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GovConWire's Government Contracting News 5/11/2021

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Executive Mosaic CEO Jim Garrettson Presents Department of the Navy CIO Aaron Weis Second Consecutive Wash100 Award
News

Executive Mosaic CEO Jim Garrettson Presents Department of the Navy CIO Aaron Weis Second Consecutive Wash100 Award

Aaron Weis, chief information officer with the Department of the Navy, was presented his second consecutive Wash100 Award, the most prestigious honor in all of government contracting (GovCon) during a recent visit by Jim Garrettson, CEO of Executive Mosaic. “Best known for his skills of strategy and cross-functional team leadership, Navy CIO Aaron Weiss has
OneWeb to Form Government Subsidiary via TrustComm Acquisition; Dylan Browne Quoted
M&A Activity

OneWeb to Form Government Subsidiary via TrustComm Acquisition; Dylan Browne Quoted

OneWeb has agreed to buy TrustComm for an undisclosed sum and will establish a new subsidiary that will focus on delivering satellite-based connectivity services to U.S. government agency customers. OneWeb said Monday TrustComm CEO Bob Roe will oversee the new government subsidiary and that it expects the transaction to be completed in 2021, subject to
State Department OKs $1.7B Aegis Combat System Sale to Canada
Contract Awards

State Department OKs $1.7B Aegis Combat System Sale to Canada

The State Department has approved Canada’s request to buy from the U.S. government the Aegis Combat System built by Lockheed Martin (NYSE: LMT) and associated equipment through a potential $1.7 billion foreign military sales deal. Lockheed’s rotary and mission systems unit will be the primary contractor on the proposed sale of four Aegis shipsets along
Kathleen Hicks Unveils Plans to Make DOD a Data-Centric Organization
News

Kathleen Hicks Unveils Plans to Make DOD a Data-Centric Organization

Kathleen Hicks, deputy secretary of the Department of Defense and a 2021 Wash100 Award winner, issued a memorandum that seeks to ensure U.S. competitive advantage by turning DOD into a data-centric organization, DOD News reported Monday. The May 5 memo with the subject Creating Data Advantage calls for the Pentagon to implement five data decrees,
Kongsberg Secures $499M Army Contract Modification for Remote Weapon Station
Contract Awards

Kongsberg Secures $499M Army Contract Modification for Remote Weapon Station

Kongsberg‘s defense and aerospace business unit has received a $499.1 million contract modification from the U.S. Army for work in support of a weapon station system mounted on armored vehicles and used by military for target identification and engagement. The Department of Defense said Monday work under the contract modification for the Common Remotely Operated
Air Force Execs Jeffrey Specht, Jude Sunderbruch Among Panelists at GovCon Wire’s Defense Cybersecurity Forum
News

Air Force Execs Jeffrey Specht, Jude Sunderbruch Among Panelists at GovCon Wire’s Defense Cybersecurity Forum

Jeffrey Specht, executive director of the Defense Cyber Crime Center operating under the U.S. Air Force, will join Jude Sunderbruch, executive director of the Air Force Office of Special Investigations, and other panelists in a discussion on cybersecurity at a GovCon Wire event Wednesday. Specht leads DC3’s efforts to provide computer forensics and training to
Arlington Capital Forms New Company With Acquisition of Triumph Group’s Aerostructure Operations
M&A Activity

Arlington Capital Forms New Company With Acquisition of Triumph Group’s Aerostructure Operations

Arlington Capital Partners has launched a new company after the private equity firm completed its purchase of the composites business and three aerostructure fabrication facilities from Triumph Group (NYSE: TGI). Both parties first announced the transaction in August 2020 and ACP said Monday that Pete Wick, who most recently led Triumph Group’s aerospace structures segment,
Codan Closes Purchase of Mission-Critical Communications Tech Provider Zetron
M&A Activity

Codan Closes Purchase of Mission-Critical Communications Tech Provider Zetron

Codan, an Australia-based communications technology developer, has completed its acquisition of Zetron, a mission-critical integrated communications systems manufacturer headquartered in Redmond, Washington, for an undisclosed sum. Zetron will be merged with Codan Communications’ critical communications business as part of the transaction’s completion, Codan said Tuesday. Established in 1980, Zetron offers communications platforms that are now
Strategic Alliance Solutions Lands $216M MDA Support Contract for Warfighter Operational Integration
Contract Awards

Strategic Alliance Solutions Lands $216M MDA Support Contract for Warfighter Operational Integration

Strategic Alliance Solutions, a joint venture between BCF Solutions and Strategic Alliance Business Group, has won a potential $215.6 million contract to provide the Missile Defense Agency with warfighter operational integration support. The contract covers advisory and support services and holds a $51.4 million base value for a three-year period, the Department of Defense said Monday.
Ceva to Buy Intrinsix in Semiconductor Tech Portfolio Expansion Push
M&A Activity

Ceva to Buy Intrinsix in Semiconductor Tech Portfolio Expansion Push

Digital signal processing technology licensor Ceva has entered into a $33 million cash acquisition deal for Marlborough, Massachusetts-based chip development company Intrinsix in a strategy to expand into semiconductor market verticals. Ceva said Monday it aims to create a turnkey intellectual property platform for smart sensing and wireless connectivity technology developers that want to bring
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