GovCon Wire

GovCon Wire is the leading source for the latest business news in the government contracting field. It delivers clear and concise updates on major contract awards, key executive changes, mergers and acquisitions, and financial performance of the industry's most important companies. With real-time updates, GovCon Wire ensures that you stay informed about the latest developments in the contracting sector as news unfolds.

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X-Bow Systems Ends Series B Funding Round With $105M From Lockheed Martin, Other Supporters

3 days ago | govconwire.com | Elodie Collins

X-Bow Systems announced that Lockheed Martin made a significant investment in the company during its recently concluded Series B funding round. The non-traditional producer of advanced manufactured solid rocket motors and defense technologies said Monday that it raised over $105 million.
BAE Systems Names Peder Jungck as Chief Innovation & Strategy Officer for I&S

4 days ago | govconwire.com | Elodie Collins

Peder Jungck, chair of Executive Mosaic's 4×24 Senior Intel Group, has assumed the responsibilities as chief innovation and strategy officer for the intelligence and security sector at BAE Systems. The executive confirmed his new role in a LinkedIn post Monday. As CSIO, he will oversee the I&S's delivery of IT, cybersecurity, intelligence analysis and systems integration services to customers in national security, defense and government sectors. Who is Peder Jungck?
Navy Awards NAVFAC Radiological Services Tasks to Six Companies Under $240M Contract

4 days ago | govconwire.com | Elodie Collins

The U.S. Navy has awarded spots under its $240 million firm-fixed price, multiple-award contract to six companies. Under the contract, the companies will to the Naval Facilities Engineering Systems Command, the Department of Defense said Thursday. Contract DetailsNAVFAC requires radiological services to support the investigative and remedial actions performed at environmentally contaminated sites across the command's entire area of responsibility.
Sev1Tech Books $262M Army Contract for Tactical Radio Systems Support

1 week ago | govconwire.com | Miles Jamison

has been awarded a five-year, $262 million contract by the U.S. Army's Program Executive Office, Command, Control and Communications Network for the procurement of tactical radio systems support.
CTC Appoints Danielle Bush Gerko as CISO

1 week ago | govconwire.com | Jane Edwards

Concurrent Technologies Corp. has promoted Danielle Bush Gerko, most recently cybersecurity operations manager, to the role of chief information security officer. In a LinkedIn post published Wednesday, Gerko also announced that she earned the Cybersecurity Maturity Model Certification, or CCMC, Assessor credential and the CCMC Lead CCA designation from The Cyber AB. In addition to her designation, she noted that CTC achieved the CMMC Level 2 certification.
Gretchen Clark Joins NSTXL as Chief Financial Officer

1 week ago | govconwire.com | Elodie Collins

NSTXL has welcomed Gretchen Clark as its new chief financial officer. Clark brings to the role a wealth of executive leadership experience, especially in the fields of finance, said the defense technology provider. Who is NSTXL's New CFO? The executive joined NSTXL from the Miami Waterkeeper, where she also served as CFO for over a year. Prior to Miami Waterkeeper, she led as director of laboratory services at LuminUltra Technologies, a provider of molecular biology diagnostics.
CACI, General Atomics & Viasat Book USSF Contracts for Enterprise Space Terminal Prototypes

1 week ago | govconwire.com | Miles Jamison

The United States Space Force's Space Systems Command has awarded contracts to , General Atomics and to develop the Enterprise Space Terminal Phase 2 prototypes. The SSC said Thursday the three companies will develop space laser communication terminal prototypes in Phase 2 of the $100 million EST program.
Quantum Tech Firm QCi Promotes Milan Begliarbekov, Pouya Dianat to New Leadership Roles

1 week ago | govconwire.com | Jane Edwards

Quantum Computing Inc. has promoted industry leaders Milan Begliarbekov and Pouya Dianat to chief operating officer and chief revenue officer, respectively. QCi said Thursday the leadership appointments seek to reflect the company's commitment to advancing the execution of its strategic initiatives across product development and commercial expansion efforts.
Amentum Q2 FY25 Pro Forma Revenues Up 1%; John Heller on Supporting National Security Priorities

1 week ago | govconwire.com | Jane Edwards

Amentum reported $3.5 billion in revenues during the second quarter of fiscal year 2025, up 1 percent on a pro forma basis driven by growth in the company's digital solutions segment. Q2 FY 2025 Financial ResultsIn an earnings release published Tuesday, the Chantilly, Virginia-based government technology company said that as of March 28, its total backlog was $44.8 billion, of which about $5.8 billion was funded.
BAE Systems' Florida Shipyard Wins $108.6M Contract for USS The Sullivans DSRA

1 week ago | govconwire.com | Elodie Collins

The U.S. Navy has awarded a firm-fixed-price contract valued at $108.6 million to BAE Systems to provide maintenance, modernization and repair services to the USS The Sullivans. The Fletcher-class destroyer will in Mayport, Florida, until March 2027, the Department of Defense said.