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Albert “Al” Stewart, a three-decade government market veteran, has joined Xator as senior vice president for business development. His appointment took effect June 1 and he is responsible for overseeing business growth strategies throughout the corporation, including its family of companies, Xator said. Stewart previously served as director of b...

A Bloomberg Government report says the federal government’s total contract spending reached $682 billion in fiscal year 2020, a 14 percent increase from FY 2019 spending of $599 billion. BGOV said Thursday FY 2020 marks the fifth consecutive year of increase in contract spending and federal agencies primarily used $1.6 trillion in enacted FY 2020...

The U.S. Air Force has awarded indefinite-delivery/indefinite-quantity contracts worth $950 million in combined value to 22 companies to procure intelligence, surveillance and reconnaissance equipment and services in support of U.S. customers under the Foreign Military Sales program. The Department of Defense said Thursday recipients of the multiple...

Northrop Grumman will supply more precision guidance kits to the U.S. Army under a three-year, $167.8 million contract modification. The company received the full amount of the modification award from the service branch and will perform work in Plymouth, Minnesota, the Department of Defense said Monday. ATK originally received a prime contract for P...

Northrop Grumman (NYSE: NOC) will manufacture 18 more supersonic sea-skimming target vehicles for the U.S. Navy under a $55.4 million contract option. This award represents the first of three options under a potential $257 million full-rate production contract announced in December 2020 and brings the number of total GQM-163A Coyote vehicles ordered...

During a recent visit to Northrop Grumman, Executive Mosaic CEO Jim Garrettson presented Shawn Purvis, corporate vice president and president of Enterprise Services at Northrop Grumman, with her first 2021 Wash100 Award. Purvis received the first Wash100 Award of her career for her leadership in enabling large-scale technology infrastructure and tra...

Northrop Grumman (NYSE: NOC) has secured a $105.7 million contract modification from the U.S. Army to build and maintain XM813 Bushmaster chain guns for the U.S. Army’s Stryker infantry carrier vehicle weapons modernization program. The Army is procuring the new configuration of 30×173 mm caliber cannons, a derivative of Northrop’s ...

Veritas Capital has closed its purchase of Perspecta and will integrate the latter with its portfolio company Peraton to create a combined entity focused on delivering enterprise information technology and mission capability integration support to federal, state and local government agencies. Stu Shea, chairman, president and CEO at Peraton and a 20...