alexandria, Virginia. The company said Thursday that the 239,000-square-foot facility will undergo extensive renovations to provide employees with a collaborative workspace. The expansion will also include the installation of new technologies and infrastructure to drive […] More
IonQ has launched IonQ Federal, an organization dedicated to serving the needs of the U.S. government and its allies. The company said Wednesday that Robert Cardillo, a four-time Wash100 Award winner, will serve as executive chairman of IonQ Federal. In his new role, Cardillo will lead the strategic operations and manage partnerships to expand the […] More
