Boeing (NYSE: BA) has secured a potential three-year, $115.1 million order against a previously awarded basic ordering agreement to provide the U.S. Navy with initial spares and repair equipment for the service’s MQ-25A Stingray aerial refueling drone to help improve the unmanned aircraft system’s readiness and reliability. Work on the firm-...
Lockheed Martin (NYSE: LMT) has booked a three-year, $175.2 million contract modification to manufacture additional surface-to-surface precision-strike guided missile systems for initial U.S. Army deployment. The award funds work on the first and second early operational capability production batches of the Precision Strike Missiles, according to a ...
Arcfield has acquired Strategic Technology Consulting in a move that expands the systems engineering and integration company’s scope to model-based approaches. The acquisition adds digital twin and software products and modeling methodologies for digital engineering to Arcfield’s portfolio, the company said Tuesday. STC ventured into the...
The Department of the Interior has awarded 13 companies positions on a potential five-year, $1.5 billion contract for design and construction support services, according to an award notice published Tuesday. The Construction Multiple Award Contract includes work encompassing a wide range of design-build and design-bid-build projects, according to a ...
American Systems President and CEO Peter Smith is set to retire on Sept. 5 after a 43-year career with the company and will be succeeded by John Steckel, vice president of corporate development. Smith, a three-time Wash100 winner, will continue to be part of American Systems’ board of directors after he steps down from the...
DLH Holdings (Nasdaq: DLHC) posted fiscal 2023 third-quarter revenue of$102.2 million, up 54 percent from the prior-year period’s $66.4 million. The Atlanta-based company said Wednesday it ended the quarter with a contract backlog of $817.8 million, of which about $147.3 million was funded. The federal digital transformation and systems engineerin...
ICF (Nasdaq: ICFI) reported $500 million in fiscal 2023 second-quarter revenue, up 18 percent from the same period a year ago, with the company’s federal business accounting for 54.4 percent of total quarterly sales. The consulting and technology services provider said Thursday sales from its federal customers jumped 20.6 percent year-over-yea...
HII’s (NYSE: HII) Mission Technologies division will provide emerging intelligence, surveillance and reconnaissance technologies for the National Security Innovation Network and its mission partners under a potential five-year, $1.4 billion task order awarded under the General Services Administration’s ASTRO contract vehicle. The Joint Network E...
The Office of Strategic Capital was stood up in December of last year, marking a decisive move by the Department of Defense to direct financial support to the technology industry. OSC is particularly interested in funding projects and organizations related to “advanced materials, next-generation biotechnology and quantum computing,” per rep...
HII’s (NYSE: HII) Ingalls Shipbuilding division and General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary have received multiyear procurement contracts from the U.S. Navy to build nine DDG 51 Arleigh Burke-class guided-missile destroyers in Flight III configuration. Naval Sea Systems Command said Tuesday the fixed-price-incentive firm target a...
