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Parsons (NYSE: PSN) achieved record revenue of $1.4 billion for the second quarter of fiscal 2023, reflecting a year-over-year increase of 34 percent, and attributed the rise to organic growth from the contractor’s federal solutions and critical infrastructure segments. The Centreville, Virginia-based defense and infrastructure engineering com...
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...
Aeyon LLC houses leadership teams with expertise in mission services, analytics, digital transformation, financial management, engineering and science, and data management. The company leverages its deep expertise in the Department of Defense (DoD) and related civilian agencies to deliver uncompromising intelligence, experience, and qualifica...
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...
Debbie Gallop, senior vice president of finance at Technical and Project Engineering, has been elevated to the chief financial officer position. She will oversee efforts to align TAPE’s financial strategy with its long-term goals and mission in her new capacity, the company said Monday. Gallop said she aims to implement new policies and proced...
Technology industry veteran Peter O’Donoghue has joined Herndon, Virginia-based federal systems integrator Tyto Athene as chief technology officer. In this capacity, he will oversee the company’s strategy and execution efforts and serve as a change agent and business partner to advance the development of technology platforms in support of custom...
NewSpring Holdings has bought Bridge Core for an undisclosed sum as part of a strategy to establish a full-spectrum company focused on meeting the technology needs of the U.S. intelligence community. NewSpring said Wednesday Chad Kim, most recently chief technology officer at QinetiQ Group’s U.S. arm, has been appointed CEO of Bridge Core, a provi...
Thirteen additional vendors will compete for work under a $950 million U.S. Air Force contract vehicle to build and demonstrate Joint All Domain Command and Control technologies for air, land, space, sea, cyber and electromagnetic spectrum operations. The indefinite-delivery/indefinite-quantity award encompasses the development and operation of mult...
A Leidos (NYSE: LDOS) Dynetics subsidiary has received a potential four-year, $428.3 million contract modification from the U.S. Army to build prototypes of the Common-Hypersonic Glide Body system. Dynetics Technical Solutions will perform work in Huntsville, Alabama, through July 23, 2027, the Department of Defense said Monday. Army Contracting Com...
