Boeing’s defense, space and security, or BDS, business reported $6.9 billion in fiscal 2025 third-quarter revenue, up 25 percent from the prior-year period, and an operating margin of 1.7 percent. In its earnings report published Wednesday, Boeing said the BDS segment ended the third quarter with a backlog of $76 billion, with 20 percent of...
The Department of the Air Force has released a request for proposals for a multiple award construction contract, or MACC, for Morón Air Base in Spain. Air Force’s Multiple Award Construction Contract Scope According to the solicitation notice published Monday on SAM.gov, the competitive indefinite-delivery/indefinite-quantity contract ha...
By Nancy Patel, General Manager of Commercial at Unison Sales presentations are designed to impress. The slides are clean, the answers are confident and the product appears to handle every situation with ease. Reality often looks different once volume increases and real cases replace samples. Teams end up working around a tool that was sup...
QinetiQ US has appointed Tracy Gee, a more than 30-year human resources executive, as chief people officer to oversee the company’s talent strategy and organizational culture initiatives. “Tracy brings exceptional leadership and strategic vision that is instrumental to growth and critical to our mission in support of our customer objecti...
GovCons can’t get enough of Golden Dome, President Trump’s proposed homeland missile defense system. That’s for good reason. Not only has an independent estimate pegged Golden Dome as costing at least $252 billion over a 20 year period, but the Trump Administration has already appropriated $25 billion to start the program. As such...
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...
