Relevant news in the defense area
Merger and Acquisition deal value in the defence sector was up to $8bn in Q1 of 2024, 55% higher than Q1 2023.
Source: https://www.army-technology.com/news/in-data-defence-ma-deals-up-55-in-q1-2024/
Date: May 2, 2024
Smaller businesses are offering easier targets, jeopardizing national security and supplier capabilities.
Date: July 01, 2024
Zack Hester of Bluestone Investment Partners explains why now is the right time for small and midsized companies to get involved in mergers and acquisitions.
Date: February 06, 2024
The aerospace and defense industry is poised for robust growth, with the market size expected to increase from $985.56 billion in 2024 to $1,234.42 billion
by 2028, growing at a compound annual growth rate (CAGR) of 5.8%. This expansion is driven by a combination of technological advancements,
increasing military expenditure, and the rising demand for both commercial and military aircraft.
Source: https://octanecdn.com/cfawcom/cfawcom_591349445.pdf
Date: Summer, 2024
The Federal Aviation Administration is developing a potential 15-year contract with AT&T to support the overhaul of the air traffic control system.
A 43-day funding lapse back in the fall is still costing the agency time — and forcing sole-source awards — as it works toward a follow-on competition for this support services contract.
The cash-and-stock agreement expands AEVEX beyond drones into surface and underwater autonomous systems.
Gen. Whiting adds to previous calls for new tech in his final speech to the SMD Symposium.
“This action is necessary to continue [electronic health record modernization] deployment activities and associated support services until all VA Medical Centers (VAMCs) and related facilities have fully transitioned to the EHR system,” the department said in a Sam.gov solicitation notice.
A new $244M Pentagon memo skips the Federal Acquisition Regulation's process for sole-source justifications and urges agencies to find ways to work with the company.
Closing the infrastructure industry's talent gap will determine which projects actually get built over the next decade, writes Brian Jordan, chief growth officer at GISI Consulting Group.
NASA is taking over more technical and operational work from contractors like Amentum, which laid out both the financial impacts of that to investors and explained where it still has plenty to do for this customer.
DCS' challenges to the Army's corrective action involving this $251.7 million task order are dismissed, but the opportunity to raise objections remains if the contract again goes to Amentum.
The senior executive has worked at AWS since 2017.
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