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GovConWire's Government Contracting News 11/8/2021

Lockheed Secures $10.9B Air Force F-22 Modernization IDIQ
Contract Awards

Lockheed Secures $10.9B Air Force F-22 Modernization IDIQ

Lockheed Martin (NYSE: LMT) has received a potential 10-year, $10.86 billion contract to help the U.S. Air Force update and maintain the military service’s F-22 Raptor fighter aircraft. USAF is procuring modernization hardware kits along with systems upgrade, repair and logistics support services through the Advanced Raptor Enhancement & Sustainment program, the Department of Defense
HII Reports $2.3B in Q3 2021 Revenue; Mike Petters Quoted
Financial Report

HII Reports $2.3B in Q3 2021 Revenue; Mike Petters Quoted

Huntington Ingalls Industries (NYSE: HII) saw its third-quarter revenue for 2021 increase 1 percent to $2.3 billion and reported $3.65 in diluted earnings per share. The Newport News, Virginia-based shipbuilding company said Thursday it recorded $600 million in Q3 2021 new contract awards and a total backlog of about $50.1 billion as of Sept. 30.
Artificial Intelligence-Related Challenges, Opportunities Drive Federal Defense Agency Priorities & Budget Concerns
Artificial Intelligence

Artificial Intelligence-Related Challenges, Opportunities Drive Federal Defense Agency Priorities & Budget Concerns

Federal agencies are working to integrate artificial intelligence into their infrastructures as they iteratively replace outdated legacy systems and optimize essential operations to match adversarial capabilities in the digital age. As a boost to this critical initiative, U.S. Senators Jacky Rosen, D-Nev., and Rob Portman, R-Ohio introduced the Advancing American AI Innovation Act on Thursday. The
Executive Spotlight With Hawkeye 360 CEO John Serafini Focuses on Company Strategies, Satellite Development Processes, Recent Hires & NGA Contract Win
News

Executive Spotlight With Hawkeye 360 CEO John Serafini Focuses on Company Strategies, Satellite Development Processes, Recent Hires & NGA Contract Win

ExecutiveBiz spoke with John Serafini, CEO of Hawkeye 360, in its most recent Executive Spotlight interview released Friday. The discussion focused on the company’s growth strategies, satellite capabilities, expansion of its executive team and advisory board and recent contract win in support of the National Geospatial-Intelligence Agency. Here’s an excerpt from the interview with Serafini
Amentum Names William Condon as Nuclear Operations & Cleanup Sector Lead
Executive Moves

Amentum Names William Condon as Nuclear Operations & Cleanup Sector Lead

William Condon, a senior vice president of Amentum and a three-decade industry veteran, has been appointed as head of the company’s nuclear operations and cleanup business. He succeeds Jim Blankenhorn, who transitioned to a new role as lead for Amentum’s technical services unit, the company said Friday. In his new capacity, Condon will lead an
Errol Farr Promoted to Auterion Government Solutions President
Executive Moves

Errol Farr Promoted to Auterion Government Solutions President

Errol Farr, formerly vice president of business development at Auterion Government Solutions, has been named president of the Moorpark, California-based unmanned vehicle software provider. His promotion comes as Austerion GS aims to expand its work in the U.S. defense market and he brings more than two decades of industry experience to his new position, the
DHS Receives More Than 600 Phase I Proposals for $10B FirstSource III IT Contract
News

DHS Receives More Than 600 Phase I Proposals for $10B FirstSource III IT Contract

The Department of Homeland Security has received 637 proposals from 325 vendors for the potential 10-year, $10 billion FirstSource III information technology contract and that Phase I evaluation of the proposals is nearly complete, according to an updated notice to industry. DHS informed vendors that it expects to issue advisory downselect notifications to companies by
PFS President Greg Smallwood Elevates to CEO Post
Executive Moves

PFS President Greg Smallwood Elevates to CEO Post

Greg Smallwood, president of Prometheus Federal Services, has been promoted to the CEO role, FedHealthIT reported Friday. He will lead the company that supports health care and social service programs for military personnel. Smallwood joined PFS in July 2019 after his prior role as principal at Atlas Research, where he oversaw the latter’s work with
4 Former IRS Officials Join Peraton
Executive Moves

4 Former IRS Officials Join Peraton

Four former Internal Revenue Service officials have joined the citizen services team at Peraton to lead and support the company’s engagements with the agency. Julie Rushin, who previously served as deputy CIO for information technology at IRS, will be director of Peraton’s IRS portfolio, the company said Friday. Rushin brings 38 years of government and
Security 1 Solutions to Help Secure Pentagon Assets Under $119M Contract
Contract Awards

Security 1 Solutions to Help Secure Pentagon Assets Under $119M Contract

Security 1 Solutions has received a five-year, $119.3 million contract to help the Pentagon Force Protection Agency secure Department of Defense assets and operations within the National Capital Region. The Gaithersburg, Maryland-based company will deploy security personnel to the Pentagon and Mark Center buildings under the firm-fixed, labor hours contract from Washington Headquarters Services, DOD
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