The federal procurement landscape is undergoing a major shift to streamline and accelerate the acquisition and implementation of advanced capabilities that could enhance the delivery of government services or support mission execution. At the heart of these changes is the Revolutionary Federal Acquisition Regulation Overhaul, a multi-year initi...
Iron Bow Technologies has secured a firm-fixed-price contract valued at $100 million from the U.S. Air Force to provide software modernization support services. Air Force Vice Chief of Staff John Lamontagne is among the defense leaders who will take the stage at the Potomac Officers Club’s 2026 Air and Space Summit on July 30 to...
Leidos has secured a $617 million contract from the U.S. Army to provide launchers for the Indirect Fire Protection Capability Increment 2, or IFPC Inc 2, system. The Potomac Officers Club will host the 2026 Army Summit on June 18, bringing together Army leaders and industry executives to discuss modernization efforts and 2030 priorities. Reser...
Lockheed Martin reported $18 billion in first quarter 2026 sales, maintaining a steady year-over-year performance driven by sustained demand for next-generation defense platforms. Net earnings totaled $1.5 billion, compared to $1.7 billion in the same period last year, the company said Thursday. What Drove Lockheed Martin’s Q1 2026 Performance? Gr...
The U.S. Department of Agriculture has partnered with Palantir Technologies under a $300 million blanket purchase agreement, or BPA, to support the National Farm Security Action Plan and enhance service delivery to U.S. farmers. What Does the USDA-Palantir Agreement Cover? The agreement focuses on reinforcing farm security and enhancing pr...
Frank Whitworth, a retired U.S. Navy vice admiral and a four-time Wash100 Award recipient, has been named CEO of r4 Federal, the defense and national security subsidiary of r4 Technologies. The company said Wednesday Whitworth will oversee the deployment of r4’s Cross-Enterprise Management platform and Predictive Digital Twin technology across...
Navy Under Secretary Hung Cao has been named acting secretary following the departure of John Phelan. Cao and Phelan are both 2026 Wash100 awardees. The latest leadership transition at the Navy comes at a pivotal time as the service advances major initiatives tied to maritime dominance and acquisition reform. These priorities are expected to take...
CACI International has reported an 8.5 percent year-over-year increase in revenue to $2.4 billion and EBITDA of $289.7 million, a 12.3 percent margin, for the third quarter of fiscal year 2026. The Reston, Virginia-headquartered company said Tuesday that it is also raising its full-year revenue guidance to reflect expected growth following its March...
Reliable Robotics has raised $160 million in new funding to support the deployment and production of its Reliable Autonomy System, the autonomous aircraft systems company announced Tuesday. What Will the Funding Support? The company said the capital will be used to scale production and accelerate deployment of its Reliable Autonomy System, or R...
The U.S. Space Force is requesting industry input to identify launch providers that could support up to 25 high-priority National Security Space Launch Phase 3 missions scheduled for fiscal years 2027 to 2029. Space Systems Command posted a sources sought notice on SAM.gov on Tuesday to assess whether additional companies beyond current providers ca...
