Booz Allen Hamilton reported $2.9 billion in revenue for the first quarter of fiscal year 2026. In an earnings release published Friday, the McLean, Virginia-based IT company said its revenue saw a slight dip of 0.6 percent year-over-year. However, the adjusted net income increased by 2.2 percent from the previous year. Meeting Company Expectations ...
By Payam Pourkhomami, President & CEO of OSIbeyond The Cybersecurity Maturity Model Certification program is a fundamental shift in how the Department of Defense approaches supply chain security. Once the 48 CFR rule of the Defense Federal Acquisition Regulation Supplement is amended to add CMMC requirements to DOD contracts, contractors across ...
Doug Wagoner, CEO of LMI, accepted the 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson. The annual Wash100 Award honors 100 of the top visionaries in government and government contracting. These distinguished leaders are selected for their significant contributions and continued role in redefining the industry. Doug i...
Rare earth elements are some of the most indispensable materials in modern technology. These 17 elements from the periodic table, such as gadolinium, praseodymium and lanthanum, play critical roles in national security weapon systems while spanning many sectors of the global economy, including IT, transportation and telecommunications. Because ...
RTX reported $21.6 billion in sales during the second quarter of 2025, marking a nine percent year-over-year growth. Q2 2025 Highlights In an earnings statement published Tuesday, the aerospace and defense company reported a backlog of $236 billion at the end of the quarter, up 15 percent compared to the same period in 2024. This...
A Northrop Grumman business has received a potential five-year, $495 million contract from the U.S. Air Force to provide technical representative engineering support for major defense programs. Hear experts discuss the air and space branches’ latest contracting opportunities, tech advancements and more at the Potomac Officers Club’s 2025...
CACI has published a moving eulogy to Michael Daniels, its former chairman and longtime supporter who passed away last week. The obituary highlights Daniels’ decades of involvement with the company, which dates back to the 1970s when he first joined and was reinvigorated when he was added to the board of directors in 2013 and named chairman...
AECOM has received three contracts worth more than $400 million combined from the U.S. Army Corps of Engineers, or USACE, Honolulu District to provide modernization support for critical infrastructure across the Pacific region. USACE Architect-Engineer IDIQ Contracts The company said Monday the indefinite-delivery/indefinite-quantity contracts will ...
Lockheed Martin reported $18.2 billion fiscal 2025 second-quarter sales, a total backlog of $166.5 billion and Q2 net earnings of $342 million, or $1.46 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said its cash from operations was $201 million during the second quarter of 2025, d...
The U.S. Navy has awarded Northrop Grumman a $140.8 million modification to a contract the company secured in 2018 for the E-2D Advanced Hawkeye program. Join the 2025 Navy Summit, where top-tier Navy experts will explore innovative solutions, forge strategic partnerships and shape the future of naval operations. The latest modification a...
