By Payam Pourkhomami, President & CEO of OSIbeyond Many defense contractors wonder if they can simply hire a provider to handle their CMMC compliance obligations from start to finish. It’s a natural question given the complexity of CMMC compliance and the fact that outsourcing has solved countless other business challenges. Howev...
Iridium Communications reported a 7 percent year-over-year increase in revenue to $226.9 million for the third quarter of 2025, reflecting continued growth in recurring service revenue and strong operational execution across its government and commercial businesses. In its earnings release published Thursday, the McLean, Virginia-based satelli...
The One Big Beautiful Bill Act, signed into law on July 4, delivers an unprecedented $190.6 billion to the Department of Homeland Security and its components—doubling DHS’ near-term resources and creating one of the most expansive multi-year acquisition runways in its history. Most of the money is available through fiscal 2029, set...
Lockheed Martin reported $18.6 billion in fiscal 2025 third-quarter sales, up 9 percent from $17.1 billion in the same period last year, a record backlog of $179 billion and Q3 net earnings of $1.6 billion, or $6.95 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said it returned...
AeroVironment is focused on rapidly ramping up the production of its Freedom Eagle kinetic counter-unmanned aircraft system missile to deliver it to the U.S. Army under a $95.9 million contract. The new award was secured through the Army Combat Capabilities Development Command Aviation & Missile Center Aviation & Missile Technology Consortiu...
Government shutdown. The phrase immediately raises essential questions for federal employees: Am I required to work? Will I get paid? If so, when? GovCon Wire is here to help. The distinction of which federal employees are required to work during a shutdown, and when they’ll get paid, comes down to whether their work is classified as...
RTX reported $22.5 billion in fiscal 2025 third-quarter sales, up 12 percent from the prior-year period and 13 percent organically, excluding divestitures. In an earnings release published Tuesday, the Arlington, Virginia-based aerospace and defense contractor said it recorded a total backlog of $251 billion, with $103 billion attributed to its defe...
Federal contracting offers businesses a unique path to stability, growth and purpose by partnering with one of the world’s largest and most reliable clients—the U.S. government. Each year, billions of dollars in federal contracts are awarded to companies of all sizes, fueling innovation, strengthening national infrastructure and supporting key i...
SRI International has secured a Defense Logistics Agency contract worth approximately $98.6 million contract to provide research and development support for DLA’s Advanced Microcircuit Emulation, or AME, program. According to a SAM.gov award notice published Monday, the indefinite-delivery, cost-plus-fixed-fee requirements contract has a five-...
Retired U.S. Air Force Gen. Glen VanHerck, the former commander of U.S. Northern Command and North American Aerospace Defense Command, is joining the advisory board of counter-drone technology company D-Fend Solutions, according to information received by GovCon Wire. “I am passionately committed to supporting and promoting the adoption of D-F...
