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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...
Michele Mintz Brown has been named senior vice president and general counsel of defense systems at Leidos. Mintz Brown announced her appointment in a LinkedIn post published Wednesday. Who Is Michele Mintz Brown? Brown brings nearly three decades of legal and compliance leadership experience to her new role. She has served at Leidos for ov...
By Warren Linscott, Chief Product Officer at Deltek In 2025, government contractors are navigating budget uncertainty, rising costs and tougher competition, while cybersecurity shifts from a “checkbox” to a core strategic priority. Small businesses, in particular, face mounting pressure from inflation, labor shortages and the rising cost of comp...
