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GovConWire's Government Contracting News 12/16/2021

Blue Delta Aims to Continue Government Market Investments With $215M Venture Fund; Mark Frantz Quoted
Financial Report

Blue Delta Aims to Continue Government Market Investments With $215M Venture Fund; Mark Frantz Quoted

Blue Delta Capital Partners has raised $215 million for its third fund and plans to use it to make growth-stage equity investments in federal government services providers in return for non-controlling ownership positions in such companies. The Tysons, Virginia-based venture capital firm said Wednesday the oversubscribed Blue Delta Capital Fund III was launched two years
Booz Allen Exec Frank Calvelli to be Nominated AF Space Acquisition Lead
Executive Moves

Booz Allen Exec Frank Calvelli to be Nominated AF Space Acquisition Lead

President Joe Biden intends to nominate Frank Calvelli, a senior vice president at Booz Allen Hamilton (NYSE: BAH), to be assistant secretary of the Air Force for space acquisition. Calvelli has 34 years of intelligence community experience that includes service at the National Reconnaissance Office, the White House said Wednesday. He worked as NRO’s principal
GDIT Vet Kristie Grinnell Named DXC SVP, CIO
Executive Moves

GDIT Vet Kristie Grinnell Named DXC SVP, CIO

Kristie Grinnell, an information technology industry leader, has joined DXC Technology (NYSE: DXC) as senior vice president and chief information officer. She will report to Chris Drumgoole, executive VP and chief operating officer at DXC, as she oversees the company’s global IT strategy and operations, the company said Wednesday. Drumgoole said Grinnell will be responsible
Raytheon Awarded $269M Modification on Navy ESSM Block 2 Contract
Contract Awards

Raytheon Awarded $269M Modification on Navy ESSM Block 2 Contract

Raytheon Technologies (NYSE: RTX) has received a $269 million contract modification for full-rate production services to the U.S. Navy’s Evolved Seasparrow Missile system modernization program. Naval Sea Systems Command issued the firm-fixed-price modification, as part of a potential $1.28 billion fiscal 2021-2023 ESSM Block 2 contract announced in September, the Department of Defense said Wednesday.
Air Force Deputy CIO Winston Beauchamp Delivers Keynote Address on Enterprise IT Modernization During Potomac Officers Club Forum
Events

Air Force Deputy CIO Winston Beauchamp Delivers Keynote Address on Enterprise IT Modernization During Potomac Officers Club Forum

On Wednesday, the Potomac Officers Club hosted its Air Force IT Modernization and Digital Transformation Forum, which gathered notable leaders from the U.S. Air Force and industry who spoke on leveraging public-private partnerships to accelerate infrastructure modernization, cybersecurity and other digital transformation initiatives during an era of significant digital expansion across the Air and Space Forces. Winston
SkyePoint Wins Education Department Cybersecurity Support Task Order; Frank Sturek Quoted
Contract Awards

SkyePoint Wins Education Department Cybersecurity Support Task Order; Frank Sturek Quoted

SkyePoint Decisions has received $52 million task order to provide cybersecurity risk management and compliance services for the Department of Education’s Office of Federal Student Aid. The company said Wednesday it will identify, analyze and review cyber risks to key FSA enterprise information systems and help the office implement a security authorization program. Work will
Former National Security Adviser HR McMaster Joins C3 AI Advisory Board
Executive Moves

Former National Security Adviser HR McMaster Joins C3 AI Advisory Board

H.R. McMaster, a retired U.S. Army lieutenant general and former national security adviser, has joined the advisory board of Redwood City, California-based artificial intelligence software company C3 AI. “Enterprise AI is important to national security,” McMaster said in a statement released Wednesday. “I am grateful for the opportunity to support the C3 AI team’s vital
General Dynamics Receives $88M Air Force Cannon Gun Supply Contract
Contract Awards

General Dynamics Receives $88M Air Force Cannon Gun Supply Contract

The U.S. Air Force has awarded an $88.3 million contract to General Dynamics‘ (NYSE: GD) ordnance and tactical systems business to produce cannon guns for the F-16 weapon system. The AF Life Cycle Management Center will obligate $7.85 million in foreign military sales funds for the initial order of 20mm M61A1 Vulcan artillery from General
Sarah Carter Promoted to Growth VP at ManTech’s Federal Civilian Segment
Executive Moves

Sarah Carter Promoted to Growth VP at ManTech’s Federal Civilian Segment

ManTech International (Nasdaq: MANT) has promoted its federal health executive Sarah Carter to vice president of growth for the company’s federal civilian sector, G2xchange FedCiv reported Wednesday. Carter is a more-than-two-decade industry veteran with experience in the design, implementation and administration of technologies and services in support of government and commercial information technology programs. She
Senators Want Treasury to Clearly Define ‘Broker’ in Infrastructure Law’s Crypto Tax Provision
News

Senators Want Treasury to Clearly Define ‘Broker’ in Infrastructure Law’s Crypto Tax Provision

Six senators have urged Treasury Secretary Janet Yellen to issue informal guidance providing the definition of “broker” of cryptocurrency and other digital assets in a provision of the Infrastructure Investment and Jobs Act. Section 80603 of the law seeks to “provide more certainty for Americans looking to invest in these digital assets, ensuring that crypto
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