Lockheed Martin reported $18.6 billion in fiscal 2025 third-quarter sales, up 9 percent from $17.1 billion in the same period last year, a record backlog of $179 billion and Q3 net earnings of $1.6 billion, or $6.95 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said it returned...
Granicus has acquired Indigov, combining advanced constituent relationship management and customer data platform technologies with Government Experience Cloud to help government agencies deliver more data-driven, personalized and responsive digital services. According to Granicus, the integration will enable governments to better understand citizen ...
EchoStar subsidiary Hughes Network Systems has completed the acquisition of Anderson Connectivity, an aerospace company specializing in design, engineering and manufacturing services. How will Anderson Connectivity’s Acquisition Impact Hughes? Hughes said Wednesday its acquisition of Melbourne, Florida-based Anderson Connectivit...
Government shutdown. The phrase immediately raises essential questions for federal employees: Am I required to work? Will I get paid? If so, when? GovCon Wire is here to help. The distinction of which federal employees are required to work during a shutdown, and when they’ll get paid, comes down to whether their work is classified as...
Steve Cubarney has been named executive vice president of sales at Xcelerate Solutions. Cubarney announced his appointment on LinkedIn Tuesday. Steve Cubarney’s Career Highlights Before joining Xcelerate Solutions, Cubarney spent more than seven years at Guidehouse. He served as partner and director of the defense and intel...
The U.S. Air Force has released a draft request for proposal for the program identified as “Andromeda,” seeking contractors to define, design and build technologies and space-based systems for the space domain awareness mission area. The service branch intends to select a minimum of five and up to 15 contractors under a multi-award indef...
Larx has added Ryan Lewis, CEO of Rancher Government Solutions, to its advisory board. “Ryan is a proven leader in AI, open-source innovation, and national security, helping bridge cutting-edge commercial technology with critical government missions,” Larx said in a LinkedIn post Wednesday. Who Is Ryan Lewis? Lewis currently leads R...
Dataminr has announced plans to acquire ThreatConnect, an intelligence management platform, in a deal valued at $290 million. What will Dataminr’s Acquisition of ThreatConnect Offer? Dataminr said Tuesday the acquisition aims to deliver artificial intelligence-powered tools to help customers detect threats, rank risks and respond fas...
RTX reported $22.5 billion in fiscal 2025 third-quarter sales, up 12 percent from the prior-year period and 13 percent organically, excluding divestitures. In an earnings release published Tuesday, the Arlington, Virginia-based aerospace and defense contractor said it recorded a total backlog of $251 billion, with $103 billion attributed to its defe...
Federal contracting offers businesses a unique path to stability, growth and purpose by partnering with one of the world’s largest and most reliable clients—the U.S. government. Each year, billions of dollars in federal contracts are awarded to companies of all sizes, fueling innovation, strengthening national infrastructure and supporting key i...
