Navy Launches $349M Bid for Unmanned Maritime Systems Support

Navy Launches $349M Bid for Unmanned Maritime Systems Support

GovCon UpdatesLeave a comment

The U.S. Navy is seeking bids for a potential $349.4 million contract to provide comprehensive engineering and technical services for its growing unmanned maritime systems (UMS) fleet. The service released a solicitation for an indefinite-delivery/indefinite-quantity (IDIQ), multiple-award contract, which will utilize a cost-plus-fixed-fee (CPFF) structure. Empowering Unmanned Fleet Operations The Naval Information Warfare Center Pacific…

Bugcrowd Acquires Mayhem to Boost AI Cyber Testing

Bugcrowd Acquires Mayhem to Boost AI Cyber Testing

GovCon UpdatesLeave a comment

Bugcrowd significantly expanded its security testing portfolio by acquiring Mayhem Security, a company specializing in artificial intelligence-enabled offensive security tools. This strategic move directly addresses the growing demand within the government contracting sector for faster, more comprehensive vulnerability detection and remediation capabilities. Integrating AI and Human Ingenuity The combined entity will immediately launch an AI-powered,…

Firefly Aerospace Acquires SciTec in $855M Deal

Firefly Aerospace Acquires SciTec in $855M Deal

GovCon UpdatesLeave a comment

Firefly Aerospace finalized its $855 million acquisition of national security technology company SciTec, dramatically expanding its capabilities for space and defense missions. The deal, paid through a combination of cash and stock, immediately positions Firefly to deliver enhanced launch, ground, and in-orbit mission services to critical national security customers. Strengthening National Security Technology The strategic…

Baird Defense Conference Spotlights Tech, Capital Market Convergence

Baird Defense Conference Spotlights Tech, Capital Market Convergence

GovCon UpdatesLeave a comment

Baird will host its annual Defense & Government Conference on Tuesday, November 18, uniting senior executives, investors, and government leaders for a full day of dynamic discussion at the Ritz-Carlton, Tysons Corner in Virginia. The 2025 event, themed “Innovation, Mission, and Capital Market Convergence,” will spotlight the critical intersection where cutting-edge defense and government technology…

Leidos Q3 Revenue Up 7%; CEO Highlights Defense Systems & Golden Dome

Leidos Q3 Revenue Up 7%; CEO Highlights Defense Systems & Golden Dome

GovCon UpdatesLeave a comment

Leidos reported a record third-quarter revenue of $4.47 billion for fiscal year 2025, marking a 7 percent increase from the previous year. Strong customer demand for innovative products supporting critical defense and national security missions drove this impressive performance. The company also announced Q3 net income of $369 million, representing a 2 percent year-over-year jump.…

Darktrace Appoints Raju as CFO, Hellemons as CRO

Darktrace Appoints Raju as CFO, Hellemons as CRO

GovCon UpdatesLeave a comment

Cybersecurity firm Darktrace is significantly bolstering its executive leadership by appointing Suman Raju as Chief Financial Officer and Hein Hellemons as Chief Revenue Officer. This strategic move aims to leverage the new executives’ deep industry expertise as the company focuses on scaling its operations and accelerating its transformation initiatives. CEO Jill Popelka expressed enthusiasm for…

Seekr Appoints Lloyd Cope as Chief Revenue Officer

Seekr Appoints Lloyd Cope as Chief Revenue Officer

GovCon UpdatesLeave a comment

Seekr Technologies recently named industry leader Lloyd Cope Chief Revenue Officer (CRO), positioning the former Palantir executive to spearhead the company’s global expansion in the government technology sector. Cope brings deep expertise in enterprise and defense-focused artificial intelligence (AI) technologies, making him a critical addition as Seekr accelerates its mission in mission-critical environments. Driving Global…

Tammy Schmidt Leads Advanced Training Solutions at Cubic Defense

Tammy Schmidt Leads Advanced Training Solutions at Cubic Defense

GovCon UpdatesLeave a comment

Cubic Defense has named Tammy Schmidt Vice President and General Manager of Advanced Training Solutions (ATS), leveraging her extensive two decades of industry experience to drive strategic growth. Schmidt now directs the ATS division, focusing on enhancing the company’s critical training portfolio for the defense sector and solidifying its leadership in integrated training technologies. Her…