THIS WEEK'S TOP NEWS STORIES
Leidos ?(NYSE: LDOS) has won a potential 10-year, $11.5 billion contract to help the Defense Information Systems Agency consolidate information technology networks of the Department of Defense's Fourth Estate organizational entities. Under the?Defense Enclave Service contract , Leidos will move DOD agencies and field activities to a common network architecture designed to support user experience, security and network management functions, the company said Monday.
The Biden administration has imposed?full blocking sanctions on 22 Russian defense entities , including those that produce combat aircraft, missiles, infantry fighting vehicles, unmanned aerial vehicles and electronic warfare systems, as part of additional economic measures in response to Russia’s invasion of Ukraine.
Maggie Hallbach , a 25-year veteran with?Verizon , has been elevated from her current position as vice president of business development and strategic sales to senior vice president of its public sector arm. In her new role, Hallbach will be in charge of overseeing the?public sector business ?in support of the company’s government and education clientele, the Verizon subsidiary said Monday.
L3Harris Technologies ?(NYSE: LHX) has secured a potential five-year, $3.69 billion contract to help the U.S. Navy deploy?portable radios and ancillary parts . The service branch is procuring handheld, manpack, vehicle-mounted and base-mounted communications devices approved by the Office of the Chief of Naval Operations, the Department of Defense said Monday.
The competition for the reader-generated?Wash100 Award ?ranking underwent another exciting and turbulent week, as your ballots fueled a host of changes in the list of the top 30 leaders in the GovCon, government and military sectors.
Voting closes on April 30th but don’t wait! Head to?Wash100.com ?right now to cast your votes in the 2022 Wash100 Award Vote Rankings.
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The Space Development Agency has awarded?Lockheed Martin ?(NYSE: LMT),?Northrop Grumman ?(NYSE: NOC) and?York Space Systems ?prototype agreements valued at approximately $1.8 billion ?combined to build and demonstrate 126 satellites for the first tranche of the National Defense Space Architecture’s transport layer.
Brian Pickerall , senior vice president?of?Changeis , recently spoke with?ExecutiveBiz ?regarding his 25 years of government experience and bringing that to Changeis in order to continue growth for the company and drive value for its federal customers in the latest?Executive Spotlight ?interview.
The?waiting period ?under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the proposed acquisition of health information technology company?Cerner ?(Nasdaq: CERN) by?Oracle ?(NYSE: ORCL) expired Tuesday, Feb. 22.?Oracle agreed to acquire Cerner ?for approximately $28.3 billion through an all-cash tender offer in late December.
Steve Arnette , a senior vice president of?Jacobs ?(NYSE: J), has been appointed to succeed?Dawne Hickton , as executive VP and president of the company's critical missions solutions unit in a move slated to take effect April 1. Hickton, an inductee into Executive Mosaic's?Wash100 for 2022 , has led the CMS line of business since 2019 and her successor will bring more than 25 years of leadership experience to the group.
SpaceX ?will carry out an additional three?post-certification missions ?for NASA to transport U.S. astronauts to and from the International Space Station under an approximately $900 million contract modification. The agency said Tuesday its order for additional flights under the?Commercial Crew Transportation Capability contract ?awarded to Elon Musk's company in 2014 will bring the ceiling value to $3.49 billion.