SpaceX has agreed to acquire EchoStar’s full portfolio of unpaired AWS-3 spectrum licenses for approximately $2.6 billion in SpaceX stock. EchoStar said Thursday the transaction is expected to close following regulatory approvals and satisfaction of customary closing conditions. What the Spectrum Deal Means for SpaceX & EchoStar? Accordi...
Parsons reported $1.62 billion in third quarter fiscal 2025 revenue, down 10 percent year-over-year and 14 percent on an organic basis. Excluding its confidential contract, the defense and infrastructure engineering company achieved double-digit revenue growth of 14 percent and an organic revenue increase of 9 percent, driven by growth in its c...
By Chuck Brooks, president of Brooks Consulting International In today’s hyper-connected world, the systems and assets we take for granted—our power plants, water and wastewater systems, telecommunications networks, transportation systems, hospitals, financial institutions, food supply chains and the manufacturing base—are deeply interwove...
Mike Spagna has been promoted to president of HighPoint Digital. The Indianapolis-based IT and customer experience services provider said Spagna assumes the role with more than 20 years of experience in the federal contracting sector. He first joined HighPoint Digital in 2021 and most recently served as the company’s executive v...
Google has secured clearance from the Department of Justice to pursue its acquisition of cloud security company Wiz for approximately $32 billion, The Wall Street Journal reported Wednesday. DOJ recently indicated in a public document that it will end its investigation early, meaning it does not plan to challenge the merger. Wiz CEO on Clearing...
The U.S. Navy has released a solicitation for a potential $349.4 million indefinite-delivery/indefinite-quantity contract to provide engineering and technical support for its unmanned maritime systems fleet. What Work Will the Contract Require? According to the request for proposals posted by the Naval Information Warfare Center Pacific on SAM.gov, ...
Bugcrowd has acquired Mayhem Security, a provider of artificial intelligence-enabled offensive security tools and services. Following the transaction’s completion, Bugcrowd said it will integrate Mayhem’s automation capabilities with its global hacker community to create an AI-powered, human-in-the-loop security testing platform. Financi...
Peraton has received a $196 million contract from the U.S. Army to provide operational and cybersecurity support for the Network Enterprise Technology Command’s Global Cyber Center, or GCC. The company said Wednesday the award aims to help the Army advance its digital modernization efforts and improve the country’s cyber defense posture....
Baird will host its annual Defense & Government Conference on Tuesday, Nov. 18, from 7 a.m. to 7 p.m. at the Ritz-Carlton, Tysons Corner in Virginia, uniting senior executives, investors and government leaders for a day of dynamic discussion, company presentations and market insight. The 2025 event, themed “Innovation, Mission, and Capital...
Leidos reported record third-quarter revenue of $4.47 billion for fiscal year 2025, up 7 percent from the prior-year period, and attributed the growth to increased customer demand for innovative products in support of defense and national security missions. In an earnings release published Tuesday, the Reston, Virginia-based defense and IT services ...
