Science Applications International Corp. (NYSE: SAIC) posted $1.91 billion in revenue for the third quarter of its 2023 fiscal year, up 1 percent from the prior-year period, and recorded $1.45 in diluted earnings per share and adjusted diluted EPS of $1.90. The Reston, Virginia-based government technology services contractor recorded $2 billion in Q...
Jon Love, vice president of strategic growth at Maxar Technologies‘ public sector business, was featured in a recent Executive Spotlight interview published Monday. He talked about some key differentiators that help Maxar stand out in the competitive environment as federal customers consider geospatial intelligence partners. The Q&A with L...
Christopher Smith, vice president and general manager of the North America public sector at Red Hat, said the transparency, portability and innovation that open source offers have made the technology a mission-critical foundation for federal agencies, companies and other organizations. “Open source technologies evolve rapidly based on the diverse ...
Honeywell International Inc. has been a trusted contractor for the federal government for over 100 years. The company provides innovative solutions in four business areas: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. Take a look at the top Honeywell government contracts. 1. DMEA Mod...
A new McAleese & Associates report shows defense prime contractors recorded a 3 percent increase in sales during the third quarter of 2022 and sector operating margin of 11 percent. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an analysis of the Q3 financial performance of Lockheed Martin (NYSE: LMT...
The Naval Air Systems Command has awarded Pratt & Whitney, a subsidiary of Raytheon Technologies (NYSE: RTX), a potential $115 million contract to carry out core upgrades of the F135 propulsion system. The award will support preliminary development efforts by the engine maker through 2023 and aims to create a low-risk path for the F-35...
Northrop Grumman (NYSE: NOC) and the U.S. Air Force have introduced the B-21 Raider long-range strike bomber plane as part of the country’s nuclear triad meant to deter potential adversaries. B-21 is a sixth-generation aircraft that is backed by a digital ecosystem and comes with stealth capabilities and open systems architecture to facilitate...
Raytheon Technologies’ (NYSE: RTX) missiles and defense business and Lockheed Martin (NYSE: LMT) will serve as principal contractors for a potential $380 million foreign military sale of FIM-92K Stinger man-portable ground-to-air missiles and related equipment to the government of Finland. The Defense Security Cooperation Agency said Thursday the ...
Highlander Partners has acquired Liteye Systems, a developer of counter-unmanned aircraft system platforms for defense and national security applications, in a deal that marks the private equity firm’s first investment move since it launched a holding company in May to pursue C-UAS market opportunities. Liteye‘s offering for U.S. and int...
The U.S. Army has awarded Raytheon Technologies (NYSE: RTX) a $1.2 billion contract to deliver six more National Advanced Surface-to-Air Missile Systems, plus equipment and support services, to Ukraine as part of a Pentagon-led security assistance campaign. The contract brings the U.S. government’s total order for NASAMS batteries to eight to ...
