The shares of Leidos (NYSE: LDOS) jumped nearly eight percent on the last trading day of October after the defense contractor presented its third quarter of fiscal year 2023 results. In the three months that ended Sept. 29, 2023, revenues rose nine percent to $3.9 billion versus Q3 2022. The total backlog at the quarter’s...
Kathryn Simpson, an 11-year Northrop Grumman (NYSE: NOC) executive, has assumed the corporate vice president and general counsel role at the Falls Church, Virginia-headquartered aerospace and defense contractor, according to a LinkedIn post published Tuesday. She was elevated to the post after serving as VP and associate general counsel of Northrop&...
SpaceX and United Launch Alliance have been assigned 21 launch service missions for fiscal year 2024 under phase 2 of the U.S. Space Force national security space launch contract vehicle. Space Systems Command said Tuesday SpaceX received 10 mission assignments while ULA received 11 missions that are expected to launch over the next two to...
A multifaceted technologist, Capgemini Government Solutions Chair, CEO and President Bill Webner has built a three-decade career assisting public sector organizations in completing their missions using innovative new tools and strategies. Webner is an alum of Booz Allen Hamilton and Freddie Mac who came to CGS, an independent subsidiary of global ma...
Dre’ Abadie, public-sector senior solutions architect at VMware (NYSE: VMW), said government agencies that seek to strengthen the cybersecurity of their hybrid cloud or multicloud environments should partner with companies that provide cross-cloud visibility and analytical insights and advance automation of security tasks. Abadie wrote in an a...
Booz Allen Hamilton (NYSE: BAH) released its results for the second quarter of fiscal 2024 and raised its top and bottom lines guidance for the full fiscal year. In the three months that ended Sept. 30, 2023, revenue rose 16 percent to $2.67 billion versus Q2 FY23, recording the best first half in company history....
Northrop Grumman (NYSE: NOC) will build 38 Alpha satellites for the second tranche of the Proliferated Warfighter Space Architecture’s transport layer under a potential $732 million contract with the Space Development Agency. The company said Monday the contract covers five years of satellite operations and sustainment services and support for ass...
Harnessing powerful technologies, constantly innovating and making the force more lethal are some of the top focus areas for the U.S. Army’s new Chief of Staff, Gen. Randy George. At the Association of the U.S. Army’s 2023 Annual Meeting and Exposition in October, George outlined his main priorities. If you’re interested in the Army...
The third quarter 2023 financial report of Northrop Grumman (NYSE: NOC) is out and in the three months that ended Sept. 30, sales climbed nine percent to $9.8 billion versus Q2 2022, while net earnings increased two percent year-over-year to $937 million. The total backlog of the aerospace and defense company also rose to a record-high...
Vertex Aerospace has secured a five-year, $458.2 million firm-fixed-price contract from the U.S. Navy to establish a new depot site for the F-5 Adversary aircraft, serving both the military branch and the Marine Corps. The indefinite-delivery/indefinite-quantity contract also calls for organizational, selected intermediate and limited depot lev...
