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Latest Federal & Government Contracting Companies' News Coverage
Executive Mosaic’s GovCon Index closed with an average of $5,203.60 for the Thanksgiving break period, a 0.18% week-on-week decline and a third consecutive monthly loss for the index. GovCon Index is an aggregate index that gathers real-time stock market data from 30 key government contracting organizations. This information gives site visitors an inside look into each […] More
Pat Gelsinger on Dec. 1 retired as CEO of Intel Corporation and stepped down from the company’s board of directors. A search committee has already been formed to find a successor, the company said Monday. Remarks by Gelsinger Commenting on his retirement, Gelsinger said his departure from Intel is “bittersweet” because serving in Intel “has […] More
The U.S. Army has awarded spots to American Ordnance and General Dynamics’ ordnance and tactical systems business on a $499.2 million contract for the procurement of critical mortar system components. Army Contract Details The Department of Defense said the two companies will compete for each order of the firm-fixed-price contract for the production of mortar propelling charges. The […] More
Raytheon, an RTX business, secured a $590.8 million fixed-price incentive, cost-plus-fixed-fee contract from the U.S. Navy for the low-rate initial production of 13 Next Generation Jammer Mid-Band ship sets for the service branch and the Royal Australian Air Force. The Department of Defense said Tuesday that production will continue through January 2028, with Raytheon also supplying associated […] More
Drone technology company Red Cat Holdings has promoted Geoffrey Hitchcock as its chief revenue officer from his former position as general manager of the company’s Teal Drones subsidiary. In his new role, Hitchcock will handle all of Red Cat Holdings’ revenue-generating activities focusing on strategic partnerships, market expansion and leadership in unmanned systems development, the […] More
The State Department has approved the potential sale of the High Gain Measurement System worth an estimated $125 million to the government of the United Kingdom. Potential High Gain Measurement System Deal The Defense Security Cooperation Agency said the proposed foreign military sale, which will have Reston, Virginia-based information technology company Leidos as the principal contractor, covers […] More
The U.S. Air Force’s 764 Enterprise Sourcing Squadron is seeking companies that can support the U.S. Air Forces in Europe-Air Forces Africa installations in Turkey and Spain. The USAF historically selects a single vendor to provide base operation support for USAFE-AFAFRICA facilities for both locations, but the military service is reconsidering the acquisition strategy and […] More
USfalcon recently announced the strategic realignment of its management team. The professional services company said Nov. 26 that the move is part of a broader effort to ensure growth, stronger collaborations and operational optimization. Executive Moves The strategic realignment includes the appointments of Stephanie Martin as president and chief administrative officer; Greg Black as chief […] More
Maximus will continue to provide contact center operations support for the Centers for Medicare and Medicaid Services. The company said Tuesday the announcement comes after CMS moved to end the early recompete process for the Contact Center Operations contract, or CCO. Under the current CCO contract, the available option periods will run through 2031. The […] More
Morgan Business Consulting, a provider of advisory services within the defense industrial base, has expanded its partnership with IronNet to enhance the identification and mitigation of potential threats to critical defense assets. Under the agreement, MBC will use the Network Detection and Response offering, or NDR, and the Collective Defense platform to strengthen its cybersecurity […] More
Cadmus has named Jeff Smith as senior vice president following the company’s acquisition of technology consulting firm Ventera, where Smith was an executive vice president responsible for leading the company’s government services unit. The new SVP announced the appointment in a recent LinkedIn post. Speaking about the finalized acquisition, Cadmus said in October that the […] More
Desta Price, former chief product officer at Marigold, has joined CivicPlus as the company’s chief product and technology officer. She will lead a global team overseeing product strategy, engineering and service delivery as the company advances its public sector technologies, CivicPlus said Tuesday. CivicPlus CEO Brian Rempe remarked, “Desta’s insights into [software-as-a-service] product strategy and development will help […] More
