President Donald Trump has directed the Department of Defense (DoD) to immediately resume nuclear weapons testing, ending a moratorium the U.S. upheld since 1992. Announcing the decision, the President cited escalating global nuclear programs, emphasizing the U.S. must test its arsenal on an “equal basis” with other major powers. This executive mandate instantly creates a…
Welcome back to The GovCon News Weekly Brief, where we break down the biggest deals, leadership changes, and strategic shifts shaping the government contracting landscape. This week’s headlines? Think billions raised, record revenues, and AI taking the wheel. Let’s dive in. 💰 Arlington Capital Partners Closes $6 Billion Fund VII Private equity just made…
Leidos executed a key strategic move by signing a definitive agreement to divest Varec, its wholly-owned subsidiary specializing in automated fuel management. An undisclosed buyer will acquire Varec for an undisclosed sum, with the transaction expected to finalize during the fourth quarter of 2025, subject to customary closing conditions. This divestiture directly supports Leidos’ ongoing…
American Rheinmetall appointed Mike Milner as Chief Executive Officer of its munitions business and named Chris Haag as Vice President for business development and strategy. The defense firm executed these appointments to strengthen the company’s crucial presence across the North American market. Milner immediately assumes leadership of the munitions division, bringing more than 35 years…
Guidehouse appointed Ron White, a veteran leader in enterprise technology and digital transformation, as its new Chief Information Officer (CIO). This executive move emphasizes the professional services firm’s significant and expanded investment in artificial intelligence (AI) to empower its workforce and deliver measurable outcomes for federal and commercial customers. White immediately assumes control of internal…
HII, the nation’s largest military shipbuilder and defense services provider, achieved a record-breaking financial performance in the third quarter of fiscal year 2025. The company reported a total revenue of $3.2 billion, representing a strong 16 percent increase year-over-year. This performance significantly surpassed analyst expectations of $2.96 billion. The financial success was directly reflected in…
BWX Technologies, Inc. (BWXT) secured a significant contract worth approximately $174 million from the U.S. Naval Nuclear Propulsion Program for the manufacture of naval nuclear reactor fuel. This essential award reaffirms BWXT’s critical role in maintaining national security and powering the nation’s nuclear-powered fleet. The contract, officially awarded on September 10, 2025, directs BWXT’s subsidiary,…
Arlington Capital Partners secures a monumental $6 billion for its newest investment vehicle, Arlington Capital Partners VII. The private equity firm rapidly closed the fund, exceeding its $4.75 billion target and hitting its hard cap in less than five months. This successful oversubscription marks a 57 percent increase from its predecessor fund. Fund VII will…
XTec Inc. secured a potential $177.2 million task order from the General Services Administration (GSA) to modernize and manage the government-wide credentialing service known as USAccess. This critical 10-year contract positions XTec to steer the federal identity program into its next generation, officially dubbed the HSPD-12 Core Service Next Generation USAccess 2.0. The modernization effort…
The General Services Administration (GSA) officially selected McGough Construction for a significant design-build contract valued at approximately $106.2 million. The St. Paul, Minnesota-based firm now leads the critical modernization effort for the Grand Portage Land Port of Entry (LPOE), a vital crossing situated on the U.S.-Canada border within the Grand Portage Indian Reservation. McGough will…