Sev1Tech has been awarded a five-year, $262 million contract by the U.S. Army’s Program Executive Office, Command, Control and Communications Network for the procurement of tactical radio systems support. Contract Scope The IT, engineering, program management, C5ISR and cybersecurity systems integration and support services company said Wednes...
Software company Elastic has appointed industry leaders Chris Townsend and Darryl Peek as global vice president of public sector and VP of partner sales for the U.S. public sector, respectively. Townsend and Peek announced their new leadership positions in separate LinkedIn posts. In addition to his role as global VP, Townsend will serve as presiden...
Leidos posted $4.2 billion in fiscal year 2025 first-quarter revenue, reflecting a 7 percent year-over-year increase, and attributed the revenue growth to increased demand across all customer segments. Q1 2025 Financial Highlights In an earnings release published Tuesday, the defense and IT services contractor said it ended the quarter with a total ...
The U.S. Navy has awarded KBR Services an indefinite-delivery/ indefinite-quantity contract worth $55.6 million to provide base operations support at U.S. military facilities across the African nation of Djibouti. The contract includes options that, if exercised, would increase the maximum dollar value of the effort to $476.8 million, the Depar...
Anduril Industries has entered into a definitive agreement to acquire Dublin, Ireland-based Klas, an engineering and design company specializing in edge computing and tactical communications. Boosting Autonomous Systems and Connected Warfare Anduril said Monday the planned acquisition aims to boost the defense technology company’s po...
The State Department has approved Saudi Arabia’s $3.5 billion foreign military sale request for AIM-120C-8 advanced medium range air-to-air missiles. The Defense Security Cooperation Agency said Friday RTX will be the principal contractor for the proposed sale. Proposed FMS Details The proposed deal covers the procurement of 1,000 units o...
Mercury Systems has finalized the acquisition of Star Lab, in line with efforts to continue advancing the company’s capabilities to deliver secure processing technologies to the aerospace and defense industries. Enhancing Cybersecurity Capabilities The Andover, Massachusetts-based technology company said Thursday Star Lab is now part...
Parsons reported record revenue of $1.6 billion during the first quarter of fiscal year 2025, reflecting a 1 percent year-over-year growth, and ended the quarter with a record total backlog of $9.1 billion with a book-to-bill ratio of 1.1x on net bookings of $1.8 billion. Q1 2025 Financial Highlights In an earnings release published Wednesday,...
The State Department has cleared a foreign military sale request by Kuwait for the procurement of Patriot post-deployment build 8.1 and related equipment worth an estimated $425 million. The Defense Security Cooperation Agency said Wednesday RTX will serve as the principal contractor. The DSCA has also notified Congress of the proposed de...
The Department of State has approved the Polish government’s request to purchase AIM-120D Advanced Medium Range Air-to-Air Missiles for $1.33 billion. The Defense Security Cooperation Agency said Tuesday that RTX will serve as the principal contractor of the proposed foreign military sale. Details of Poland’s $1.33B FMS According t...
