RTX reported $21.6 billion in fiscal 2024 fourth-quarter sales, up 9 percent from the prior-year period, and recorded $218 billion in total backlog with the defense segment accounting for $93 billion of that backlog. For the full year 2024, the Arlington, Virginia-based aerospace and defense contractor said Tuesday it saw its adjusted sales ri...
HII has received a five-year, $296 million task order from the U.S. Air Force Installation Contracting Center’s 764 Enterprise Sourcing Squadron to provide air and space operation support services to the U.S. Air Forces in Europe-Air Forces in Africa, or USAFE-AFAFRICA. Technical and Analytical Support for USAFE-AFAFRICA The McLean, Virginia-...
While the Potomac Officers Club’s upcoming 2025 5G Summit is set to feature a host of representatives from the Department of Defense, the event is not just a networking destination for defense contractors. One key speaker especially will bring extensive insights from his experience working to spread a spirit of innovation in the federal civil...
Assured Information Security has won a potential 10-year, $300 million contract to provide software, hardware and reports for virtualization and remote access. The Department of Defense said Friday the Air Force Research Laboratory launched a competitive acquisition process and received three bids for the Engineering for Virtualized Enterprise and R...
Gil Herrera, the National Security Agency’s research director, has spoken publicly in multiple places about how, if a true, fully powerful quantum computer were built, it could have the potential to both drastically cut worldwide energy consumption but also, if in the wrong hands, handily dismantle the world’s economy. He revisited those th...
Executive Mosaic’s GovCon Index marked its best-day performance to start the shortened trading week but slumped the rest of the way. The index, which tracks the stock performances of 30 major government contractors, closed 1.02% lower at $5,016.21 before the weekend and lost -0.10% for the week. US President Donald Trump’s decision to delay impo...
The U.S. Army has awarded L3Harris Technologies a $300 million purchase order to produce thousands of handheld, manpack and small form fit, or HMS, radios. Senate Minority Leader Charles Schumer’s office said Thursday the military branch placed the order under a potential 10-year, $12.7 billion indefinite-delivery/indefinite-quantity contract ...
Christian Brose and Matthew Steckman have been elevated to new executive roles at Anduril Industries. The defense technology contractor said Thursday Brose was promoted to president and chief strategy officer while Steckman is now president and chief business officer. Christian Brose’s Key Responsibilities and Career Highlights ...
The Department of Defense released its private 5G deployment strategy late last year, outlining plans to integrate advanced wireless networks across U.S. military installations. This comprehensive approach seeks to enhance operational efficiency, bolster security and support broader modernization initiatives. We analyzed and extracted the key p...
IT platforms provider Smoothstack has launched a new business unit, called Fedstack, focused on addressing the technology consulting needs of federal agencies, government institutions and other public sector entities facing tech and workforce development challenges. “Fedstack provides technology consulting as well as workforce solutions,...
