Peraton has appointed Ravi Dankanikote, a government contracting industry veteran, as its chief growth officer. In his new role, Dankanikote will oversee the development and implementation of the company’s enterprise growth strategy, lead business development efforts, and strengthen customer relationships. “Ravi is not just a growth exec...
Apple has committed to investing another $100 billion in U.S. manufacturing and unveiled a new program to bring more of its advanced manufacturing and supply chain to the U.S. “Today, we’re proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program,” ...
Parsons posted $1.6 billion in fiscal year 2025 second-quarter revenue, down 5 percent from the prior-year period, and ended the quarter with a total backlog of $8.9 billion with a book-to-bill ratio of 1.1x on net bookings of $1.5 billion. In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infrastructure eng...
Space technology and services company Intuitive Machines has agreed to acquire KinetX, an aerospace company offering deep space navigation, systems engineering, ground software and constellation mission design. Enhancing Deep Space Exploration Capabilities The Intuitive Machines said Wednesday the acquisition of KinetX, expected to be...
Amentum reported $3.6 billion in fiscal 2025 third quarter revenues, up 2 percent year-over-year. The advanced engineering and technology company also outperformed its expected earnings per share with an adjusted diluted EPS of $0.56, up 10 percent year-over-year and 80.65 percent higher than the forecasted $0.31. According to the earnings rele...
LMI has appointed Jared Summers and Joseph Norton to key leadership roles, aligning with the company’s efforts to expand its technology organization. Boosting Technology Delivery The McLean, Virginia-based company said Tuesday the strategic expansion aims to enhance its ability to deliver off-the-shelf, ready-to-deploy services ...
Jon Rucker, CEO of Ultra Intelligence & Communications, has accepted the 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson. Rucker, now a two-time Wash100 awardee, is being recognized for driving company growth through major contract wins and for his role in delivering mission-critical capabilities to American warfighters and allies. F...
Peraton has named Jeremy Savoy, a seasoned technologist, as chief technology officer of XaaS. Savoy announced his appointment in a LinkedIn post shared Tuesday. Savoy’s Career Highlights Savoy previously held the position of director of Xaas strategy and solutions at both Red River and SMS Data Products Group. He was the se...
HII posted its financial results for the second quarter of fiscal 2025, with $3.08 billion in revenue, up 3.5 percent year over year. Q2 2025 Highlights In an earnings release published Sunday, the global engineering and defense technologies company said revenue exceeded its $2.93 billion forecast by 5.12 percent. The company posted earnings pe...
V2X has secured an indefinite-delivery/indefinite-quantity contract valued at $4.3 billion from the U.S. Air Force to support T-6 Texan II single-engine primary trainer aircraft. The company said it will provide base supply support to ensure that the aircraft is safe, flyable and capable of meeting its daily flight schedules and depot requirements a...
