Rare earth elements are some of the most indispensable materials in modern technology. These 17 elements from the periodic table, such as gadolinium, praseodymium and lanthanum, play critical roles in national security weapon systems while spanning many sectors of the global economy, including IT, transportation and telecommunications. Because ...
RTX reported $21.6 billion in sales during the second quarter of 2025, marking a nine percent year-over-year growth. Q2 2025 Highlights In an earnings statement published Tuesday, the aerospace and defense company reported a backlog of $236 billion at the end of the quarter, up 15 percent compared to the same period in 2024. This...
A Northrop Grumman business has received a potential five-year, $495 million contract from the U.S. Air Force to provide technical representative engineering support for major defense programs. Hear experts discuss the air and space branches’ latest contracting opportunities, tech advancements and more at the Potomac Officers Club’s 2025...
CACI has published a moving eulogy to Michael Daniels, its former chairman and longtime supporter who passed away last week. The obituary highlights Daniels’ decades of involvement with the company, which dates back to the 1970s when he first joined and was reinvigorated when he was added to the board of directors in 2013 and named chairman...
AECOM has received three contracts worth more than $400 million combined from the U.S. Army Corps of Engineers, or USACE, Honolulu District to provide modernization support for critical infrastructure across the Pacific region. USACE Architect-Engineer IDIQ Contracts The company said Monday the indefinite-delivery/indefinite-quantity contracts will ...
Lockheed Martin reported $18.2 billion fiscal 2025 second-quarter sales, a total backlog of $166.5 billion and Q2 net earnings of $342 million, or $1.46 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said its cash from operations was $201 million during the second quarter of 2025, d...
The U.S. Navy has awarded Northrop Grumman a $140.8 million modification to a contract the company secured in 2018 for the E-2D Advanced Hawkeye program. Join the 2025 Navy Summit, where top-tier Navy experts will explore innovative solutions, forge strategic partnerships and shape the future of naval operations. The latest modification a...
By Chris Burton, executive vice president of experiences and design at Sign In Solutions For government contractors, the stakes are astronomically high when it comes to securing their buildings and the people within them, along with their digital infrastructure and the data stored there. A breach could mean lost intellectual property, costly operati...
Booz Allen Hamilton has increased to $300 million its capital commitment to its venture capital arm as part of efforts to drive U.S. innovation through investments in early-stage technology companies with tech capabilities that could transform U.S. government missions. The company said Monday it expects Booz Allen Ventures to make 20 to 25 new inves...
The Department of State has cleared Bulgaria’s request to purchase Naval Strike Missile Coastal Defense System and related equipment for $620 million, with Kongsberg Defence & Aerospace as the principal contractor. The potential foreign military sale includes three Link-16 Multifunctional Information Distribution System-Joint Tactical Radi...
