Category: Industry News

Sean Woodward, EVP and CFO at AV. Woodward will officially assume new responsibilities as EVP and CFO of AV in MayExecutive Moves

AeroVironment Names Sean Woodward as EVP, CFO

AeroVironment has selected Sean Woodward as executive vice president and chief financial officer, effective May 1. Woodward succeeds Kevin McDonnell,
Radiance Technologies logo. Radiance will modernize the Reagan Test RangeAcquisition & Procurement

Radiance Technologies Secures $150M DLA Contract to Modernize Reagan Test Range

Radiance Technologies has secured a cost-plus-fixed-fee contract valued at $149.7 million from the Defense Logistics Agency to upgrade and modernize
Jim Reagan, CEO of SAIC. Reagan commented about SAIC's fiscal year 2026 financial reportFinancial Reports

SAIC Logs $7.3B Revenue for FY26, Issues FY27 Guidance

SAIC has reported fourth-quarter revenues of $1.75 billion and full fiscal year 2026 revenues of $7.26 billion. In the company’s
H. Lawrence Culp Jr., chairman and CEO of GE Aerospace. Culp commented about GE Aerospace's $1 billion investmentIndustry News

GE Aerospace Announces $1B Investment to Boost Engine Production, Strengthen DIB

GE Aerospace said Monday that it will invest another $1 billion in U.S. manufacturing facilities and its supplier base to
HII logo. HII reported increased 2025 revenue and free cash flow.Industry News

HII Posts Over 8 Percent Revenue Growth in 2025, Targets Higher Shipbuilding Throughput in 2026

HII reported $12.5 billion in 2025 revenue, an 8.2 percent increase over the prior year, fueled by surging shipbuilding volume
RTX logo. RTX posted double-digit sales growth in 2025.Industry News

RTX Posts Double-Digit Growth in 2025, Projects Higher Sales & Cash Flow in 2026

RTX reported higher sales, earnings and free cash flow for full-year 2025 and issued a 2026 outlook projecting continued growth,
Horacio Rozanski, chair, president and CEO of Booz Allen Hamilton. Rozanski revealed strong demands across various businessesFinancial Reports

Booz Allen Hamilton Reports $2.6B Revenue, $38B in Backlog for Fiscal 2026 Q3

Booz Allen Hamilton has reported $2.6 billion in revenue, a 10.2 percent year-over-year decline, and a record backlog of $38
Rick Tossaveinen, CEO of Dark Wolf. Tossaveinen comments about company restructuringCybersecurity

Dark Wolf Introduces 4 New Practice Areas, Adds BrickStor Storage to Portfolio

Dark Wolf Solutions is reorganizing its operations and expanding its offerings to better support defense and intelligence missions and address
Castelion's logo. Castelion closed its series B funding roundIndustry News

Castelion Raises $350M in Series B Funding Round to Advance Hypersonic Weapon Development

Castelion, a defense technology company, has secured $350 million in Series B financing to support the development of its first
David J. Shaw of FTC's Bureau of Competition. Shaw explained the FTC's order for Boeing to divest Spirit assetsIndustry News

FTC Requires Divestitures to Clear Boeing’s Spirit Acquisition

The Federal Trade Commission has proposed that Boeing divest Spirit AeroSystems assets to resolve antitrust concerns over the companies’ planned