Pratt & Whitney, a United Technologies Corp. (NYSE: UTX) subsidiary, has received a $317.8 million contract modification to maintain F119 engines for the U.S. Air Force. The Defense Department said Thursday the company is scheduled to complete work under the contract on Dec. 31. The Air Force uses F119 engines to power its F-22 Raptor aircr...
Helton will oversee infrastructure modernization, facilities, environmental health and safety, and security at the shipyard Helton arrives from HII’s Ingalls Shipbuilding division, where he played a key role in the yard’s recovery from Hurricane Katrina He begins his new role at NNS on Aug. 31 HII has appointed Chris Helton as vice presi...
Adjusted EPS rose 9 percent to $0.99, while operating income fell 11 percent on one-time costs tied to the planned MTS spinoff Backlog and options stood at $23 billion The MTS segment saw revenue slip 2 percent on the runoff of European Command contingency work KBR has posted second-quarter 2026 revenue of $2 billion, a...
Axonius Federal’s Brian Meyer has said full IT asset visibility could strengthen agency zero trust efforts Meyer highlights a platform that supports SIEM and CMDB tools Axonius offers more than 1,500 integrations for zero trust tools Brian “Stretch” Meyer, field chief technology officer at Axonius Federal Systems, said government a...
The two-year base period runs $68.8 million, climbing to $606.5 million if all five one-year options are exercised MDA placed the order through the Air Force’s Enterprise-Wide Agile Acquisition Contract Northrop will supply simulation and threat-modeling tools that could predict potential attack scenarios Northrop Grumman has received a task o...
HII posted $3.4 billion in fiscal 2026 second-quarter revenue The company logged $6.7 billion in new contract awards, bringing total backlog to $57.3 billion The 2026 Navy Summit will explore AI, shipbuilding, digital engineering and more HII reported $3.4 billion in fiscal 2026 second-quarter revenues, up 10.9 percent year-over-year, and ended the ...
Kleiner Perkins and ICONIQ led the round, joined by CapitalG, Lightspeed, ARK Invest and others The Space Force awarded K2 a $22.9 million contract for two Enterprise Space Terminals CEO Karan Kunjur said the raise positions K2 to build up to 100 large satellites a year Satellite manufacturer K2 Space closed a $500 million Series...
The all-cash transaction, valued at $450 million, is expected to close in the fourth quarter of 2026 pending regulatory approval Raft’s technology uses AI and open-architecture software to fuse data from multiple sources and support real-time decision-making The acquisition strengthens Leonardo DRS’ push into software-driven mission capa...
Diluted EPS rose 13.4 percent to $4.24, with operating margin widening 40 basis points to 10.4 percent Aerospace led all segments, posting 15.1 percent revenue growth as Gulfstream delivered 41 jets Backlog closed at $136.5 billion, up 32 percent year over year General Dynamics has reported second-quarter revenue of $14.1 billion, an 8.1 percent inc...
TrendAI VP Jon Clay has discussed how AI is reshaping cyber risk for agencies Clay points to Vision One and the Zero Day Initiative as core defense tools TrendAI backs sovereign private clouds and data centers for secure AI use Jon Clay, vice president of threat intelligence at TrendAI, a Trend Micro business unit, said...
