Retired Leidos exec shares how the company instilled agility into its corporate culture
Gerry Fasano looks back at a 41-year career and why his favorite job was leading the integration of the Lockheed Martin IS&GS services business into Leidos, which essentially created a new company. Gerry Fasano, now former chief growth officer for Leidos as of April 4, jokes that he worked at four companies over 40 years but […]
Defense tech, digital modernization drive GovCon M&A in 2024
Private equity firms led the charge with 85 out of 159 closed transactions as companies reposition themselves for emerging market opportunities. Mergers and acquisitions are one of the best barometers for tracking trends in the government contracting market. What companies are buying – and increasingly what they are selling – tells us what company executives and […]
DARPA launches competition for $700M ‘episodic mission IT’ vehicle
The Defense Advanced Research Projects Agency has no cap in the number of awards for this contract that covers application analysis and cybersecurity work, among other areas. The Defense Advanced Research Projects Agency is now ready for small businesses to start working on and submitting proposals for a potential five-year, $700 million contract vehicle focused on […]
Your contract termination has been reversed. Now what?
Agencies can call, and are calling, contractors back to work after telling them their services are no longer required. For better and for worse, government contractors have built up some institutional knowledge of how to function when their agency customers issue stop-work orders and send directives to restart the contract after re-opening. The 16-day shutdown in […]