BigBear pushes into agentic AI arena with $250M acquisition
In talking with Wall Street, CEO Kevin McAleenan describes the purchase of Ask Sage as one focused on gaining more capability to help agencies deploy secure artificial intelligence at scale. BigBear.ai has agreed to acquire a generative artificial intelligence platform provider for $250 million in a move to position for opportunities in future secure deployments of […]
What happens if the AI bubble bursts?
How a market correction could reshape military AI development – and why contractors should focus on solving the hardest 10% of problems, writes Vincent Carchidi, a defense industry analyst with Forecast International. If Artificial Intelligence (AI) is being developed in a financial bubble, and if this bubble bursts, several defense-related trends may be set into motion. […]
DHS seeks bids for $3B mobility support recompete
A final solicitation is now live for the Cellular Wireless Managed Services 3.0 contract, which covers roughly 150,000 connections across the Homeland Security Department. The Homeland Security Department is now ready for industry to start working on and submitting their bids for the recompete of a contract for acquiring broad professional services to help it manage […]
V2X touts progress on its capture agenda
In talking with Wall Street, CEO Jeremy Wensinger said the company has won two of the five major opportunities on its priority list even as it awaits one to work through the protest process. At the start of this year, V2X committed to pursuing five opportunities with ceiling values north of $1 billion each, as part […]
A pair of CEO transitions and more leadership moves across the market
This new edition of our executive appointment listing also includes a pair of moves focused on investment activity in the market. Bell Danny Maldonado will move up to CEO of Textron’s rotorcraft subsidiary on Jan. 4 and succeed Lisa Atherton, who is slated to become the conglomerate’s chief executive on that date. Maldonado currently works as […]
CMMC enforcement begins after eight years of warnings
“There is no excuse for industry to not be ready,” observers say as enforcement begins. The defense industry has had nearly a decade of warnings, but today (Monday, Nov. 10) marks the day that companies need to start complying with the government’s standards around how they protect controlled unclassified information. Of course, they should have been […]
Unveiling acquisition overhaul, Hegseth tells industry to get with the program
One expert said the reforms would sweep away Cold War processes — and draw backlash from established primes. FORT MCNAIR—Move faster and invest more, Defense Secretary Pete Hegseth told hundreds of defense-industry executives on Friday—or we just might make you. Hegseth, who spoke for more than an hour to a packed auditorium at the National War […]
WT 360: Amentum’s post-merger growth strategy targets space, energy and defense
CEO John Heller discusses the company’s positioning in markets such as nuclear power for artificial intelligence data centers, space systems, and multi-domain defense solutions. Amentum is marking one year since its merger with Jacobs’ government businesses to create a $14 billion-annual revenue company whose strategy centers around engineering and technology. CEO John Heller joins our Nick […]
Who won GovCon’s Awards for 2025?
The Northern Virginia Chamber of Commerce and Professional Services Council announce the 2025 Greater Washington Government Contractor Awards, which also featured the induction of Joseph Kampf into the GovCon Hall of Fame. The Northern Virginia Chamber of Commerce and Professional Services Council have announced the 2024 class of companies and executives to receive the Greater Washington […]
Northrop Grumman hires former Discover CFO as finance chief
John Greene will join Northrop on Jan. 7 and brings 35 years of finance experience from other industries to the role. Northrop Grumman has hired a new chief financial officer in John Greene, who joins the blue chip defense company after six years as Discover’s CFO prior to its acquisition by Capital One in May. Greene’s […]