IBM lays out what it knows (so far) from the push for contract cuts
Wall Street’s questions to the CEO and chief financial officer of Big Blue centered on what the company sees in the shorter-term. Should the trend line continue for more cuts, their conversation with investors is poised to shift in another direction. Few companies, if any, can claim complete immunity from the heightened spotlight and scrutiny on […]
Trump’s first 100 days: Navigating the new contracting landscape
Join industry practitioners for cocktails and insights on how the administration’s policies are reshaping the way government contractors operate. With President Trump is soon to wrap up his first 100 days in office, we are hosting a cocktails and conversations event to discuss the impact of the new administration on government contractors. April 29 is Trump’s […]
PCG-SMX joint venture wins $532M Navy IT contract
Work will support an ongoing business transformation initiative at a Navy research, development, test and evaluation infrastructure division. A small business joint venture owned by Perrygo Consulting Group and SMX has won a five-year, $532.1 million contract for IT enterprise engineering and hosting services to a major Navy air station. PCG-SMX JV will take on the […]
General Dynamics is ‘in the conversation’ to find more contract savings
In talking with Wall Street, GD’s technologies segment leader Jason Aiken describes the ongoing dialogue with federal agencies on the future of contracting and how they see themselves as not “strictly in the consulting business per se.” Many government agencies but especially the General Services Administration have been aggressively scrutinizing what the government says are the largest consulting […]
Beyond BD Intel: How government contractors are tripling win rates without changing their solution
Government contractors lose billions annually on contracts they should have won due to one simple, fixable mistake, writes BD expert Nic Coppings. We’ve all seen it happen. Perfect capture process. Solid gate reviews. Competitive pricing. Great Solution. Awesome Past Performance. And then, you don’t win the contract. Sarah, an experienced capture manager, was shocked by the […]
SAIC wins $55M Space Development Agency integration contract
SAIC will take on systems engineering and related support work for SDA’s emerging satellite network. Science Applications International Corp. has won a five-year, $55 million contract that designates it as lead program integrator for part of the Space Development Agency’s main satellite constellation. The contract tasks SAIC with systems engineering and related integration support activities to […]
Lockheed to acquire Amentum product unit for $360M
Amentum’s Rapid Solutions team manufactures communications and other tactical systems for national security programs. Lockheed Martin has agreed to acquire a product development business from Amentum for $360 million in cash to further build up Lockheed’s lineup of airborne and space technologies, among others. Known inside Amentum as Rapid Solutions, this business unit employs approximately 230 […]
Northrop takes $477M loss on B-21 to speed up production, cover materials costs
Anticipated losses on the stealth bomber’s first five production lots have now surpassed $2 billion. Northrop Grumman is taking a $477 million hit on its B-21 Raider program to fund changes that will allow it to build the new stealth bomber faster than the Pentagon has so far requested. The pre-tax charge, tied to the first […]
Leidos wins second chance at keeping $89B cancer research lab contract
The National Institutes of Health is asking for new proposals following the protest of the 25-year award to a University of California-led alliance. Leidos has received a second chance at a potential $89 billion contract to work with the Frederick National Laboratory for Cancer Research. The company held the contract for 25 years and first won it as the […]
Industry eyes ‘wicked hard’ Golden Dome space interceptor challenge
Defense companies are eager to stake claims in Trump’s Golden Dome vision. COLORADO SPRINGS, Colo.—As defense contractors await firm direction from the Pentagon on Golden Dome, executives say the technology already exists to start developing space-based interceptors capable of hitting missiles in their boost phase—but admit it’s no easy feat. “Golden Dome” surfaced in almost every […]