GovConWire's Government Contracting News 8/6/2021

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News

Express Scripts to Manage TRICARE Pharmacy Benefits Under $4.3B DHA Contract

Express Scripts has secured a potential multi-year $4.3 billion contract to help the Defense Health Agency manage pharmacy benefit-related activities across all 50 states; Washington, D.C; Guam; Puerto Rico; and the Virgin Islands. The company will provide management services in support of the TRICARE Pharmacy Benefit Program, which delivers prescription drugs to beneficiaries through mail

Financial Report

Parsons Updates Full-Year Guidance After Q2 Results; Carey Smith Touts Record Contract Wins, Complementary Portfolios

Parsons (NYSE: PSN) reported second quarter revenue of $879 million, a 10 percent decline from the same period in 2020 despite large contract wins for the April-June period. The Centreville, Virginia-based contractor attributed a 56 percent decline in operating income for the quarter to reserves taken on federal solutions and critical infrastructure programs, a competitive

News

DOD Secretary Lloyd Austin Inks Implementation Plan for Electromagnetic Spectrum Strategy

Defense Secretary Lloyd Austin has signed a plan designed to guide the military’s implementation activities aimed at ensuring U.S. electromagnetic spectrum advantage and providing warfighters with “freedom of action” in the EMS. The Department of Defense said Thursday its operations in air, land, maritime, space and cyberspace domains rely on EMS and the 2020 Electromagnetic

Industry News

Executive Spotlight With Joshua Frank, Author, Speaker, Founder and Managing Partner of RSM Federal

In its most recent Executive Spotlight interview, ExecutiveBiz spoke with Joshua Frank, founder and managing partner for RSM Federal, about the significant changes in the process of winning government contracts over recent years, marketing an organization in the GovCon sector, the difference between the capture process for smaller and larger businesses and more. Here’s an

Executive Moves

Geospark Analytics Names Omar Balkissoon as CEO; John Goolgasian as President, CGO

Omar Balkissoon, executive chairman of Geospark Analytics, will assume additional role as CEO while John Goolgasian, former chief operating officer, will serve as president and chief growth officer as part of the company’s recently announced leadership changes. Balkissoon’s appointment and Goolgasian’s promotion are meant to continue Geospark Analytics’ growth following the two executives’ efforts to

Cybersecurity

CISA Partners With Industry, Government on New Cyber Defense Initiative; Jen Easterly Quoted

The Cybersecurity and Infrastructure Security Agency has launched a new initiative to drive the development and execution of cyber defense operations plans in partnership with the private sector, federal interagency and state, local, tribal, territorial government stakeholders. The Joint Cyber Defense Collaborative is aimed at reducing cyber incident risks and coordinating defensive response of federal

Contract Awards

Oshkosh Defense Books $152M Army Delivery Order for A2 Medium Tactical Vehicles

Oshkosh‘s (NYSE: OSK) defense business has secured a $152 million delivery order from the U.S. Army Tank-Automotive and Armaments Command for the A2 variant of its Family of Medium Tactical Vehicles. The TACOM Life Cycle Management Command award continues FMTV A2 production orders and builds on completion of testing performance, Oshkosh Defense said Wednesday. A2,

Executive Moves

Raytheon Vet Richard Campos Named Altamira Business Development SVP

Richard Campos, formerly director for a national cyber program at Raytheon Technologies (NYSE: RTX), has joined Altamira Technologies as senior vice president of business development. He will be responsible for Altamira’s efforts to communicate its growth strategy and create value for shareholders, the engineering and analytics technology contractor said Thursday. Previously, Campos held a nearly

Industry News

Boeing, AE Industrial Partners Establish Aerospace Venture Fund; Marc Allen Quoted

Boeing (NYSE: BA) has teamed up with AE Industrial Partners to create AEI HorizonX, an independent venture capital group that will combine the aerospace, technology and private equity expertise of both companies to promote start-up innovation. Boeing said Thursday AEI HorizonX will further support sustainability and will focus on investments in connectivity, space, mobility, digital