KBR reported $1.9 billion in revenue during the third quarter of fiscal year 2025 and recorded $4.2 billion in Q3 bookings and options with a book-to-bill of 1.4x on a trailing 12-month basis. In an earnings release published Thursday, the Houston-based engineering contractor said Q3 net income was $115 million and adjusted earnings before interest,...
Leonardo DRS has announced a leadership transition that will see longtime executive John Baylouny become president and CEO, succeeding William Lynn, who will retire after 14 years leading the company. The leadership changes also include the election of Frances Fragos Townsend as chair of the board, Leonardo DRS said, noting that the developmen...
Defense technology company AV has appointed Robert Horky, an aerospace industry executive, as a vice president. Horky announced his move to AV in a LinkedIn post published Monday. According to his profile on the professional networking site, he will oversee business development efforts within AV’s space, cyber and directed energy business segm...
The Department of the Navy has awarded ExxonMobil Marine a potential $954 million indefinite-delivery/indefinite-quantity contract to supply lubricants and provide engineering support services under the Military Sealift Command’s Worldwide Lubrication Program. Worldwide Lubrication Program Contract Scope According to the award notice publ...
Vibrint has named Skip Maselli, a business growth strategist, vice president of business development. In a LinkedIn post published Monday, Maselli said he will drive capture strategy, partnerships and go-to-market initiatives to scale outcomes across the national security community. Vibrint has teams of technologists and analysts who pursue innovati...
AeroVironment is focused on rapidly ramping up the production of its Freedom Eagle kinetic counter-unmanned aircraft system missile to deliver it to the U.S. Army under a $95.9 million contract. The new award was secured through the Army Combat Capabilities Development Command Aviation & Missile Center Aviation & Missile Technology Consortiu...
EchoStar subsidiary Hughes Network Systems has completed the acquisition of Anderson Connectivity, an aerospace company specializing in design, engineering and manufacturing services. How will Anderson Connectivity’s Acquisition Impact Hughes? Hughes said Wednesday its acquisition of Melbourne, Florida-based Anderson Connectivit...
SRI International has secured a Defense Logistics Agency contract worth approximately $98.6 million contract to provide research and development support for DLA’s Advanced Microcircuit Emulation, or AME, program. According to a SAM.gov award notice published Monday, the indefinite-delivery, cost-plus-fixed-fee requirements contract has a five-...
The Defense Security Cooperation Agency has awarded six companies positions on a five-year, $800 million time-and-materials, firm-fixed-price blanket purchase agreement for software engineering services to support the modernization of the National Background Investigation Services. According to award notices published on the Federal Procurement...
IronMountain Solutions, an engineering and technology firm, has announced the promotion of Luther Laney to CEO and president. The company’s executive leadership changes also include new appointments for Neal Corson and Grant VanOostrom, according to recent LinkedIn posts. Who is Leading IronMountain Solutions Now? Luther Laney has been named C...
