Pete Hegseth, secretary of defense and 2025 Wash100 Award winner, has in the last week announced sweeping changes to the U.S. Army in an effort to streamline and cut unnecessary programs and outdated systems. Hegseth calls the set of changes a “comprehensive transformation” and they come as the service branch looks to firm up its re...
By Aparna Achanta, Principal Security Lead, IBM Risk management in organizations is more than a routine checkbox exercise. Instead, it is the foundation of business resilience. What is the impact of security risks? Failing to implement appropriate and proportionate security measures can result in data breaches, infrastructure lapses ...
Mythics has acquired SpearMC as part of its effort to expand its market footprint and strengthen its presence in the public sector. The transaction will accelerate Mythics’ strategic growth, Paul Seifert, CEO of the Oracle systems integrator, said Tuesday. “Together we bring a strong ability to deliver value, provide strong solutio...
SciTec secured a $259 million contract from the Space Systems Command on Apr. 24 to enhance the missile warning and tracking mission of the U.S. Space Force. FORGE EOS Contract Scope The SSC said Tuesday the Future Operationally Resilient Ground Evolution, or FORGE, Enterprise Overhead Persistent Infrared, or OPIR, Solution contract is intended...
Mike Lisman has been selected as the next president and CEO of the TransDigm Group, succeeding Kevin Stein, who will officially retire on Sept. 30. The Cleveland-based company specializing in engineered aircraft components said Tuesday Stein will remain an adviser until March 31, 2026, to guide Lisman through the transition. He will also c...
QinetiQ US has secured a contract from Integris Composites to provide LAST Armor, a protective armor technology, for the U.S. Army’s Future Long Range Assault Aircraft, or FLRAA, program. In a statement published Wednesday, Christopher Forrest, executive vice president of advanced robotics and mission solutions at QinetiQ US, said the company ...
The U.S. Navy has awarded KBR Services an indefinite-delivery/ indefinite-quantity contract worth $55.6 million to provide base operations support at U.S. military facilities across the African nation of Djibouti. The contract includes options that, if exercised, would increase the maximum dollar value of the effort to $476.8 million, the Depar...
V2X reported $1.02 billion in revenue during the first quarter of 2025 with a 10 percent year-over-year growth in the Indo-Pacific region. Q1 Financial Highlights In an earnings release published Monday, the Reston, Virginia-based defense services contractor said its Q1 adjusted net income was $31.5 million, reflecting a 10 percent year-over-year in...
After hitting pause on the implementation of tariffs on all countries, except China, the White House now has a “golden opportunity” to negotiate new trade and investment deals with friendly nations, isolate adversaries and bring manufacturing back to the United States, according to Juan Zarate, chairman of the Center on Economic and Fina...
Anduril Industries has entered into a definitive agreement to acquire Dublin, Ireland-based Klas, an engineering and design company specializing in edge computing and tactical communications. Boosting Autonomous Systems and Connected Warfare Anduril said Monday the planned acquisition aims to boost the defense technology company’s po...
