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...
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...
