Booz Allen Hamilton has reported $2.6 billion in revenue, a 10.2 percent year-over-year decline, and a record backlog of $38 billion for the third quarter of fiscal year 2026. The company said Friday that it is also adjusting its revenue guidance for the full 2026 to $11.3 billion to $11.4 billion, a slight decrease from...
Emil Michael’s influence over the Pentagon’s technology and innovation enterprise has expanded rapidly in recent months, placing him at the center of major reforms shaping how defense research moves from concept to operational capability. Michael, the under secretary of war for research and engineering, is set to deliver keynote remarks ...
Tetra Tech has acquired Halvik, a federal IT services and advisory consulting firm, for an undisclosed sum as part of a push to expand its data analytics, artificial intelligence and enterprise technology services for U.S. defense and civilian agencies. Pasadena, California-based Tetra Tech said Thursday Halvik will become part of the company’...
Claroty has secured $150 million in a Series F funding round to support global expansion and continued development of its cyber-physical systems, or CPS, security platform as demand grows for critical infrastructure environment protection. The Series F round was led by Golub Growth, with additional participation from existing investors of up to $50 ...
BAE Systems has been awarded a $473 million contract from the U.S. Army for the procurement of M109A7 Paladin self-propelled howitzer sets. Learn how the U.S. Army is reshaping contracting under its 2030 transformation initiative at the Potomac Officers Club’s 2026 Army Summit on June 18, where senior officials and GovCon experts will sha...
Honeywell has introduced the executives who will lead Honeywell Aerospace as it transforms into an independent, publicly traded company providing mission-critical systems to commercial and defense customers. Honeywell said Tuesday that Josh Jepsen, an executive at Deere & Co., will join Honeywell Aerospace as chief financial officer in February....
Microsoft has secured a $170.4 million task order to continue supporting the Cloud One program, a cornerstone of the Department of the Air Force’s enterprise cloud strategy. What Does Microsoft’s Cloud One Task Order Cover? The firm-fixed-price task order, issued by the U.S. Air Force Life Cycle Management Center as a sole-source award, ...
The funds allotted by President Donald Trump’s reconciliation package last summer, dubbed the One Big Beautiful Bill Act, famously poured record amounts into the Department of Homeland Security and its various sub-agencies. But an underdiscussed benefactor is the office responsible for 5G and futureG at the Department of War. In an exclusive i...
Claroty has appointed James Love, a cybersecurity industry veteran, as chief revenue officer. The recent appointment at Claroty highlights continued leadership movement across the cybersecurity sector. That evolving landscape will be top of mind for many leaders gathering at the Potomac Officers Club’s 2026 Cybersecurity Summit on May 21. Regi...
Some Chinese artificial intelligence developers said China’s efforts to catch up with the U.S. in AI are being slowed by a bottleneck in access to advanced chips, The Wall Street Journal reported Thursday. As U.S. policy continues to shape the direction of AI at home and abroad, industry and government stakeholders are watching closely how...
