THIS WEEK'S TOP NEWS STORIES
Guidehouse, a Veritas Capital portfolio company, has agreed to buy the?public sector advisory practice?of professional services firm Grant Thornton for an undisclosed sum. The transaction would add to Guidehouse a group of professionals who advise?government clients with solutions on various matters such as information technology, finance and human capital management.
Five contractors will compete for task orders under a potential 11-year, $4.8 billion multiple award contract from the U.S. Air Force to provide National Air and Space Intelligence Center with?capability support services.?Altamira Technologies,?Epsilon Systems Solutions,?Modern Technology Solutions Inc.,?Radiance Technologies?and Xandar were selected to assist NASIC in generating scientific and technical intelligence.
LMI?has elevated?Joe Niehaus, a 23-year industry veteran, to senior vice president of the consultancy's logistics service line and hired?Zaki Saleh, formerly an executive at?Peraton, to serve as SVP for the health and civilian market.
Tom Afferton, president of Cyber Mission sector at Peraton,?recently spoke with?ExecutiveBiz?regarding the significant market growth and recent wins over the past year for the company as well as the work that industry is doing to address the most critical challenges facing our business today, including the impact of cybersecurity during the latest?Executive Spotlight?interview.
BAE Systems?has beaten out a team of Oshkosh Defense and ST Engineering for a seven-year, $278 million U.S. Army?contract to produce a modernized ground vehicle designed to operate in the Arctic region and other extreme cold weather environments. The Beowulf amphibious tracked platform won the?Cold Weather All-Terrain Vehicle?competition to replace the branch’s legacy fleet of Small Unit Support Vehicles, the company said Monday.
More than 190 commercial companies have participated in an industry engagement day hosted by the Department of Defense to learn about the vision and technical priorities of the?Rapid Defense Experimentation Reserve?initiative. Participants of the event held at Johns Hopkins Applied Physics Laboratory gained first-hand knowledge of how the RDER enables prototyping and experimentation to support joint warfighting concepts.?
The Army has made significant progress in the last decade, noted Army Undersecretary?Gabe Camarillo?during the?Potomac Officers Club’s?7th Annual Army Summit?this week.
Camarillo lauded the transformation — but he also noted three main items on the service’s “to-do” list as it responds to national security challenges, evolving industry trends and other influential factors.
Jacobs?(NYSE: J) will?adopt Jacobs Solutions?as its new corporate name as part of a plan to implement a holding company structure on Aug. 29. Common stock of Jacobs Solutions will trade on the New York Stock Exchange under the ticker symbol “J” on an uninterrupted basis.
The Department of Commerce has named 34 international business and economic leaders that will provide advice on the development and implementation of policies to attract and facilitate foreign business investment. Commerce Secretary?Gina Raimondo?said in a statement published Monday the addition of business and economic executives to the?U.S. Investment Advisory Council?will play a critical role to achieving global economic success.
The Defense Innovation Unit, U.S. Space Force and Air Force Research Laboratory have jointly released a report outlining recommendations to develop a?space industrial base?that will retain U.S. dominance in commercial, civil and national security space. “The advantage America enjoys today stems from our space industrial base. We must work together to ensure that it remains a strong, effective, and innovative partner in sustaining American space superiority,” said?Gen. John “Jay” Raymond, the chief of space operations and a three-time?Wash100 Award?recipient.