The United States is in the midst of a global race to dominate the space domain, and to stay ahead, the federal government must accelerate its efforts to expand and deepen its space capabilities. U.S. officials have heavily emphasized the importance of collaboration in building and maintaining a competitive advantage in space, and contracts are...
KBR (NYSE: KBR) presented strong fourth quarter and full year 2023 results. In Q4 and full year, revenue increased 7.6 percent and 6 percent year-over-year to $1.73 billion and $6.95 billion. Besides reporting solid results, the provider of science, technology and engineering products and services to governments and industry clients shared its finan...
Iridium Communications (Nasdaq: IRDM) saw its engineering and support revenue increase 74 percent to $31.1 million during the fourth quarter of 2023, driven by a rise in U.S. government activity, and posted a record total revenue of $790.7 million for the full year, up 10 percent from the prior-year period. The McLean, Virginia-based satellite commu...
Ryan Higgins, formerly chief information security officer and deputy chief information officer at the Department of Commerce, has been named acting CIO and chief AI officer at DOC. The Federal CIO Council announced the move Wednesday on LinkedIn and said that Higgins has provided oversight of DOC’s enterprise cybersecurity functions and coordi...
Leidos (NYSE: LDOS) has revealed its fourth quarter and full year 2023 results and financial guidance for the following year. In the three and 12 months ending Dec. 29, 2023, revenue increased 8 percent and 7 percent year-over-year to $4 billion and $15.4 billion, respectively. For fiscal 2024, the revenue guidance is between $15.7 billion...
The Department of Commerce has formed a consortium comprising more than 200 artificial intelligence developers and researchers from government, industry and academia to help create standards for the development and use of trustworthy AI technologies. The U.S. AI Safety Institute Consortium includes companies such as Accenture (NYSE: ACN), Amazon (Na...
The LGM-35A Sentinel, formerly known as Ground-Based Strategic Deterrent (GBSD), is an intercontinental ballistic missile representing the ground-based leg of the United States nuclear triad. Currently under development, it aims to enhance the nuclear deterrent capabilities of all U.S. military operations and programs worldwide. Read this art...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2024 Wash100 Award recipient, said the Pentagon had taken a warfighter-centric approach to innovation to enable the rapid delivery of combat capabilities to U.S. forces worldwide. “Along the way, we’ve never wavered from our ultimate objective: delivering safe and reliab...
CACI International (NYSE: CACI) reported an 11.2 percent year-over-year increase in revenues to $1.8 billion during the second quarter of fiscal year 2024 and saw its adjusted diluted earnings per share grow 2 percent to $4.36 for the quarter ended Dec. 31. CACI said Thursday it ended the quarter with a total backlog of $26.9...
Randy Fields, former vice president and general manager at Cubic's digital intelligence unit, has joined Ultra Intelligence & Communications as VP and chief technology officer. "With my extensive experience in airborne datalinks, Joint Fires and tactical edge technology, I am thrilled to bring my expertise to this new role," Field...
