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Boeing (NYSE: BA) has received a $2.25 billion contract modification to produce 15 additional KC-46A tankers for the U.S. Air Force. The award for the ninth aircraft production lot under a previously awarded contract covers licenses, data and subscriptions, the Department of Defense said Friday. Work under the contract option will occur in Seattle t...
Aidan Fitzgerald, former vice president of finance for the national security and space sector at Science Applications International Corp. (NYSE: SAIC), has been appointed to the same position at Ball Aerospace. His appointment is effective Feb. 3 and he will succeed Alison Medbery, who will retire from Ball Aerospace after a 27-year career, th...
L3Harris Technologies (NYSE: LHX) recorded $4.6 billion in revenue for the fourth quarter of 2022, up 5 percent from the prior-year period and 6 percent on an organic basis, and attributed the growth to the company’s communications systems and space and airborne systems segments. The Melbourne, Florida-based defense contractor said Thursday its fu...
Photo from Skanska USA Official Website Skanska USA is among the largest and most secure companies specializing in building and development in the United States. The corporation also operates globally, mainly in North America and Europe, and constructs public infrastructure, commercial structures, and public-private establishments. Here are the top ...
Northrop Grumman (NYSE: NOC) reported $10 billion in revenue for the fourth quarter of 2022, up 16 percent from $8.6 billion in the prior-year period, and a 3 percent increase in organic sales for the full year ended Dec. 31. The Falls Church, Virginia-based aerospace and defense contractor said Thursday the sales growth was driven...
CACI International (NYSE: CACI) saw its fiscal year 2023 second quarter revenue rise 11 percent to $1.65 billion and attributed the increase to a 6 percent organic growth and recently completed acquisitions. The Reston, Virginia-based government technology services contractor said Wednesday total backlog at the end of December was $26.5 billion, of ...
Many prognosticators and pundits have speculated that we have moved past the Information Age to a new phase of life and society dictated even more by technological advancements. Some call it the IoT, or Internet of Things Era and others consider it the Artificial Intelligence Era. Whichever moniker ends up sticking, there is no doubt that...
Boeing (NYSE: BA) reported a $6.2 billion revenue from its defense, space and security business for the fourth quarter of 2022, compared with the $5.8 billion posted in the same period a year ago. The BDS organization posted a 5 percent growth year-on-year, bringing its annual sales to $23.1 billion, according to Q4 2022 financial...
The General Services Administration is calling for industry nominations to a new committee that will be tasked with advising federal agencies on cloud adoption and security matters. Interested private sector professionals have until Feb. 9 to nominate themselves to become part of the 15-member Federal Secure Cloud Advisory Committee, the agency said...
A Textron (NYSE: TXT) subsidiary will manufacture up to 64 multi-engine training systems to replace the U.S. Navy’s T-44C Pegasus trainer platform under a potential $677.2 million contract. Naval Air Systems Command said Wednesday the branch initially ordered 10 aircraft for approximately $113.1 million through the firm-fixed-price c...
