GovConWire's Government Contracting News 6/2/2022

Contract Awards

Collins Aerospace, Axiom Space Win Spots on $3.5B NASA Spacesuit Development IDIQ

Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary and Axiom Space have won positions on a potential 12-year, $3.5 billion contract to develop next-generation spacesuits that would enable NASA astronauts to perform spacewalks outside the International Space Station and explore the lunar surface as part of Artemis missions. NASA said Thursday the Exploration Extravehicular Activity Services

M&A Activity

Parsons Closes Xator Acquisition

Parsons (NYSE: PSN) has closed its purchase of Xator for approximately $400 million as part of efforts to expand its footprint within the Intelligence Community, U.S. Special Operations Command, federal civilian and critical infrastructure markets. The transaction was first announced in May and Parsons said Wednesday it will integrate Xator into its engineered systems business

News

Army Innovation Initiative Drives Modernization, Sparks Potential DOD Enterprise Reorganization

As the U.S. Army places heavy emphasis on modernization, service leaders are looking to harness more industry innovations that can help the branch create robust information and data sharing capabilities at a quicker speed. Matt Benigni, chief data officer for the Army Futures Command, said during a recent Dcode webinar that he views digital transformation

M&A Activity

Electrosoft Buys Achilles Shield in Government Cybersecurity Market Push; Sarbari Gupta Quoted

Reston Virginia-based information technology company Electrosoft acquired managed security services provider Achilles Shield in a move to grow the former’s cybersecurity portfolio for the federal civilian and defense sectors. Electrosoft said Wednesday its founder and CEO Sarbari Gupta will also hold the chief executive role at the acquired entity. The woman-owned company participates in the

M&A Activity

WSP Strikes $1.8B Deal for Wood’s Environment & Infrastructure Business

Canada-based engineering services provider WSP Global has agreed to acquire John Wood Group’s environment and infrastructure business for approximately $1.81 billion in a transaction that would expand WSP’s earth and environment consulting practice in the U.S. WSP said Wednesday it expects the transaction to close in the fourth quarter of 2022, subject to approval by

Executive Moves

Jonathan Baliff Named Redwire CFO

Jonathan Baliff, chairman of the audit committee of Redwire’s (NYSE: RDW) board of directors, has been appointed chief financial officer at the space infrastructure technology company. He succeeds Bill Read, who has served in the CFO role since August 2020 and stepped down nine months after Redwire went public, the company said Wednesday. David Kornblatt,

News

Germany Picks Boeing CH-47F Chinook Aircraft for STH Heavy-Lift Helicopter Program

Boeing (NYSE: BA) will deliver the CH-47F Chinook aircraft to the German armed forces for its heavy-lift helicopter program, with the potential Foreign Military Sales deal reportedly reaching $4.29 billion in estimated value. The defense company said Wednesday it was selected to provide Germany with the NATO-interoperable Chinook aircraft to meet its STH heavy-lift helicopter

News

Q&A With Raytheon I&S Department 22 President Paul Meyer Focuses on DOD’s JADC2 Implementation Plan

Paul Meyer, president of Department 22 at Raytheon Technologies‘ intelligence and space business, was featured in a recent Executive Spotlight interview published Tuesday. He said Department 22 was formed in response to customers’ call to boost the speed of innovation amid the Department of Defense’s implementation of its Joint All-Domain Command and Control plan. Meyer

Contract Awards

SCW&M to Help Maintain Navy Ships in San Diego Under IDIQ Contracts Worth $1.2B

Southcoast Welding and Manufacturing has won spots on a pair of multiple-award contracts worth potentially $1.19 billion combined to repair, maintain and update non-nuclear surface combatant and amphibious ships that are visiting or stationed at the U.S. Navy’s San Diego base. Naval Sea Systems Command received seven offers for the lots I and II contracts

GovConWire's Government Contracting News 6/2/2022

Collins Aerospace, Axiom Space Win Spots on $3.5B NASA Spacesuit Development IDIQ

Parsons Closes Xator Acquisition

Army Innovation Initiative Drives Modernization, Sparks Potential DOD Enterprise Reorganization

Electrosoft Buys Achilles Shield in Government Cybersecurity Market Push; Sarbari Gupta Quoted

WSP Strikes $1.8B Deal for Wood’s Environment & Infrastructure Business

Jonathan Baliff Named Redwire CFO

Germany Picks Boeing CH-47F Chinook Aircraft for STH Heavy-Lift Helicopter Program

Q&A With Raytheon I&S Department 22 President Paul Meyer Focuses on DOD’s JADC2 Implementation Plan

SCW&M to Help Maintain Navy Ships in San Diego Under IDIQ Contracts Worth $1.2B

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