Category: News

Parsons CEO Carey Smith. Parsons has reported $1.62 billion in third quarter fiscal 2025 revenue.Financial Reports

Parsons Posts $1.62B in Q3 2025 Revenue

Parsons reported $1.62 billion in third quarter fiscal 2025 revenue, down 10 percent year-over-year and 14 percent on an organic basis.
HighPoint Digital President Mike Spagna. Mike Spagna has been appointed president at HighPoint Digital.Executive Moves

Mike Spagna Named HighPoint Digital President

Mike Spagna has been promoted to president of HighPoint Digital. The Indianapolis-based IT and customer experience services provider said Spagna assumes the
Mergers and acquisitions. Google secured DOJ approval to acquire cloud security company Wiz.Cloud

DOJ Clears Google’s $32B Acquisition of Wiz

Google has secured clearance from the Department of Justice to pursue its acquisition of cloud security company Wiz for approximately
US Navy logo. The US Navy has released a solicitation for unmanned maritime systems support.Acquisition & Procurement

US Navy Seeks Bids for $349M Unmanned Maritime Systems Support Contract

The U.S. Navy has released a solicitation for a potential $349.4 million indefinite-delivery/indefinite-quantity contract to provide engineering and technical support
Dave Gerry, CEO of Bugcrowd. Gerry comments about Bugcrowd's acquisition of Mayhem SecurityCybersecurity

Bugcrowd Boosts Security Testing Capabilities Through Mayhem Security Acquisition

Bugcrowd has acquired Mayhem Security, a provider of artificial intelligence-enabled offensive security tools and services. Following the transaction’s completion, Bugcrowd
Tom Afferton. Peraton’s head of cyber mission sector commented on the Army NETCOM GCC cyber support contract.Contract Awards

Peraton Secures $196M Army Contract for NETCOM Global Cyber Center Support

Peraton has received a $196 million contract from the U.S. Army to provide operational and cybersecurity support for the Network
Jason Kim. The Firefly CEO SciTec's acquisition complements Firefly’s launch, lunar and in-space vehicle offerings.M&A Activity

Firefly Aerospace Completes $855M Acquisition of SciTec

Firefly Aerospace has finalized its $855 million acquisition of national security technology company SciTec, combining cash and stock as payment
Jean Stack and John Song, managing directors at Baird, discuss the upcoming 2025 edition of their annual conference.Events

Baird’s 2025 Defense & Government Conference to Spotlight Innovation, Market Momentum & Wash100 Leaders

Baird will host its annual Defense & Government Conference on Tuesday, Nov. 18, from 7 a.m. to 7 p.m. at
Thomas Bell. The Leidos CEO highlighted defense systems performance, Golden Dome and M&A strategy under NorthStar 2030.Financial Reports

Leidos Q3 Revenue Up 7%; Thomas Bell on Defense Systems Business, Golden Dome

Leidos reported record third-quarter revenue of $4.47 billion for fiscal year 2025, up 7 percent from the prior-year period, and
Darktrace's logo. Darktrace has recruited Suman Raju and Hein HellemonsExecutive Moves

Darktrace Adds Suman Raju, Hein Hellemons to Executive Committee

Darktrace is expanding its executive committee with the appointments of Suman Raju as chief financial officer and Hein Hellemons as chief revenue