Leidos posted $4.2 billion in fiscal year 2025 first-quarter revenue, reflecting a 7 percent year-over-year increase, and attributed the revenue growth to increased demand across all customer segments. Q1 2025 Financial Highlights In an earnings release published Tuesday, the defense and IT services contractor said it ended the quarter with a total ...
Leidos has been awarded a $205 million contract to provide services in support of the modernization and operation of IT systems for the Defense Threat Reduction Agency, or DTRA, enterprise. Bolstering Defense Against Emerging Threats The Reston, Virginia-based company said Monday the five-year DTRA Integrated Information Technology Support...
David Broadbent spent over two decades at Raytheon, working across various divisions and sharpening his expertise in defense, space, intelligence and commercial cyber in a slew of leadership positions. Toward the end of his run at that company, Broadbent developed a strong interest in the space environment, and was appointed president of space syst...
Nava has appointed Samantha Kwok and Marvin McLain as vice president of engineering and VP of program delivery for the federal health portfolio, respectively. As the VP of engineering, Kwok will spearhead the engineering organization’s growth through effective execution of delivery and the cultivation of technical excellence, innovat...
Leidos has appointed Josh Salmanson, a federal IT industry leader, as vice president of its defensive cyber practice. The company said Wednesday Salmanson will leverage Leidos’ full-spectrum cyber capabilities to accelerate the delivery of high-value platforms designed to improve the cyber defense postures of government and commercial clients....
Lockheed Martin has agreed to acquire Amentum’s Rapid Solutions business for approximately $360 million in cash. Amentum said Wednesday the transaction is expected to conclude in the second half of 2025, subject to regulatory approvals and other customary closing conditions. Upon closing, Lockheed will integrate Rapid Solutions and about 230 e...
The Department of Homeland Security has announced that the agency will recompete its Risk Analysis, Planning & Information Directorate, or RAPID, IT operations and maintenance support contract valued at $100 million. In a notice posted online Wednesday, DHS said a blanket purchase agreement contract will be awarded for the required services.&nbs...
Richard Forsht, an experienced IT and telecommunications leader, has joined 22nd Century Technologies as vice president of federal services. Forsht confirmed his new role in a LinkedIn post published Wednesday. “It’s an honor to be part of such a talented and mission-driven team,” he wrote in his LinkedIn profile. “I...
Trace Systems has received a $352 million contract from the U.S. Army to provide advanced, mission-critical communication technologies. Project Manager Tactical Network VSAT IV Contract Scope The tactical communications and integrated satellite infrastructure services provider said Tuesday the Project Manager Tactical Network, or PM TN, Very Sm...
Davidson has secured a position on a Department of Defense contract vehicle worth $249 million that seeks to facilitate the rapid deployment of artificial intelligence, machine learning and data science professionals to support national security missions. Advancing Algorithmic Warfare The company said Tuesday its selection for the DOD’s five-y...
