Leidos (NYSE: LDOS) saw its revenue climb 7 percent year-over-year to $3.8 billion during the second quarter of fiscal year 2023 and reported $210 million in net income and diluted earnings per share of $1.50. The defense and information technology services contractor said Tuesday the revenue growth was driven by increased demand for hypersoni...
Mark Fuller, president and CEO of Castellum (NYSE-American: CTM), said the cybersecurity and electronic warfare services provider generated record revenue of more than $12.44 million during the second quarter of 2023. Fuller said in a statement published Monday the figure reflects a 25 percent jump from Castellum’s first-quarter revenue driven...
David Thombs, former chief strategy officer and executive vice president of strategy and business development at SI2 Technologies, has been named deputy chief technology officer at Antenna Research Associates. He announced his new role Sunday on LinkedIn and will concurrently serve as ARA’s CTO and VP of technology strategy. Thombs was instrum...
Ten companies have won spots on a potential eight-year, $400 million U.S. Navy contract to carry out military construction projects for Naval Facilities Engineering Systems Command Northwest. NAVFAC received 22 proposals for the multiple-award, indefinite-delivery/indefinite-quantity contract, which includes a five-year option period, the Department...
Science Applications International Corp. (NYSE: SAIC) has received a $91 million task order to update hardware and software for the U.S. Navy’s V-22 aircraft logistics information technology system. The task will cover research, development, test and evaluation support to the LOG-IT product line under Naval Air Systems Command, SAIC said Tuesd...
The Johns Hopkins University Applied Physics Laboratory will engineer systems for the U.S. Air Force’s intercontinental ballistic missile system modernization program under a $165.9 million task order. Under the three-year award, APL will also continue to research and develop specialized functions to support the Sentinel weapon system, the Dep...
All of the four-star generals of the U.S. Air Force and the vast majority of three-stars assembled in June at a table top exercise that demonstrated various scenarios regarding strategic maneuvers required when carrying out logistics in contested settings and conditions. The service’s leaders saw it as a highly beneficial process that is nece...
IT and professional services provider RSC2 has acquired Navigant Systems, a veteran-owned business, for an undisclosed sum to add offerings and markets in the command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance area. RSC2 said Monday the two companies have complementary C5ISR platforms and the acquisitio...
By Chuck Brooks, President of Brooks Consulting International Cyber awareness means strong risk management While it is true that anyone and everyone is vulnerable to cyber-attacks, there are available protections and defenses for helping mitigate those threats. It starts with having a risk management strategy and being proactive. Because of the emer...
Sapphire Ventures will invest more than $1 billion in enterprise artificial intelligence startups, including companies focused on developing generative AI, enablers and middleware, foundation models and other next-generation AI applications. “We look forward to partnering with companies that are not only improving existing workflows and softwa...
