Kristen Smith

416 Posts
Northrop Grumman logo. Northrop received a potential $606.5 million MSV-TASD task order from MDA.Contract Awards

Northrop Awarded Potential $607M MDA Simulation Task Order

The two-year base period runs $68.8 million, climbing to $606.5 million if all five one-year options are exercised MDA placed
Space-Eyes will go public through a merger with McKinley Acquisition.M&A Activity

Space-Eyes to Go Public in SPAC Merger Valuing Company at $638M

The merger implies a $638 million pro forma equity value and $370 million enterprise value for Space-Eyes The combined company
K2 Space logo. K2 Space raised $500 million in Series D funding at a $6.8 billion valuation.Contract Awards

K2 Space Hits $6.8B Valuation, Books Space Force Terminal Contract

Kleiner Perkins and ICONIQ led the round, joined by CapitalG, Lightspeed, ARK Invest and others The Space Force awarded K2
Todd Hughes. PCI Federal has appointed Todd Hughes as vice president of AI strategy and solutions.Executive Moves

PCI Federal Names Todd Hughes VP of AI Strategy & Solutions

Hughes will run PCI Federal’s AI practice and build out its advanced technology group His focus is moving agencies past
Phebe Novakovic. The General Dynamics CEO attributed the Q2 2026 financial results to faster execution.Financial Reports

General Dynamics Q2 2026 Revenue Rises 8.1 Percent to $14.1B, Backlog Hits $136.5B

Diluted EPS rose 13.4 percent to $4.24, with operating margin widening 40 basis points to 10.4 percent Aerospace led all
USCIS logo. USCIS is planning EGIS III, a follow-on contract valued between $50 million and $100 million.Acquisition & Procurement

USCIS Forecasts EGIS III Integration Recompete Worth Up to $100M

EGIS is the system linking USCIS internal applications to DHS, interagency and external partners USCIS wants EGIS III to expand
SpaceX logo. The Space Force awarded SpaceX two task orders totaling $1.6 billion for 18 Falcon 9 launches.Contract Awards

SpaceX Books $1.6B in Space Force Task Orders for 18 Falcon 9 Launches

The Falcon 9 launches will lift off from Vandenberg The missions will carry payloads for the Space Based Sensing and
DIU logo. DIU opened the SWAP-USV prize challenge to seek USVs capable of carrying and launching attack drones.Acquisition & Procurement

DIU Opens $100M Challenge for Drone-Carrying Unmanned Surface Vessels

Each entry must pair a mature unmanned surface vessel with at least two drones able to strike and return a
Jay Clayton. The Senate confirmed Jay Clayton as director of national intelligence in a 51-47 vote.DOD

Jay Clayton Confirmed as Director of National Intelligence

The Senate confirmed Clayton on a 51-47 party-line vote He comes from the U.S. attorney post in Manhattan and previously
Bell Textron logo. Bell received a $300 million Navy contract for Marine Corps H-1 SPINE upgrades.Contract Awards

Bell Lands $300M Navy Contract for Marine Corps H-1 SPINE Upgrades

The SPINE program covers 49 aircraft — 28 AH-1Z Vipers and 21 UH-1Y Venoms — with modifications starting at Bell’s