THIS WEEK'S TOP NEWS STORIES
A?BAE Systems?division has won a potential $12 billion contract to integrate and engineer intercontinental ballistic missiles for the U.S. Air Force. Under?Integration Support Contract 2.0, the company’s technology solutions and services unit will serve as the lead systems integrator and provide professional services for the ICBM program at Hill Air Force Base in Utah, the Department of Defense said Friday.
Hilary Hageman, a 15-year GovCon industry veteran, has been appointed to serve as executive vice president, general counsel and corporate secretary at?Science Applications International Corp.?(NYSE: SAIC). Her appointment is effective July 11 and she will succeed?Steven Mahon, who has held the role since 2015 and will retire from SAIC on Sept. 30, the company said Monday.
General Dynamics’ (NYSE: GD) land systems business has received a potential?$1.14 billion contract?to produce and deploy up to 96 Mobile Protected Firepower vehicles for U.S. Army infantry brigades. The award of the low-rate initial production contract came days after the Army completed the MPF middle-tier acquisition rapid prototyping stage and issued a Milestone C decision on the program.
Mercury Systems?(Nasdaq: MRCY) has added GovCon industry veterans Howard Lance and Bill Ballhaus to its?board of directors?as part of cooperation agreements the defense and aerospace technology provider reached with two investors. Mercury said Friday the agreements with Jana Partners and Starboard Value called for the temporary expansion of its board of directors from nine members to 11 with the addition of two independent directors.
Raytheon Technologies?(NYSE: RTX) and?Northrop Grumman?(NYSE: NOC) have received contract modifications worth at least $41 million each from the Missile Defense Agency to further develop their?Glide Phase Interceptor?designs for MDA’s regional hypersonic missile defense program.
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Jim Brinker, president and general manager for Intel Federal as well as a?2022 Wash100 Award?recipient,?recently spoke with?ExecutiveBiz?regarding the latest technology trends that are influencing government agencies as they work to implement zero trust architecture and address the current set of challenges surrounding data security during the latest?Executive Spotlight?interview.
Google?has?launched a new division?to help U.S. federal, local and state government agencies and educational institutions advance their digital transformation efforts and bring its Google Cloud technology platforms to public sector organizations.
Booz Allen Hamilton?(NYSE: BAH) has received pushback from the Department of Justice on its?March agreement?to purchase data science, intelligence and cybersecurity contracting company?EverWatch Corp. In the form of a civil antitrust lawsuit made public on Wednesday, the DOJ is asserting that the acquisition violates Section 1 of the Sherman Act and Section 7 of the Clayton Act, in effect?lessening competition?for a contract from the National Security Agency that was previously contested between the two companies.
Chevy Chase, Maryland-based?Enlightenment Capital?has raised $540 million from existing and new investors for the government market investment company's fourth fund. The?Fund IV capital was oversubscribed above its original cap of $500 million and target of $350 million, the company said Tuesday.
The Department of Health and Human Services has announced?13 programs?for inclusion in President Biden’s Justice40 Initiative, which was launched as part of the administration’s commitment to environmental justice.
Join the Potomac Officers Club's?Prioritizing Environmental Justice in a Changing Climate Forum?on July 20 to hear experts as they discuss the federal government’s Justice40 Initiative and environmental justice challenges with respect to public health, natural resources, energy and finance, community involvement and infrastructure.