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Parsons reported $1.62 billion in third quarter fiscal 2025 revenue, down 10 percent year-over-year and 14 percent on an organic basis. Excluding its confidential contract, the defense and infrastructure engineering company achieved double-digit revenue growth of 14 percent and an organic revenue increase of 9 percent, driven by growth in its c...
By Chuck Brooks, president of Brooks Consulting International In today’s hyper-connected world, the systems and assets we take for granted—our power plants, water and wastewater systems, telecommunications networks, transportation systems, hospitals, financial institutions, food supply chains and the manufacturing base—are deeply interwove...
Mike Spagna has been promoted to president of HighPoint Digital. The Indianapolis-based IT and customer experience services provider said Spagna assumes the role with more than 20 years of experience in the federal contracting sector. He first joined HighPoint Digital in 2021 and most recently served as the company’s executive v...
Google has secured clearance from the Department of Justice to pursue its acquisition of cloud security company Wiz for approximately $32 billion, The Wall Street Journal reported Wednesday. DOJ recently indicated in a public document that it will end its investigation early, meaning it does not plan to challenge the merger. Wiz CEO on Clearing...
Bugcrowd has acquired Mayhem Security, a provider of artificial intelligence-enabled offensive security tools and services. Following the transaction’s completion, Bugcrowd said it will integrate Mayhem’s automation capabilities with its global hacker community to create an AI-powered, human-in-the-loop security testing platform. Financi...
Firefly Aerospace has finalized its $855 million acquisition of national security technology company SciTec, combining cash and stock as payment to SciTec’s owners. The deal, first announced in October, is part of Firefly’s efforts to expand its space and defense capabilities, including launch, ground and in-orbit mission services, for n...
By Kim Koster, Vice President of Industry Marketing at Unanet In the world of government contracting, your pipeline isn’t just a list of leads. It’s the heartbeat of your business. But managing that pipeline without a clear, consistent way to assess each opportunity is like flying blind in a competitive market where every decis...
Leidos reported record third-quarter revenue of $4.47 billion for fiscal year 2025, up 7 percent from the prior-year period, and attributed the growth to increased customer demand for innovative products in support of defense and national security missions. In an earnings release published Tuesday, the Reston, Virginia-based defense and IT services ...
Darktrace is expanding its executive committee with the appointments of Suman Raju as chief financial officer and Hein Hellemons as chief revenue officer. Raju and Hellemons will report to Darktrace CEO Jill Popelka, the company said Monday. “I’m thrilled to welcome Suman and Hein to the executive team,” Popel...
Intuitive Machines, provider of space technology and infrastructure services, has agreed to acquire Lanteris Space Systems, formerly Maxar Space Systems, from Advent International for $800 million. The transaction, which consists of $450 million in cash and $350 million in stock, is expected to close in the first quarter of 2026, Intuitive Machines ...
