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General Dynamics’ (NYSE: GD) land systems business will supply M1 Abrams tank sight units with containers to the U.S. Army under a maximum $99.9 million firm-fixed-price, indefinite-delivery/definite-quantity contract from the Defense Logistics Agency. The Department of Defense said Monday General Dynamics Land Systems will conduct contract work i...
Booz Allen Hamilton (NYSE: BAH) said its move to acquire cybersecurity firm EverWatch would allow it to secure “billions of dollars” worth of contracts and compete with rival contractors such as Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX), Defense News reported Monday. In March, Booz Allen agreed to buy EverWatch as part of...
ManTech International (Nasdaq: MANT) has secured a five-year, $184 million contract to help the U.S. Navy engineer ship combat management systems. The company said Wednesday it will perform technical engineering work to support the Naval Sea Systems Command in managing the life cycle of integrated warfare systems for the branch’s surface vesse...
Justin DePalmo, a more than 15-year cybersecurity professional in the aerospace and defense industry, has been appointed chief information security officer of General Dynamics’ (NYSE: GD) information technology business. He will oversee cyberthreat intelligence, incident response, risk mitigation, cyber compliance, vulnerability management, traini...
Leidos (NYSE: LDOS) recorded fiscal 2022 second quarter revenue of $3.60 billion, up 4 percent from the same period a year ago. The Reston, Virginia-based company said net income for the quarter rose to $172 million or $1.24 per share and total backlog as of June 30 was $34.7 billion with $7.5 billion funded. All...
5G, the fifth generation of wireless networking, shook the communications world when it was deployed in 2019. With increased bandwidth, faster speeds and lower latency, 5G opened a new world of connectivity across a wide range of mission areas for the federal government. Now, the intelligence community is eyeing 5G capabilities, and industry leader...
Booz Allen Hamilton (NYSE: BAH) recorded a 13.1 percent jump in sales for the first quarter of its 2023 fiscal year to $2.25 billion and attributed the revenue increase primarily to a 28 percent growth in its civil business. The McLean, Virginia-based technology and management consulting services contractor said Friday net income attributable to com...
Mike Twyman, former president of Cubic‘s mission solutions business and previous Wash100 Award recipient, has joined financial advisory firm FON as entrepreneur-in-residence. FON said Monday Twyman will drive the creation and implementation of business strategies to advance organic and inorganic growth for its segment focused on command, contr...
ExecutiveBiz featured James Gordon, CEO of DRT Strategies and a 2022 Wash100 Award recipient, in its most recent Executive Spotlight interview published Monday. He talked about his move to DRT Strategies and his goal to expand the company on multiple fronts: customer base, products and services, brand and workforce. Gordon also discussed how D...
General Dynamics (NYSE: GD) logged a $766 million profit for the second quarter of its 2022 fiscal year and $9.2 billion in revenue, figures respectively 3.9 percent higher and relatively flat compared to the same period last year. The Reston, Virginia-based defense contractor said Wednesday earnings totaled $2.27 per share, up 5.4 percent from the...
