The Air Force Life Cycle Management Center’s Training Directorate has awarded a $100 million contract to Yulista, an aerospace company headquartered in Huntsville, Alabama. Under the contract, Yulista will support the Air Force Sustainment Center’s T-38 Talon Repair, Inspection and Maintenance, or TRIM, program and more rapidly retu...
Sikorsky Aircraft, a Lockheed Martin subsidiary, has received a $100 million modification to a previously awarded indefinite-delivery/indefinite-quantity contract from the U.S. Navy for sustainment services for the H-53 heavy-lift transport helicopter. H-53 Helicopter Support Contract Details The Department of Defense said Tuesday the modi...
Shawn Purvis, a more than three-decade industry executive and a four-time Wash100 awardee, has joined Sagewind Capital-backed Sabel Systems Technology Solutions as CEO. In a LinkedIn post published Tuesday, Sabel Systems said Purvis brings to the company over 30 years of experience in digital transformation, enterprise strategy and operational excel...
Karl Borden, a security professional with over three decades of experience, has been promoted to executive vice president for operations and growth at System High. The global protection and security engineering services provider said Tuesday Borden will spearhead its day-to-day operations while developing and implementing growth strat...
The State Department has approved Israel’s three foreign military sales requests worth approximately $3 billion combined for munitions, guidance kits, bulldozers and related equipment and support services. The Defense Security Cooperation Agency said Friday it has notified Congress of the proposed FMS deals. MK 84, BLU-117 General Purpose Bomb...
HawkEye 360 has made changes to its executive team to drive growth, streamline operations, improve service delivery and ensure agility to pursue emerging opportunities in the radio frequency geospatial intelligence market. “We have streamlined our organizational structure, defined new areas of responsibility, and aligned key roles to enable ou...
Envision Technology has landed a $249 million contract from the U.S. Navy to provide the U.S. Marine Corps with the squad aiming laser, or SAL, system. Squad Aiming Laser System Contract The Department of Defense said Monday the firm-fixed-price, indefinite-delivery/indefinite-quantity contract covers spare and repair parts, as well as con...
KBR reported $2.1 billion in fiscal 2024 fourth-quarter revenue, up 23 percent from the prior-year period, and saw its full-year revenues increase 11 percent to $7.7 billion, reflecting a 9 percent organic growth. Q4, Full-Year Financial Highlights In an earnings release published Monday, the Houston-based engineering contractor said Q4 net income w...
Scott Pfister is the president and CEO of Precise Systems, where his leadership has fueled the company’s growth as a government services solutions provider. On his watch, Precise has expanded to over 1,300 employees and successfully completed three acquisitions, broadening its footprint both nationwide and internationally. Pfister’s comm...
Executive Mosaic’s GovCon Index fell -1.89% on Friday to settle at $4,495.05, a new low. The index, which tracks the stock performances of 30 major government contractors, lost -1.77% for the week and posted its fifth consecutive weekly loss. The decline in the Index of Consumer Sentiment due to higher inflation expectations was the headwind...
