Parsons (NYSE: PSN) posted a record revenue of $1.7 billion during the second quarter of 2024, reflecting a year-over-year growth of 23 percent, and ended the quarter with a total backlog of $8.8 billion with a book-to-bill ratio of 0.9x on net bookings of $1.5 billion. The Centreville, Virginia-based defense and infrastructure engineering company s...
Clear Ridge Defense, or CRD, has won a potential $113 million contract to support the cyberspace operations of various U.S. Marine Corps units. The cybersecurity consulting company said Tuesday the prime contract will cover critical cyberspace services for the Marine Corps Forces Cyberspace Command, Marine Corps Cyberspace Warfare Group, Joint Force...
Parsons (NYSE: PSN) has agreed to buy BlackSignal Technologies for approximately $200 million to broaden its cybersecurity, artificial intelligence and electronic warfare capabilities and its client base across the Department of Defense and Intelligence Community. Chantilly, Virginia-based Parsons said Tuesday it expects the transaction to be comple...
Eleven companies were selected by the U.S. Navy for the procurement of machinery and systems services for naval vessels and land-based sites. The Department of Defense said Thursday the vendors secured spots on the indefinite-delivery/indefinite-quantity contract with a combined value of $496.1 million. The contract covers the procurement of h...
Brig. Gen. Jason Bartolomei has assumed command of the Air Force Research Laboratory, the scientific research and development detachment of the U.S. Air Force Materiel Command at Wright-Patterson Air Force Base in Ohio. The Air Force said Friday the new AFRL commander was most recently the program executive officer for weapons and director of ...
The Air Force Materiel Command is soliciting proposals for a multiple award, indefinite-delivery/indefinite-quantity contract for the Contract Field Teams labor augmentation support requirements program. According to a request for proposal posted on SAM.gov, the acquisition has a ceiling amount of $7 billion to cover all CFT LASR contracts/task orde...
The Potomac Officers Club is hosting its highly-anticipated 2024 Army Summit on June 13, bringing together the country’s top Army officials, defense experts and industry leaders to discuss the Army’s most significant challenges, opportunities, strategies and initiatives. This annual event serves as a vital platform for government and GovCon exe...
Amazon Web Services has secured a $114.5 million contract from Army Contracting Command–Rock Island to provide cloud services at Impact Level 6 to the Army Enterprise Cloud Management Agency. A notice posted on SAM.gov states that the contract was awarded under the Joint Warfighting Cloud Capability contract vehicle to enable ECMA to provide conti...
Lockheed Martin (NYSE: LMT) has secured a $1.93 billion contract modification to produce and deliver high mobility artillery rocket system launchers to the U.S. Army. Army Contracting Command-Redstone is the contracting activity and will determine work locations and funding upon the issuance of individual contract orders, the Department of Defense s...
A Palantir Technologies (NYSE: PLTR) subsidiary has received a five-year, $480 million firm-fixed-price contract from the U.S. Army for the Maven Smart System prototype. The Department of Defense said Wednesday Palo Alto, California-headquartered Palantir USG is expected to complete contract work by May 28, 2029, at work locations yet to be determin...
