BWX Technologies has announced the appointment of Mike Fitzgerald as the company’s permanent chief financial officer. Fitzgerald was named interim CFO on May 12 after Robb LeMasters stepped down as executive vice president and CFO, BWXT said Thursday. According to Rex Geveden, BWXT president and CEO, Fitzgerald has done an outstanding job as i...
KBR’s Mission Technologies Solutions, or MTS, business segment reported $1.4 billion in fiscal 2025 second-quarter revenues, up 7 percent from the prior-year period, and posted $141 million in Q2 adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, a 6 percent increase from the year-ago quarter. MTS, formerly KBR...
SAIC will continue to provide training solutions to the U.S. Navy under a renewed prime contract valued at $202 million in support of the Fleet Deployment Training Program. Under the contract, which has a 10-month base period, four one-year options and one six-month potential extension period, SAIC will provide modernized virtual and synthetic train...
AECOM has secured two contracts from the U.S. Army Corps of Engineers, Europe District to provide architecture and engineering throughout Germany, Poland, the Czech Republic, Norway, Denmark, and Belgium, the Netherlands and Luxembourg, or the Benelux region. The indefinite-delivery/indefinite-quantity contracts have a combined value of over $490 mi...
Firefly Aerospace has launched an initial public offering roadshow with plans to offer 16.2 million shares of common stock priced at $35 to $39 per share. The company said Monday it also intends to give the underwriters a 30-day option to buy an additional 2.43 million shares of its common stock at the initial offering...
Barrios Technology has been awarded a $450 million contract by NASA to deliver technical integration support for its human spaceflight programs. Mission Technical Integration Contract Details The agency said Monday the Mission Technical Integration Contract covers program and business management, configuration and data management, IT services, ...
By Payam Pourkhomami, President & CEO of OSIbeyond The Cybersecurity Maturity Model Certification program is a fundamental shift in how the Department of Defense approaches supply chain security. Once the 48 CFR rule of the Defense Federal Acquisition Regulation Supplement is amended to add CMMC requirements to DOD contracts, contractors across ...
Iridium Communications saw its fiscal 2025 second-quarter revenue climb 8 percent to $216.9 million and reported $121.3 million in Q2 operational EBITDA, or earnings before interest, taxes, depreciation and amortization, reflecting a 6 percent year-over-year increase from the prior-year period. In an earnings release published Thursday, the McLean, ...
Siemens Industry has booked a $99.3 million requirements, indefinite-delivery contract from the U.S. Air Force for the Switchgear Replacement Effort. Register now for the Potomac Officers Club’s 2025 Air and Space Summit on July 31 to get some insights on critical air and defense initiatives to strengthen national security. Switchgea...
Chad Quill has assumed new responsibilities as vice president of growth for the cyber mission sector at Peraton. The business development and capture leader confirmed his new role in a LinkedIn post Monday. “I’m excited to take on this new challenge and drive the company’s efforts to win and execute business,” he wrote. ̶...
