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By Aparna Achanta, Principal Security Lead, IBM Risk management in organizations is more than a routine checkbox exercise. Instead, it is the foundation of business resilience. What is the impact of security risks? Failing to implement appropriate and proportionate security measures can result in data breaches, infrastructure lapses ...
Software company Elastic has appointed industry leaders Chris Townsend and Darryl Peek as global vice president of public sector and VP of partner sales for the U.S. public sector, respectively. Townsend and Peek announced their new leadership positions in separate LinkedIn posts. In addition to his role as global VP, Townsend will serve as presiden...
Leidos posted $4.2 billion in fiscal year 2025 first-quarter revenue, reflecting a 7 percent year-over-year increase, and attributed the revenue growth to increased demand across all customer segments. Q1 2025 Financial Highlights In an earnings release published Tuesday, the defense and IT services contractor said it ended the quarter with a total ...
Anduril Industries has entered into a definitive agreement to acquire Dublin, Ireland-based Klas, an engineering and design company specializing in edge computing and tactical communications. Boosting Autonomous Systems and Connected Warfare Anduril said Monday the planned acquisition aims to boost the defense technology company’s po...
Executive Mosaic CEO Jim Garrettson personally presented the 2025 Wash100 Award to Steve Escaravage, president of the defense technology group at Booz Allen Hamilton. The Wash100 Award is an annual celebration of the most significant and impactful executives transforming the government contracting sector, honoring these esteemed individuals since 20...
Rite-Solutions, a software development and systems engineering company, has secured a cost-plus-fixed fee Small Business Innovation Research Phase III contract from the U.S. Navy to support the service’s next-generation attack submarine program SSN(X) Combat Systems of the Future. The contract includes options that, if exercised, could increas...
David Broadbent spent over two decades at Raytheon, working across various divisions and sharpening his expertise in defense, space, intelligence and commercial cyber in a slew of leadership positions. Toward the end of his run at that company, Broadbent developed a strong interest in the space environment, and was appointed president of space syst...
Mercury Systems has finalized the acquisition of Star Lab, in line with efforts to continue advancing the company’s capabilities to deliver secure processing technologies to the aerospace and defense industries. Enhancing Cybersecurity Capabilities The Andover, Massachusetts-based technology company said Thursday Star Lab is now part...
HII reported revenue decline of 2.5 percent to $2.7 billion in the first quarter of 2025 compared to $2.8 billion during the same period in 2024. The company said Thursday that the slightly lower Q1 revenue is caused by decreased demand across Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies. Per Segment Revenue HII’s I...
The cybersecurity landscape is evolving at an unprecedented pace as technology continues to advance and cyber threats grow more sophisticated. GovCons are challenged to stay ahead by modern cybercriminals leveraging AI, ransomware and advanced phishing tactics. But these challenges present GovCons with business opportunities, according to one of the...
