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GovConWire's Government Contracting News 12/2/2022

DOD’s Newly Formed Office Aims to Partner With Private Capital Providers; Lloyd Austin Quoted
News

DOD’s Newly Formed Office Aims to Partner With Private Capital Providers; Lloyd Austin Quoted

The Department of Defense has stood up an office with the goal of helping technology developers find the capital they need to bring platforms to the military and national security markets. Defense Secretary and two-time Wash100 Award recipient Lloyd Austin said in a statement released Thursday the Office of Strategic Capital will work to address
LMI Marks Space Market Entry With Synaptech Acquisition; Doug Wagoner Quoted
M&A Activity

LMI Marks Space Market Entry With Synaptech Acquisition; Doug Wagoner Quoted

Tysons, Virginia-based management consultancy LMI has purchased Synaptech for an undisclosed sum as part of efforts to expand into the space market and combine capabilities to advance innovation in mission support of Department of Defense customers. Synaptech CEO Zac Gorrell and Chief Technology Officer Elias Peroulas co-founded the Colorado-headquartered company and will oversee LMI’s space
Lockheed Secures $431M Army HIMARS Full-Rate Production Contract
Contract Awards

Lockheed Secures $431M Army HIMARS Full-Rate Production Contract

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a potential three-year, $430.9 million contract to procure M142 High Mobility Artillery Rocket System launchers for the service branch and multiple foreign military partners. Lockheed secured $209.3 million in initial procurement funds from the Army for HIMARS full-rate production services, the Department of Defense said Thursday.
SAIC Lands $151M TRANSCOM IT Support Contract
Contract Awards

SAIC Lands $151M TRANSCOM IT Support Contract

Science Applications International Corp. (NYSE: SAIC) has secured a five-year, $151 million contract to manage and update information technology networks for the U.S. Transportation Command. The company will help TRANSCOM operate systems, infrastructure and applications at both the classified and unclassified levels under the indefinite-delivery/indefinite-quantity contract, the Department of Defense said Thursday. SAIC will perform
Q&A With Splunk Public Sector VP Bill Rowan Focuses on Cybersecurity of Government Customers, Company Growth Efforts
News

Q&A With Splunk Public Sector VP Bill Rowan Focuses on Cybersecurity of Government Customers, Company Growth Efforts

ExecutiveBiz featured Bill Rowan, vice president of public sector at Splunk and three-time Wash100 Award winner, in its recent Executive Spotlight interview published Thursday. The executive talked about cybersecurity and data-related challenges in the federal landscape, and discussed his strategic goals for the coming year and Splunk’s efforts to continue public sector-focused developments. Here’s an
Rocket Lab Forms National Security Space-Focused Subsidiary
Industry News

Rocket Lab Forms National Security Space-Focused Subsidiary

Rocket Lab USA (Nasdaq: RKLB) has established a wholly owned subsidiary to offer spacecraft manufacturing, space systems capabilities and launch services to defense and intelligence community clients. Rocket Lab National Security will be based in the U.S. and will build on its parent company’s performance delivering separation systems, space solar power, flight software and other
Booz Allen Vet Justin Knapp Joins SOSi’s Exovera Subsidiary in VP Role
Executive Moves

Booz Allen Vet Justin Knapp Joins SOSi’s Exovera Subsidiary in VP Role

Justin Knapp, a 17-year veteran of Booz Allen Hamilton (NYSE: BAH), has been appointed to a vice president position at SOS International subsidiary Exovera. He will lead Exovera’s product engineering group to expand its technology portfolio and implement DevSecOps practices across the organization, the analytics software provider said Thursday. Knapp most recently served as principal
Raytheon, Lockheed Named Prime Contractors in Potential $380M Stinger Missile Sale to Finland
Contract Awards

Raytheon, Lockheed Named Prime Contractors in Potential $380M Stinger Missile Sale to Finland

Raytheon Technologies’ (NYSE: RTX) missiles and defense business and Lockheed Martin (NYSE: LMT) will serve as principal contractors for a potential $380 million foreign military sale of FIM-92K Stinger man-portable ground-to-air missiles and related equipment to the government of Finland. The Defense Security Cooperation Agency said Thursday the State Department cleared the proposed FMS transaction
3 Vendors Awarded $249M IDIQ to Fix Military Sealift Command Ships
Contract Awards

3 Vendors Awarded $249M IDIQ to Fix Military Sealift Command Ships

Three companies have won positions on a five-year, $249 million contract to repair ships in Guam for the U.S. Navy’s Military Sealift Command. The firm-fixed-price, indefinite-delivery/indefinite-quantity contract is reserved for Historically Underutilized Business Zone vendors and allocates a $3,500 guaranteed minimum for each vendor, the Department of Defense said Friday. Cabras Marine Corp., Guam Industrial
Collins Aerospace Lands $100M Air Force IDIQ for B-2, B-52 Comms Modernization, Sustainment
Contract Awards

Collins Aerospace Lands $100M Air Force IDIQ for B-2, B-52 Comms Modernization, Sustainment

Collins Aerospace, a subsidiary of Raytheon Technologies (NYSE: RTX), has received a $99.5 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to modernize and sustain a communication system on the service branch’s B-2 and B-52 aircraft and potential future platforms. The decade-long work under the sole-source acquisition will support the Air Force Nuclear Weapons Center’s
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