THIS WEEK'S TOP NEWS STORIES
The House Appropriations Committee has released a draft bill that would allocate?$761.7 billion in defense funding for fiscal year 2023 ,?reflecting an increase of $32.2 billion from the FY 2022 enacted funding level. The defense funding bill would appropriate $173.1 billion for military personnel; $269.3 billion for operation and maintenance; $131.7 billion for research, development, test and evaluation; and $143.9 billion for procurement.
The Naval Air Systems Command has awarded?Pratt and Whitney ?a $4.38 billion contract modification to manufacture engines for the U.S. military's 15th and 16th F-35 production lots.?Raytheon Technologies -owned (NYSE: RTN) engine builder will also obtain long lead-time items needed to make?propulsion systems for non-DOD participants and foreign military sales clients in the Joint Strike Fighter program.
Shareholders at?Vectrus ?(NYSE: VEC) approved Wednesday the company's?proposed combination with Vertex ?and both parties expect the transaction to close in the third quarter of 2022. The combined entity will adopt the name V2X and trade on the New York Stock Exchange under the ticker symbol “VVX” upon the deal’s closing.
CNSI ?has instituted a new board of directors consisting of government technology and health care executives and led by former?CGI ?executive?Donna Morea ?in the?chair role . Spurred by the acquisition of investment firm?Carlyle ?in?December 2021 , the newly established CNSI board will also draw advice from Lawrence Prior, Penny Thompson and Tom Weston, among other members, the McLean, Virginia-based health information technology company said Monday.
Digital services company?Ad Hoc has acquired Cascades Technologies , a Herndon, Virginia-based information technology provider, for an undisclosed sum as part of efforts to expand its technological capabilities in support of federal agency customers.
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The U.S. Air Force has released a request for proposals for the second iteration of a potential five-year, $1 billion contract vehicle to build and update test and evaluation systems across defense programs.?Proposals for the?Test and Evaluation Technologies for Ranges, Armaments and Spectrum II ?contract are due July 22.
Richard Riggs , director of business development at?PAE Design and Facility Management , recently?spoke with?ExecutiveBiz ?regarding the challenges to drive long term success for the company’s workforce as the recruitment war for top talent in the federal sector continues, during the latest?Executive Spotlight ?interview.
The Department of Veterans Affairs is soliciting proposals for a potential five-year, $650 million contract vehicle intended to augment technology design, development and testing efforts within the Veterans Health Administration. VA said Tuesday?in a solicitation notice the?Accelerating VA Innovation and Learning program ?seeks subject matter expertise to create novel platforms along with?care and service models for potential use in real-world clinical settings.
The Department of Veterans Affairs is soliciting proposals for a potential five-year, $650 million contract vehicle intended to augment technology design, development and testing efforts within the Veterans Health Administration. VA said Tuesday?in a solicitation notice the?Accelerating VA Innovation and Learning program ?seeks subject matter expertise to create novel platforms along with?care and service models for potential use in real-world clinical settings.
Raj Iyer , chief information officer of the U.S. Army and a?2022 Wash100 Award ?winner, expressed his humility to be named the first civilian CIO of the service branch with more than 247 years of history driving our nation and protecting us from impossible odds time after time during Wednesday’s?Second Annual?Army IT and Digital Transformation Forum ?hosted by?GovCon Wire Events .?