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Steampunk will merge with MetroStar Systems following its acquisition by Veritas Capital The combined business will bring together MetroStar’s AI and digital transformation capabilities with Steampunk’s Design Intelligence approach Company leaders said the merger is intended to strengthen the delivery of mission-focused technology capabi...

McNally Capital has made a majority investment in TENICA Global Solutions TENICA will continue operating under its existing leadership team The 2026 Intel Summit will explore AI, cyber capabilities and more Private equity firm McNally Capital has made a majority investment in TENICA Global Solutions to enable TENICA to drive growth initiatives, stre...

Adjusted EPS rose 9 percent to $0.99, while operating income fell 11 percent on one-time costs tied to the planned MTS spinoff Backlog and options stood at $23 billion The MTS segment saw revenue slip 2 percent on the runoff of European Command contingency work KBR has posted second-quarter 2026 revenue of $2 billion, a...

Hughes will run PCI Federal’s AI practice and build out its advanced technology group His focus is moving agencies past AI experimentation into secure, mission-fit deployment He was a DARPA program manager from 2006 to 2011 and founded the agency’s Adaptive Execution Office PCI Federal has appointed Todd Hughes as vice president of AI st...

Parsons has posted $1.6 billion in Q2 2026 revenue with a 1.2x book-to-bill ratio Parsons CEO Carey Smith highlighted defense contract wins and M&A strategy Explore AI, digital engineering and more at the 2026 Navy Summit Parsons posted $1.6 billion in second quarter 2026 revenue, down 1 percent from the prior-year period, and ended the...

Each entry must pair a mature unmanned surface vessel with at least two drones able to strike and return a battle damage assessment The vessel needs at least a 200-nautical-mile reach and a minimum of 10-knot cruise speed DIU has set aside a separate $200 million for follow-on prototyping or production deals The Defense Innovation...

Matos handles information architecture, C4, and AI and data integration He has focused his career on technologies including cyber, EW, AI and intelligence Hear directly from Matos during his keynote at the 2026 Navy Summit on Aug. 27! Potomac Officers Club, the nation’s leading GovCon events and networking organization, is proud to announ...

The Navy has announced plans for a software engineering IDIQ recompete The planned contract spans a five-year base ordering period with no option years The 2026 Navy Summit will explore AI, digital engineering and more The U.S. Navy has announced its intent to award a single-award, follow-on indefinite-delivery/indefinite-quantity contract for softw...

The Defense Advanced Research Projects Agency has signed a $125 million agreement with PsiQuantum as part of the Quantum Benchmarking Initiative The agreement expands an existing relationship between the two parties on the evaluation and testing of PsiQuantum’s utility-scale hardware and other assets The company reached Stage C of the initiati...

Kratos has secured a $156 million sole-source DOE contract Kratos will deliver mobile C-UAS platforms under Project Solar Shield The 2026 Air and Space Summit will explore AI, Golden Dome and more Kratos Defense & Security Solutions has received a potential $156 million sole-source, indefinite-delivery/indefinite-quantity contract from the Depar...