Parsons reported $6.4 billion in revenue for fiscal year 2025, while achieving record adjusted EBITDA and net income for the full year. How Did Parsons Perform Financially in Fiscal Year 2025? In an earnings release published Wednesday, the Chantilly, Virginia-based disruptive technology provider said total revenue of $6.4 billion showed a 6 pe...
The General Services Administration has issued the initial list of 55 apparently successful offerors on the women-owned small business, or WOSB, pool of the Polaris governmentwide acquisition contract, or GWAC, for IT products and services. As agencies continue to refine major contract vehicles like Polaris, the broader conversation around federal I...
Parsons has received a potential five-year, $125 million task order from the U.S. Army to provide research, development and technical services for the service’s Combat Capabilities Development Command Army Research Laboratory, or DEVCOM ARL. The recent award reflects continued collaboration between the Army and industry to advance research and...
American Systems has secured a follow-on contract valued at $172.7 million to continue supporting the Naval Surface Warfare Center Indian Head Division’s Demonstration and Assessment Team. The award includes a one-year base period and four one-year options, the company said Tuesday. This latest contract award demonstrates the Navy’s comm...
KBR has been awarded two task orders worth $103 million to boost strategic decision-making and capability development for the U.S. Space Force. Secured under the Decision Support for Headquarters USSF Analysis contract, the firm-fixed-price awards will provide critical support for personnel readiness across the Space Force and the Department of the ...
Potomac Officers Club has secured two of the most influential public sector AI leaders in the market today as keynote speakers for its 2026 GovCon Executive Leadership Summit, underscoring the event’s ambition to become what many are calling the “Davos of GovCon.” Joe Larson, vice president and head of government at OpenAI and a ne...
HII reported $12.5 billion in 2025 revenue, an 8.2 percent increase over the prior year, fueled by surging shipbuilding volume at its Ingalls and Newport News yards. The company said Thursday diluted earnings per share rose 10.2 percent year-over-year to $15.39, while free cash flow increased to $800 million, up from $40 million in 2024....
BWX Technologies has promoted Kurt Bender to senior vice president and chief digital officer to support digital modernization efforts across operations in the United States, Canada and the United Kingdom. BWXT said Thursday that Bender’s appointment comes as the company opens a new digital center in Melbourne, Florida, designed to serve as a h...
Qualis, InTrack Radar Technologies and Tektonux have merged to form a single company focused on modernizing missile defense, space domain awareness, integrated fires and electronic warfare. Why Did Qualis, InTrack & Tektonux Merge? Bluestone Investment Partners, which backed the merger, said Wednesday the companies formed a new en...
Eutelsat Network Solutions, a wholly owned, independent U.S. proxy company and subsidiary of Eutelsat, has elected Jill Singer as chair of the board and appointed Jim Slife to its board of directors, the company announced Wednesday. Who Is Jill Singer? Singer, a 30-year government technology and national security veteran, will succeed...
