Category: Department of War

Air Force Lays Out Priorities With Expected FY 2027 Budget BoostArticles

Air Force Lays Out Priorities With Expected FY 2027 Budget Boost

The Air Force has three priorities for its expected FY 2027 budget boost, Gen. John Lamontagne told the 2026 Air…
TENICA logo. McNally Capital has made a majority investment in TENICA Global Solutions.Department of War

McNally Invests in National Security IT Support Provider TENICA

McNally Capital has made a majority investment in TENICA Global Solutions TENICA will continue operating under its existing leadership team
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
Peraton logo. Peraton has received a $109.1 million Space Force contract for SWAFS sustainment and modernization support.Contract Awards

Peraton Lands $109M Space Force Weather System Maintenance Contract

Peraton has received a $109.1 million contract from the U.S. Space Force to continue providing maintenance support for the Space
Chris Kastner. The HII CEO commented on the company's Q2 fiscal 2026 financial results and operational initiatives.Contract Awards

HII Reports 10.9% Growth in Q2 2026 Revenue

HII posted $3.4 billion in fiscal 2026 second-quarter revenue The company logged $6.7 billion in new contract awards, bringing total
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
Defense Health Agency seal. DHA has awarded 12 companies spots on the PEO DHMS deployment support contract.Contract Awards

DHA Selects 12 Firms for $300M Contract for PEO DHMS Deployment Support

Under the DHA contract, the 12 selected companies stand to share a combined $300 million to support PEO DHMS deployment
Roger Mason. The V2X CGO has been confirmed as director of the National Reconnaissance Office.Department of War

Senate Advances Roger Mason’s Nomination for NRO Director

The Senate has approved a resolution advancing Roger Mason’s NRO nomination Mason joined V2X in 2025 as chief growth officer
U.S. Space Force logo. The Space Force has awarded 15 spots on a $981 million space test and training support IDIQ contract.Contract Awards

Space Force Awards 15 Spots on $981M Space Test, Training Contract

Fifteen companies have secured spots on a Space Force IDIQ contract Contract performance is slated to run through July 2032
Carey Smith. The Parsons CEO commented on the company's Q2 2026 financial results and federal contract wins.Contract Awards

Parsons Reports $1.6B in Q2 2026 Revenue, $9.3B Backlog

Parsons has posted $1.6 billion in Q2 2026 revenue with a 1.2x book-to-bill ratio Parsons CEO Carey Smith highlighted defense