Category: News

L3Harris Launches 4th Business Segment as $4.7B Aerojet Rocketdyne Buy ClosesM&A Activity

L3Harris Launches 4th Business Segment as $4.7B Aerojet Rocketdyne Buy Closes

L3Harris Technologies (NYSE: LHX) has officially added a business segment upon the completion of the Melbourne, Florida-based aerospace and defense
Iridium Board OKs $400 Stock Repurchase; Matt Desch QuotedFinancial Reports

Iridium Board OKs $400 Stock Repurchase; Matt Desch Quoted

The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $400 million in
Air Force Adds 66 Vendors to $900M Multidomain Systems Development IDIQContract Awards

Air Force Adds 66 Vendors to $900M Multidomain Systems Development IDIQ

Sixty-six vendors have secured positions on a potential 10-year, $900 million contract to help the U.S. Air Force develop approaches
Booz Allen Posts 18% Growth in Fiscal 2024 Q1 Revenue; Horacio Rozanski on Achieving Multiyear TargetsFinancial Reports

Booz Allen Posts 18% Growth in Fiscal 2024 Q1 Revenue; Horacio Rozanski on Achieving Multiyear Targets

Booz Allen Hamilton (NYSE: BAH) saw its revenue jump 18 percent to $2.65 billion during the first quarter of fiscal
Noel Goldstein Promoted to Parsons Business Development VPExecutive Moves

Noel Goldstein Promoted to Parsons Business Development VP

Parsons (NYSE: PSN) has elevated Noel Goldstein, a 24-year government services industry veteran, from senior business development director to a
Pratt & Whitney’s F135 Engine Modernization Secures Senate Committee’s Full Funding SupportNews

Pratt & Whitney’s F135 Engine Modernization Secures Senate Committee’s Full Funding Support

The Senate Appropriations Committee has cleared a bipartisan bill that seeks to provide $497 million in funding to modernize the
State Department Posts Solicitation for $5B US Foreign Policy Support IDIQ VehicleContract Awards

State Department Posts Solicitation for $5B US Foreign Policy Support IDIQ Vehicle

The State Department has begun seeking proposals for a $5 billion multiple-award indefinite-delivery/indefinite-quantity contract vehicle to support U.S. foreign policy
David Thombs Appointed Deputy CTO, Tech Strategy VP at Antenna Research AssociatesExecutive Moves

David Thombs Appointed Deputy CTO, Tech Strategy VP at Antenna Research Associates

David Thombs, former chief strategy officer and executive vice president of strategy and business development at SI2 Technologies, has been
Crowley’s Government Arm Receives $480M Economic Adjustment Under TRANSCOM Logistics ContractContract Awards

Crowley’s Government Arm Receives $480M Economic Adjustment Under TRANSCOM Logistics Contract

Crowley‘s government services business will continue to coordinate surface freight shipping operations for Department of Defense activities within the North
Navy Selects 10 Companies for $400M NAVFAC Northwest Construction Support IDIQContract Awards

Navy Selects 10 Companies for $400M NAVFAC Northwest Construction Support IDIQ

Ten companies have won spots on a potential eight-year, $400 million U.S. Navy contract to carry out military construction projects