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Latest Federal & Government Contracting Companies' News Coverage
VCE, a joint venture of EMC and Cisco, will become an EMC company by the end of the quarter and Cisco will continue to be a partner and investor in the business alongside VMware. EMC said Wednesday that it will acquire a controlling interest in VCE as part of a reorganization agreed upon between all arties to build on the business’ hybrid […] More
CGI expects to create as many as 620 new jobs through an expansion of the company’s information technology and business process service operations in Bridgend, Wales. The company has received $3.7 million in funding from the Welsh government to help the organization grow its local presence, according to an article published Monday on the Welsh […] More
Ellen Lord, CEO of Textron Systems, believes the U.S. defense industry’s future growth lies in efforts to make incremental investments that could offer contractors a step change in technology modernization, Defense News reported Tuesday. Paul McCleary writes Lord highlighted the challenges and opportunities for industry amid federal spending uncertainty in a speech at the Association of the […] More
Venture capital deals and funding for the smart grid industry reached $142 million in value third quarter of 2014, almost double the amount of investments from the previous three months, market intelligence from Mercom Capital Group says. The report identified Savant Systems of New York as the top VC-funded company, which raised $90 million for its home automation portfolio in Q3 2014, followed by big […] More
Louis Berger has received a multi-year contract from the New York City Economic Development Corp. to support business recovery and infrastructure resiliency programs following Hurricane Sandy. The company said Monday it will also assess the potential impact of post-hurricane rebuilding initiatives on the city’s economy as well as cultural and environmental resources. “We look forward […] More
Airbus has chosen a Northrop Grumman subsidiary to manufacture attitude and heading reference systems for integration into multiple types of Airbus helicopters. Northrop Grumman LITEF is scheduled to start production of its LCR-350 AHRS for various Airbus-built helicopters in 2016, Northrop said Tuesday. Germany-based LITEF designed the technology to help pilots view aircraft heading and […] More
Capgemini Consulting and Altimeter Group have forged a partnership to develop research, thought leadership and technology offerings. Altimeter and Capgemini will jointly create content in innovation, digital transformation and digital customer experience and share their methodologies, frameworks and tools, Altimeter said Monday. “We see this partnership as a big win for our clients and the industry at large,” said Xavier Hochet, CEO of Capgemini […] More
A new market report from Cushman & Wakefield says new deals for office leases in the Northern Virginia area during the most recent quarter was the highest recorded since 2011. The two earlier quarters this year were down so much that year to date leasing has dropped a total of 37 percent from this time last year, according to […] More
The Human Resources Association of the National Capital Region has released new data that indicates demand for employees with security clearances dropped in 2014, The Washington Post reported Sunday. Aaron Gregg writes the HRA-NCA report also suggests the number of contractors offering pay differentials for security-cleared personnel could decline to 37 percent in 2014 from the 72 percent recorded in 2010. […] More
Defence IQ has released a new report that forecasts the global airborne intelligence, surveillance and reconnaissance market to reach $43 billion by 2020. The report indicates that the airborne ISR market sees strong acquisition worldwide and pegs its current value at nearly $20 billion, Defence IQ said Monday. The market’s growth is also attributed to an increase in civil ISR spending, […] More
BAE Systems has rolled out updates to the Royal Air Force’s fighter aircraft, bringing the fleet into operational service. The company said Friday it upgraded the Typhoon fighter’s computing power, weapons systems integration and sensor suites to help RAF achieve its air-to-air and air-to-surface mission requirements. “We have delivered a capability with all the necessary training and support to […] More
MITRE has sought to help the aviation community collaborate with the Federal Aviation Administration meet the goals of the Next Generation Air Transportation System program, Aviation Today reported Thursday. Juliet Van Wagenen writes that the company’s Center for Advanced Aviation System Development has released a report to assess the progress of the program based on the FAA’s implementation plan and midterm concept of operations […] More
