Hello, Guest!

Your Direct Source for Government Contracting News

GovConWire Top Stories 4/1/2021

[bsa_pro_ad_space id=11]

General Dynamics CEO Phebe Novakovic Named to 2021 Wash100 for Driving Company Growth; Expanding Senior Leadership; National Security Portfolio

News

General Dynamics CEO Phebe Novakovic Named to 2021 Wash100 for Driving Company Growth; Expanding Senior Leadership; National Security Portfolio

Executive Mosaic is pleased to name Phebe Novakovic, chairman and CEO of General Dynamics, as a recipient into the 2021 Wash100 Award for leading company initiatives in meeting federal government requirements and helping defend national security interests. The recognition marks Novakovic’s seventh Wash100 Award and her sixth consecutive year as an inductee of the highest

Microsoft to Produce HoloLens-Based Augmented Reality Headsets Under Potential $22B Army Contract

Contract Awards

Microsoft to Produce HoloLens-Based Augmented Reality Headsets Under Potential $22B Army Contract

Microsoft (Nasdaq: MSFT) has received a contract from the U.S. Army to transition a HoloLens-based augmented reality headset from prototyping to the production and rapid fielding phase. Alex Kipman, a technical fellow at Microsoft, wrote in a blog post published Wednesday that the Integrated Visual Augmentation System, which is backed by Microsoft Azure cloud services,

Lockheed to Continue Saudi Arabia THAAD Support Under $610M Phase II FMS Contract

Contract Awards

Lockheed to Continue Saudi Arabia THAAD Support Under $610M Phase II FMS Contract

Lockheed Martin‘s (NYSE: LMT) missiles and fire control business has secured a $610.5 million contract from the Missile Defense Agency to continue providing a range of support services for Saudi Arabia’s Terminal High Altitude Area Defense system to fulfill a foreign military sales requirement. Work under the THAAD FMS Phase II contract will include ground

Dana Barnes, Public Sector SVP at Palo Alto Networks, Receives First Wash100 Award

News

Dana Barnes, Public Sector SVP at Palo Alto Networks, Receives First Wash100 Award

Dana Barnes, senior vice president of the public sector with Palo Alto Networks, has received the most prestigious and coveted award in all of government contracting (GovCon) for the first time. Executive Mosaic is pleased to recognize Barnes’ contributions to our industry and community through his leadership and efforts to drive digital transformation and for

Cubic Accepts Potential $3B Amended Buyout Offer of Veritas, Evergreen

M&A Activity

Cubic Accepts Potential $3B Amended Buyout Offer of Veritas, Evergreen

Cubic (NYSE: CUB) has agreed to be acquired by Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Management, for approximately $3 billion, or $75 in cash per share under a revised proposal. The all-cash transaction includes the assumption of debt and Cubic said Wednesday its board considered the revised offer of Singapore-based

Tyler Technologies Buys Veterans Claims Management Software Company DataSpec; Lynn Moore Quoted

M&A Activity

Tyler Technologies Buys Veterans Claims Management Software Company DataSpec; Lynn Moore Quoted

Tyler Technologies (NYSE: TYL), a Plano, Texas-based public sector software provider, has purchased DataSpec for an undisclosed sum as part of efforts to expand its software offerings for managing veterans’ benefits. “DataSpec is a good fit with Tyler’s acquisition philosophy, which includes adding best-of-breed companies and products that complement our current offerings,” Lynn Moore, president

DOI Proposes Potential $250M Contract With Accenture for Minerals Revenue Management System Support

Contract Awards

DOI Proposes Potential $250M Contract With Accenture for Minerals Revenue Management System Support

The Department of the Interior plans to award a potential 10-year, $250 million contract to Accenture‘s (NYSE: ACN) federal arm for services in support of an automated information system used by the Office of Natural Resources Revenue to collect, verify and distribute mineral revenues to stakeholders. DOI said in an award notice published Wednesday on

COMSovereign to Buy RVision for Smart City Development Push

M&A Activity

COMSovereign to Buy RVision for Smart City Development Push

COMSovereign has agreed to acquire video and physical security technology manufacturer RVision for an undisclosed sum to expand technology portfolio for smart city projects and customer base in the public and private sectors. COMSovereign said Wednesday the agreement includes $5.58 million in total considerations including restricted common stock shares and is scheduled to close within

Arctos Secures Potential $96M Air Force Propulsion, Thermal Management Tech Contract

Contract Awards

Arctos Secures Potential $96M Air Force Propulsion, Thermal Management Tech Contract

Arctos Technology Solutions a potential eight-year, $96 million contract to help the U.S. Air Force further develop power, propulsion and thermal management systems. The company will perform work as part of the service branch’s Research Enabling Procurement for Aerospace Systems program, the Department of Defense said Wednesday. The Air Force Research Laboratory received 19 bids

JAIC Seeks Data Preparation, Management Support for DOD’s AI Development Initiatives

News

JAIC Seeks Data Preparation, Management Support for DOD’s AI Development Initiatives

The Joint Artificial Intelligence Center is looking for potential sources that can provide assistance for AI development efforts across the Department of Defense. The U.S. Army Materiel Command said in a request for proposals posted Wednesday that the Data Readiness for AI Development basic ordering agreement covers data preparation and related services to support various