Eight companies have won spots on a five-year, $701 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy to repair, maintain and modernize non-nuclear surface ships homeported in Mayport, Florida. The contractors will conduct continuous maintenance emergent maintenance of the ship and provide short-term support to the Chief of...
Heather Newlin, a GovCon industry executive, has joined federal information technology company NuAxis Innovations as chief delivery officer. NuAxis Innovations CEO Raza Latif announced Newlin’s appointment in a LinkedIn post published Wednesday. “With Heather’s extensive experience in service delivery and her expertise in leading m...
Executive Mosaicâs GovCon Index ended the week with a 2.36% loss following the 0.8% drop Friday to $4,780.55. The index, which tracks the stock performances of 30 major government contractors, has fallen 3.04% since the start of April. Wall Street saw a broad market selloff due to the escalating conflict between Iran and Israel. All the major...
BAE Systems has expanded its modeling and simulation solutions business with the addition of Topaz Intelligence, a custom intelligence services provider acquired through its Ball Aerospace acquisition in February. Under the integration, BAE Systems said Thursday it will work with Topaz Intelligence to market intelligence-as-a-service offerings to...
A BAE Systems business arm has secured a $459.8 million contract from the U.S. Army to provide hardware components for a multi-mode radio designed to provide line-of-sight and beyond-line-of-sight communications on aviation platforms. BAE Systems Information and Electronic Systems Integration will also perform repair services and technical, engineer...
BAE Systems has secured a pair of contract modifications worth $104 million combined to build additional amphibious combat vehicles for the U.S. Marine Corps. The company said Monday it will produce and deliver production representative test vehicles to support government testing of the ACV’s recovery variant in 2025 under a $79 million contra...
Tom Terjesen, an information technology industry leader, has returned to Peraton as senior vice president and chief information officer. In this capacity, he will oversee the implementation of Peratonâs IT strategy to drive growth initiatives and meet operational, employee experience and financial objectives and serve as a senior IT adviser to the...
BAE Systems has secured a five-year, $318 million contract to help the U.S. Army sustain its fleet of self-propelled howitzers and carrier, ammunition, tracked vehicles. The company said Wednesday it will provide engineering and logistics services to deliver new capabilities, maintenance and testing for the Army’s M109A6 and A7 howitzers and t...
While artificial intelligence is still a growing technology and comes with its share of risks and unknowns, some experts feel that the U.S. government is being too conservative about releasing information to the public regarding AI. âI think we all recognize we do not want to put out and jeopardize information that’s important to the...
The State Department has approved the government of Bahrain’s request to procure M1A2 Abrams main battle tanks and related equipment from the U.S. government under a potential $2.2 billion foreign military sales agreement. Bahrain has asked to procure 50 M1A2 System Enhancement Program version 3 vehicles, four M88A2 Hercules combat recovery ve...
