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GovConWire's Government Contracting News 12/22/2021

State Department Clears $1.3B Aircraft Launch, Recovery Tech FMS Deal for France
Contract Awards

State Department Clears $1.3B Aircraft Launch, Recovery Tech FMS Deal for France

The State Department has approved a potential $1.32 billion foreign military sale of shipboard launch and recovery equipment and support services to France for the country’s naval aircraft carrier program. The French government wants to procure one Electromagnetic Aircraft Launch System, one Advanced Arresting Gear, launcher and engine configurations, and testing and shipboard spares, the
NowVertical to Buy Allegient Defense in Public Sector Expansion Push; Daren Trousdell Quoted
M&A Activity

NowVertical to Buy Allegient Defense in Public Sector Expansion Push; Daren Trousdell Quoted

NowVertical Group has agreed to purchase Allegient Defense as part of efforts to further broaden its footprint in the U.S. public sector. Allegient Defense provides systems engineering and technical services in the areas of data analytics, cloud computing, artificial intelligence and autonomy, unmanned aerial vehicles, directed energy and next-generation weapons systems in support of the
Raytheon Receives $578M Navy Contract Modification for Standard Missile-2 Production Requirements
Contract Awards

Raytheon Receives $578M Navy Contract Modification for Standard Missile-2 Production Requirements

Raytheon Technologies (NYSE: RTX) has received a $578.3 million contract modification to help the U.S. Navy and foreign military sales customers address production requirements for the Standard Missile-2. The Navy accounts for 6 percent, or approximately $36.7 million, of the procurement funds for SM-2 all up rounds, spare parts, engineering services and long lead materials,
GovCon Expert Dana Barnes: The Four Pillars for a Federal Cybersecurity Foundation
GovCon Expert

GovCon Expert Dana Barnes: The Four Pillars for a Federal Cybersecurity Foundation

Dana Barnes, senior vice president of Palo Alto Networks’ Public Sector and 2021 Wash100 Award winner, has published his first article as a part of Executive Mosaic’s GovCon Expert program on Wednesday In his first piece, GovCon Expert Dana Barnes provided a breakdown of the four pillars for federal agencies to create a common foundation
Executive Spotlight With Josh Jackson, SVP & Navy/USMC Portfolio Lead at SAIC, Focuses on Company’s CloudScend Capabilities, Navy’s Contract Awards
News

Executive Spotlight With Josh Jackson, SVP & Navy/USMC Portfolio Lead at SAIC, Focuses on Company’s CloudScend Capabilities, Navy’s Contract Awards

In its most recent Executive Spotlight interview, ExecutiveBiz spoke with Josh Jackson, senior vice president and portfolio lead for Science Applications International Corp.’s U.S. Navy and Marine Corps business, about the company’s recent contract win and CloudScend capabilities as well as the Navy’s human resource applications and tactical threat system challenges. Here’s an excerpt from
Mitchell Vantage Wins $359M NASA Software Engineering Support IDIQ
Contract Awards

Mitchell Vantage Wins $359M NASA Software Engineering Support IDIQ

Mitchell Vantage Systems has won a potential five-year, $359 million from NASA to provide software products, engineering support and other related services to Goddard Space Flight Center in Maryland. The Oklahoma-based company will help the agency’s engineering and technology directorate operate software platforms, data and coding systems and information infrastructure under the Software Engineering Support
Urban Air Mobility Company Eve to Go Public Through Zanite SPAC Merger
M&A Activity

Urban Air Mobility Company Eve to Go Public Through Zanite SPAC Merger

Eve, an urban air mobility platforms provider established by Embraer, has agreed to merge with blank check company Zanite Acquisition (Nasdaq: ZNTE) in a transaction that would take the former public and give the combined entity a pro forma equity value of $2.9 billion. The boards of directors of Embraer and Zanite have unanimously approved
Peraton Gets $121M Navy Contract for Spacecraft Electronics Research Support
Contract Awards

Peraton Gets $121M Navy Contract for Spacecraft Electronics Research Support

Peraton has received a potential five-year, $120.7 million contract from the U.S. Navy to conduct research and develop prototypes of spacecraft electronics and airborne electronic systems. The cost-plus-fixed-fee contract has a base value of $23.5 million and contract work will occur in Washington, D.C., through Dec. 16, 2026, the Department of Defense said Tuesday. The
ServiceNow to Help Modernize IRS Systems; Steve Walters Quoted
Contract Awards

ServiceNow to Help Modernize IRS Systems; Steve Walters Quoted

ServiceNow (NYSE: NOW) has received a five-year contract to help the Internal Revenue Service consolidate and modernize a dozen outdated agency systems into one platform using a low-code development approach. The company said Tuesday it will integrate cloud-based technologies to update workflow management, incident assessment documentation and taxpayer engagement functions at the IRS. An updated
Report: Assets in Worldwide Crypto Funds Hit $63B
News

Report: Assets in Worldwide Crypto Funds Hit $63B

Assets in global cryptocurrency funds rose from $24 billion in 2020 to $63 billion in 2021, Bloomberg reported Tuesday. Bloomberg Intelligence data shows that the number of investment vehicles tracking cryptocurrency globally climbed to 80 in 2021, up from 35 the previous year. “Globally, it’s obviously a phenomenon that’s starting to take off,” Leah Wald,
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