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NASA’s Johnson Space Center is planning to increase the cumulative value of the Commercial Lunar Payload Services, or CLPS, contract from $2.6 billion to $4.2 billion. The space agency said in a SAM.gov notice Monday that it intends to issue a sole-source contract modification to ensure the continuity of all services supporting its missions. A...

The U.S. Army has awarded Anduril Industries a potential 10-year, $20 billion contract to consolidate the procurement of the company’s commercial IT platforms and related services as part of efforts to shorten procurement timelines, reduce administrative costs and speed up the deployment of capabilities to soldiers and government stakeholders....

BigBear.ai, provider of artificial intelligence decision intelligence, has closed fiscal 2025 with what CEO Kevin McAleenan, a three-time Wash100 winner, is calling “the strongest financial position in the company’s history.” McAleenan, who was appointed CEO since January 2025, highlighted in the company’s financial report pu...

GRVTY has appointed Peter Ranks, the first assistant director of the CIA for cyber intelligence, as chief strategy officer. At the CIA, Ranks led the Center for Cyber Intelligence and supported cyber mission initiatives across the intelligence enterprise, GRVTY said Monday. In his new role, he will oversee corporate strategy and help guide expansion...

Axiom Space has raised $350 million in new financing to advance development of its commercial space station and lunar spacesuits, the human space exploration company said Thursday. How Will Axiom Space Use the Funding? The investment will advance Axiom Station, intended to succeed the International Space Station, or ISS, and support production ...

SpaceX has acquired artificial intelligence company xAI as part of a push to combine the two companies under a single corporate structure to integrate AI development with space launch, satellite-based communications and related infrastructure. As SpaceX moves to integrate AI with space-based infrastructure, government and industry leaders continue t...

General Dynamics has recorded fourth-quarter net earnings of $1.1 billion and a revenue of $14.38 billion, with full fiscal year 2025 net earnings of $4.2 billion, an 11.3 percent year-over-year increase, and revenue of $52.55 billion, a 10.1 percent growth compared to fiscal 2024. Phebe N. Novakovic, the company’s chairperson and CEO and a ni...

Virtualitics announced on LinkedIn Tuesday that Craig Rosen has been appointed chief financial officer. What Will Craig Rosen Do at Virtualitics? In his new role, Rosen will lead the company’s financial planning, accounting, capital strategy, human resources, reporting and legal functions. He will collaborate with executive leadershi...

Thomson Reuters Special Services appointed Dana Barnes as president, effective Jan. 12, as part of efforts to drive the company’s growth and strategic development. The McLean, Virginia-based company said Barnes succeeds two-time Wash100 Award winner Steve Rubley, who steps down as CEO and president after nearly 15 years at ...

The Department of the Navy is preparing to increase the ceiling of its Financial Improvement Program IV multiple-award contract by $825 million, citing accelerated auditability mandates that require continued performance by incumbent vendors. According to a notice published Dec. 18 on SAM.gov, the Naval Supply Systems Command Fleet Logistics Center ...