Backlog hit an all-time high of $230 billion, up about $64 billion year over year Quarterly sales climbed 11 percent to $20.1 billion Lockheed now sees full-year sales of $79.75 billion to $81.75 billion, an 8 percent midpoint jump from prior 5 percent guidance Lockheed Martin has raised its full-year 2026 guidance after posting second-quarter...
By Chris Crowder, executive vice president, GovCon, Unanet If you have been in this business for more than a few years, you know what July means. The federal fiscal year does not end until September 30, but agencies are already looking at what remains in the budget, what can still move and which contractors are ready to...
The Genesis Mission now spans 15-plus agencies, anchored by DOE’s American Science and Security Platform The challenges involve healthcare, energy, infrastructure and national security issues The news builds on earlier steps, including a $1 billion DOE-Japan partnership in June The White House has announced more than $5 billion in federal comm...
Service revenue rose 4 percent and made up 72 percent of the quarterly total Net income slipped to $9.7 million from $22 million a year earlier Iridium will not hold earnings calls or issue guidance while its roughly $8 billion Rocket Lab acquisition is pending Iridium Communications reported second-quarter revenue of $225.2 million, up 4...
By Kevin Plexico, Deltek senior vice president of information solutions, a seven-time Wash100 awardee and a GovCon Expert The government contracting, or GovCon, industry is at a crossroads. Contractors are pursuing growth, embracing new technologies and driving innovation while facing increasing pressure on margins, compliance requirements and ...
Capitol Meridian Partners has closed its second fund at $1.9 billion, exceeding its $1.2 billion target Private equity investment in U.S. aerospace and defense companies more than doubled in 2025 The firm focuses on companies in national security, commercial aviation and government services Capitol Meridian Partners, founded by former Carlyle Group ...
Michael DeBernardis, a former partner at Hughes Hubbard & Reed, has been chosen as the vice president and chief counsel of HII Mission Technologies DeBernardis has nearly 20 years of legal experience under his belt HII Mission Technologies President Andy Green said that DeBernardis’ expertise will be useful in HII’s strategy to expan...
The Air Force has several active contract opportunities to support missions, ranging from missile defense to AI C2 The service is also increasingly using non-traditional contracting pathways to accelerate acquisition timelines Discover more contract opportunities at the 2026 Air and Space Summit on July 30! The U.S. Air Force is ramping u...
The Coast Guard plans a potential $100 million IT services contract for custom and legacy applications The Stew Sustainment Call will support application development, modernization and sustainment across enterprise information systems The contract will cover cybersecurity remediation, system enhancements, new development and end-of-life activities T...
AeroVironment will deliver 82 P550 eVTOL drones to the U.S. Army under a $117.3 million contract The award marks the system’s first full-rate procurement for the Army’s Battalion Reconnaissance effort The autonomous Group 2 aircraft supports long-range reconnaissance and multi-domain missions AeroVironment has secured a $117.3 million U....
