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Category: Industry News

Godspeed Capital Secures $250M for 2nd Investment Program; Douglas Lake QuotedIndustry News

Godspeed Capital Secures $250M for 2nd Investment Program; Douglas Lake Quoted

Godspeed Capital Management has raised $250 million in capital commitments from new and existing investors for its second investment program
ManTech Co-Founder George Pedersen Dies at 87Industry News

ManTech Co-Founder George Pedersen Dies at 87

George Pedersen, co-founder and former chairman and CEO of ManTech, has died at the age of 87. He helped establish
Report: Debt-Ceiling Standoff Could Impact Defense ContractorsIndustry News

Report: Debt-Ceiling Standoff Could Impact Defense Contractors

A standoff between the White House and House Republicans over the debt ceiling could delay the passage of a national
Deltek Study Reveals Positive Outlook Among Government Contractors; Kevin Plexico QuotedGovCon Expert

Deltek Study Reveals Positive Outlook Among Government Contractors; Kevin Plexico Quoted

An annual Deltek study has found that 49 percent of government contractors reported rising government revenue in 2022 and more
GSA Issues Notice of Opportunity for National Deep Energy Retrofit Program Round 7Industry News

GSA Issues Notice of Opportunity for National Deep Energy Retrofit Program Round 7

The General Services Administration has released a solicitation inviting companies holding spots on the indefinite-delivery/indefinite-quantity Energy Savings Performance Contract vehicle
Jacobs to Spin Off Critical Mission Solutions Business; Steve Arnette to Lead Independent CompanyIndustry News

Jacobs to Spin Off Critical Mission Solutions Business; Steve Arnette to Lead Independent Company

Jacobs (NYSE: J) will spin off its critical mission solutions business into an independent company focused on providing applied science
Pentagon Reinstates Pre-Pandemic Progress Payment Rate for Large BusinessesIndustry News

Pentagon Reinstates Pre-Pandemic Progress Payment Rate for Large Businesses

The Department of Defense has moved to update the rates of progress payments meant to help defense contractors mitigate the
V2X Relocates HQ to Tysons Corner; Chuck Prow QuotedIndustry News

V2X Relocates HQ to Tysons Corner; Chuck Prow Quoted

V2X (NYSE: VVX) has transferred its headquarters to a new office space in Fairfax County, Virginia, as part of efforts
Kathleen Hicks: Presidentā€™s Proposed FY24 DOD Budget Invests $6B in Defense Industrial BaseIndustry News

Kathleen Hicks: Presidentā€™s Proposed FY24 DOD Budget Invests $6B in Defense Industrial Base

Kathleen Hicks, deputy secretary of the Department of Defense, said President Joe Bidenā€™s defense budget request of $842 billion for
Amentum Picks Fairfax County for New HQ; John Heller QuotedIndustry News

Amentum Picks Fairfax County for New HQ; John Heller Quoted

Amentum will transfer its headquarters from Germantown, Maryland, to Chantilly, Virginia, as the company works to consolidate operations following its