Jon Rucker, CEO of Ultra Intelligence & Communications, has accepted the 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson. Rucker, now a two-time Wash100 awardee, is being recognized for driving company growth through major contract wins and for his role in delivering mission-critical capabilities to American warfighters and allies. F...
Radiance Technologies has named Jay Town, a legal professional, chief compliance officer and promoted Seth Crochet, a vice president at the company, to executive VP and general counsel. The company said Friday Town will manage compliance operations, improve Radiance’s risk management capabilities and oversee regulatory relationships with gover...
HII posted its financial results for the second quarter of fiscal 2025, with $3.08 billion in revenue, up 3.5 percent year over year. Q2 2025 Highlights In an earnings release published Sunday, the global engineering and defense technologies company said revenue exceeded its $2.93 billion forecast by 5.12 percent. The company posted earnings pe...
DOD’s space enterprise continues to evolve its acquisition strategy culture by cancelling contracts for poor performance and emphasizing delivering critical warfighting capability, not future promises, Maj. Gen. Stephen Purdy said Thursday at the Potomac Officers Club’s 2025 Air and Space Summit. Purdy, the acting assistant secretary of...
BWX Technologies has announced the appointment of Mike Fitzgerald as the company’s permanent chief financial officer. Fitzgerald was named interim CFO on May 12 after Robb LeMasters stepped down as executive vice president and CFO, BWXT said Thursday. According to Rex Geveden, BWXT president and CEO, Fitzgerald has done an outstanding job as i...
KBR’s Mission Technologies Solutions, or MTS, business segment reported $1.4 billion in fiscal 2025 second-quarter revenues, up 7 percent from the prior-year period, and posted $141 million in Q2 adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, a 6 percent increase from the year-ago quarter. MTS, formerly KBR...
Tom Arseneault, president and CEO of BAE Systems Inc., said the U.S. business is well positioned to benefit from the U.S. defense budget increase and support the Golden Dome missile defense shield project. DOD’s FY 2026 Budget Request In late June, senior Department of Defense officials and military leaders released DOD’s proposed $961.6...
Xcelerate Solutions has welcomed Doug Kollme as chief financial officer. Kollme, who announced the appointment in a LinkedIn post on Thursday, joined Xcelerate with over a decade of experience as CFO of high-growth technology and services companies. Who Is Doug Kollme? The executive most recently served as CFO of Iron Bow Technologies. He also held...
Antenna Research Associates has named Ash Srivastava as chief financial officer, Citybiz reported. Srivastava, who brings more than two decades of experience in financial management, will oversee the company’s financial strategy and operations and contract compliance as it advances strategic growth initiatives. “Ash brings deep expertise...
The U.S. Space Force has awarded five companies positions on the Protected Tactical Satellite Communications-Global, or PTS-G, contract, which has a ceiling value of approximately $4 billion. According to award notices published Tuesday on SAM.gov, the awardees are Astranis Space Technologies, Boeing, Intelsat General Communications, Northrop Grumma...
