Category: News

Parsons Sees 23% Increase in Q2 2024 Revenue; Carey Smith, Matt Ofilos QuotedFinancial Reports

Parsons Sees 23% Increase in Q2 2024 Revenue; Carey Smith, Matt Ofilos Quoted

Parsons (NYSE: PSN) posted a record revenue of $1.7 billion during the second quarter of 2024, reflecting a year-over-year growth
Clear Ridge Secures $113M Contract for Marine Corps Cyberspace Operations SupportContract Awards

Clear Ridge Secures $113M Contract for Marine Corps Cyberspace Operations Support

Clear Ridge Defense, or CRD, has won a potential $113 million contract to support the cyberspace operations of various U.S.
Navy Seeks Offers for $940M Contract for MIDS WDL SF2 Radio ProductionContract Awards

Navy Seeks Offers for $940M Contract for MIDS WDL SF2 Radio Production

The U.S. Navy has started soliciting proposals for a potential $939.6 million multiple-award contract to develop and produce Multifunctional Information
State Department Clears Slovakia’s $600M FMS Request for Attack HelicoptersNews

State Department Clears Slovakia’s $600M FMS Request for Attack Helicopters

The State Department has approved a potential $600 million foreign military sales agreement with the government of Slovakia to buy
TransDigm Wraps Up Acquisition of Raptor ScientificM&A Activity

TransDigm Wraps Up Acquisition of Raptor Scientific

TransDigm Group (NYSE: TDG) has finalized its acquisition of Raptor Scientific for approximately $655 million in cash. The Cleveland, Ohio-based
Rob Spalding Talks 5G Use Cases & Innovation in the US NavyNews

Rob Spalding Talks 5G Use Cases & Innovation in the US Navy

5G is transforming communications around the world. But is the U.S. keeping up with adversaries in this critical technology area?
CGI Federal to Buy Enlightenment Capital-Backed Aeyon; Stephanie Mango, Sunny Singh QuotedM&A Activity

CGI Federal to Buy Enlightenment Capital-Backed Aeyon; Stephanie Mango, Sunny Singh Quoted

CGI’s (NYSE: GIB) U.S. government arm has agreed to acquire Aeyon to expand its portfolio of technology offerings and relationships
Ron Keesing Promoted to Leidos Chief AI OfficerExecutive Moves

Ron Keesing Promoted to Leidos Chief AI Officer

Leidos (NYDE: LDOS) has elevated Ron Keesing to the role of chief artificial intelligence officer, responsible for driving strategic company
Parsons Strikes $200M Deal for BlackSignal Technologies; Carey Smith QuotedM&A Activity

Parsons Strikes $200M Deal for BlackSignal Technologies; Carey Smith Quoted

Parsons (NYSE: PSN) has agreed to buy BlackSignal Technologies for approximately $200 million to broaden its cybersecurity, artificial intelligence and
Air Force Awards 67 Spots on $975M Contract to Support Rapid Sustainment OfficeContract Awards

Air Force Awards 67 Spots on $975M Contract to Support Rapid Sustainment Office

The U.S. Air Force has awarded 67 companies positions on a potential nine-year, $975 million contract to help the Air