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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...

The two-year base period runs $68.8 million, climbing to $606.5 million if all five one-year options are exercised MDA placed the order through the Air Force’s Enterprise-Wide Agile Acquisition Contract Northrop will supply simulation and threat-modeling tools that could predict potential attack scenarios Northrop Grumman has received a task o...

The merger implies a $638 million pro forma equity value and $370 million enterprise value for Space-Eyes The combined company will keep the Space-Eyes name and plans to trade on Nasdaq under the ticker CUAS The company’s CATE AI engine fuses radar, RF and satellite feeds into a single air picture Geospatial intelligence and counter-drone...

Tyler Technologies has closed its acquisition of public safety software provider CODY Systems The deal will give Tyler rights to CODY Systems’ Pathfinder RMS cloud-native records management software and COBRAnet platform CODY Systems has been a privately held, woman-owned family business for over 40 years Tyler Technologies announced Friday th...

HII posted $3.4 billion in fiscal 2026 second-quarter revenue The company logged $6.7 billion in new contract awards, bringing total backlog to $57.3 billion The 2026 Navy Summit will explore AI, shipbuilding, digital engineering and more HII reported $3.4 billion in fiscal 2026 second-quarter revenues, up 10.9 percent year-over-year, and ended the ...

Kleiner Perkins and ICONIQ led the round, joined by CapitalG, Lightspeed, ARK Invest and others The Space Force awarded K2 a $22.9 million contract for two Enterprise Space Terminals CEO Karan Kunjur said the raise positions K2 to build up to 100 large satellites a year Satellite manufacturer K2 Space closed a $500 million Series...

Brandon Spencer has joined Compass Strategy Design as CFO and will oversee the company’s financial management and stewardship functions Spencer brings more than a decade of financial leadership experience with government contracting and defense-sector companies He most recently served as finance director at Anduril following its acquisition of...

The all-cash transaction, valued at $450 million, is expected to close in the fourth quarter of 2026 pending regulatory approval Raft’s technology uses AI and open-architecture software to fuse data from multiple sources and support real-time decision-making The acquisition strengthens Leonardo DRS’ push into software-driven mission capa...

CACI has landed a $500 million contract to deliver its SkyValor counter-drone technology to Joint Interagency Task Force 401 The three-year indefinite-delivery, indefinite-quantity contract will enable the company to push SkyValor to full-rate production JIATF-401 had ordered four SkyValor units in a separate contract CACI announced Thursday that it...

The Senate has approved a resolution advancing Roger Mason’s NRO nomination Mason joined V2X in 2025 as chief growth officer The 2026 Intel Summit will explore AI, OSINT and cybersecurity The Senate has moved to advance the nomination of V2X Chief Growth Officer Roger Mason to serve as director of the National Reconnaissance Office. As...