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KBR (NYSE: KBR) presented strong fourth quarter and full year 2023 results. In Q4 and full year, revenue increased 7.6 percent and 6 percent year-over-year to $1.73 billion and $6.95 billion. Besides reporting solid results, the provider of science, technology and engineering products and services to governments and industry clients shared its finan...

Executive Mosaic, the preeminent media, events and membership organization of the government contracting sector, is proud to announce the winners of the prestigious 2024 Wash100 Award. Each year, Executive Mosaic’s coveted Wash100 Award recognizes the most promising and outstanding executives to watch in the coming year. Read below for the full l...

Twelve organizations won spots on NASA's seven-year, $478 million Research, Engineering & Mission Integration Services-2 contract, or REMIS-2. The awardees will support the International Space Station Program from Jan. 12, 2024, to Sept. 30, 2030, with a two-year contract option period.On March 5, the Potomac Officers Club will host the 202...

Government contracting mergers and acquisitions deals are on the upswing after a year and a half of slow progress. That was one of the resounding themes of the 6th Annual Government and Defense Conference, hosted by Robert W. Baird & Co., at the Ritz-Carlton, Tysons Corner on Wednesday. Baird Managing Director and Wash100 Award winner&...

The U.S. Air Force plans to increase the ceiling amount of a potential eight-year, $2.6 billion contract for global engineering and construction support services by approximately $1.8 billion. Raising the ceiling value of the Worldwide Engineering and Construction indefinite-delivery/indefinite-quantity contract to $4.4 billion will cover the remain...

KBR (NYSE: KBR) delivered a strong and well-rounded performance in Q3 2023, and its president and CEO, Stuart Bradie, described the nine percent all organic at the revenue line as a terrific performance. In the three months that ended Sept. 29, 2023, revenue increased to $1.77 billion from $1.62 billion in Q3 2022.  The provider...

The U.S. Air Force plans to increase the ceiling value of a potential $6.4 billion multiple-award, indefinite-delivery/indefinite-quantity contract used to acquire natural disaster recovery, contingency and humanitarian support services to $15 billion. Increasing the ceiling amount of the Air Force Contract Augmentation Program V IDIQ contract will ...

Five companies have secured a $98 million contract modification on a potential eight-year, multiple-award contract vehicle for incidental facility construction services to the Naval Facilities Engineering Systems Command Pacific. The modification increases the ceiling value of the previously awarded indefinite-delivery/indefinite-quantity contract, ...