Defense services companies face ‘structural issues’ as tech disruptors surge
Artificial intelligence displacement and higher acquisition prices threaten the growth model that has sustained industry leaders for two decades. Traditional government services providers face a stark future, where they either need to transform themselves or risk becoming irrelevant. That was the prevailing message in a presentation Thursday from Brian Gesuale, managing director of the Raymond James […]
Navy starts the bidding for $500M C4ISR engineering contract
The Navy is seeking an industry partner to help manage and execute programs and sponsored projects. The Navy has opened the window for industry to start working on and submitting proposals for a five-year, $500 million contract covering broad program management and engineering services. Navy officials set up the Network Integration Engineering Facility Engineering Services contract to […]
Valiant hires former J&J exec Mattingly as CEO
Valiant has been owned by investment firm The GC Companies since 2017. Valiant Integrated Services has hired a new chief executive in Sean Mattingly, a 35-year defense sector veteran and most recently a senior vice president at J&J Worldwide Services. Mattingly succeeds Mike Devoto, who led the global government services company as CEO for the past […]
WT 360: Tria Federal and its pair of priority areas
Tim Borchert and Atchut Kanthamani, respectively chief executive and president of Tria Federal, join to go over the company’s push to be a more formidable midsized competitor in the health and public safety markets. Tria Federal’s acquisition of Softrams back in the spring transformed the acquirer almost overnight into a 1,500-person team that looks to […]
Defense industry must embrace speed and innovation, Austin says
The former defense secretary cites lessons from the war in Ukraine and warns about the risk of slow procurement and production gaps. The threat landscape facing the U.S. is rapidly evolving and the defense industry needs to change to keep pace. Speaking at the annual Raymond James Defense and Government investor conference Thursday, former Defense Secretary Lloyd […]
The Netherlands joins US Air Force’s robot wingman program
The U.S. ally also agreed to develop small drones for intelligence, surveillance, and reconnaissance with General Atomics. WASHINGTON—The Netherlands wants in on the U.S. Air Force’s collaborative combat aircraft program to boost their own fleet of F-35 fighter jets. The Dutch Defense Ministry inked a letter of intent to cooperate in the program Thursday. The Netherlands […]