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Category: News

State Department OKs $5.3B in Egypt FMS Deals for Tanks, Weapon SystemsNews

State Department OKs $5.3B in Egypt FMS Deals for Tanks, Weapon Systems

The State Department has approved Egypt’s three foreign military sales requests worth approximately $5.3 billion combined for Abrams tank refurbishment,
GovCon Index Posts 3rd Consecutive Weekly Loss in DecemberFinancial Reports

GovCon Index Posts 3rd Consecutive Weekly Loss in December

Executive Mosaicā€™s GovCon Index closed 0.83% higher at $4,884.32 before the weekend. It was a rare second-straight daily gain in
Hanwha Completes Philly Shipyard PurchaseM&A Activity

Hanwha Completes Philly Shipyard Purchase

South Korea-based Hanwha Systems and Hanwha Ocean have closed their acquisition of U.S. shipbuilder Philly Shipyard for approximately $100 million
House Rejects Stopgap Spending BillGeneral News

House Rejects Stopgap Spending Bill

The House on Thursday night turned down a stopgap spending measure backed by President-elect Donald Trump in a 174-235 vote,
What’s Next at Ultra I&C? CEO Jon Rucker Gave Us a PeekNews

What’s Next at Ultra I&C? CEO Jon Rucker Gave Us a Peek

Every year, the Baird Defense & Government Conference is awash in familiar faces and important figures in the government contracting
Understanding LiDAR Tech & Its Strategic Implications for the USNews

Understanding LiDAR Tech & Its Strategic Implications for the US

LiDAR, or light detection and ranging, has emerged as a pivotal technology in various industries, offering unparalleled precision in mapping
Kristie Grinnell Appointed TD SYNNEX Chief Information OfficerExecutive Moves

Kristie Grinnell Appointed TD SYNNEX Chief Information Officer

Kristie Grinnell was appointed executive vice president and chief information officer at TD SYNNEX, effective Jan. 20. She came to
GSA Issues Draft RFP for CBRN Items, EquipmentDOD

GSA Issues Draft RFP for CBRN Items, Equipment

The Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense, or JPEO CBRND, through the General Services Administration,
Gladstone Investment to Purchase DOD Contractor Ricardo DefenseM&A Activity

Gladstone Investment to Purchase DOD Contractor Ricardo Defense

Gladstone Investment and Proteus Enterprises have signed a definitive agreement to acquire Michigan-based engineering services and systems integration provider Ricardo
Raytheon Awarded $282M USAF Contract for StormBreaker MunitionsContract Awards

Raytheon Awarded $282M USAF Contract for StormBreaker Munitions

Raytheon has booked a $282.3 million contract from the U.S. Air Force for Small Diameter Bomb Increment II, GBU-53/B Production Lot