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Boeing’s defense, space and security, or BDS, business reported $6.6 billion in fiscal 2025 second-quarter revenue, up 10 percent from the prior-year period, and posted an operating margin of 1.7 percent. In an earnings release published Tuesday, the BDS segment ended the second quarter with a backlog of $74 billion, with customers outside the...
The FBI has awarded Leidos a $128 million task order to modernize the Next Generation Identification system, the world’s largest electronic repository of biometric and criminal history data. The Potomac Officers Club’s 2025 Intel Summit will bring together the Intelligence Community’s top leaders to provide their insights into the ...
Firefly Aerospace has launched an initial public offering roadshow with plans to offer 16.2 million shares of common stock priced at $35 to $39 per share. The company said Monday it also intends to give the underwriters a 30-day option to buy an additional 2.43 million shares of its common stock at the initial offering...
Booz Allen Hamilton reported $2.9 billion in revenue for the first quarter of fiscal year 2026. In an earnings release published Friday, the McLean, Virginia-based IT company said its revenue saw a slight dip of 0.6 percent year-over-year. However, the adjusted net income increased by 2.2 percent from the previous year. Meeting Company Expectations ...
General Dynamics Information Technology landed a $98 million contract modification from the Defense Information Systems Agency to continue providing acquisition, integration, installation, operations and maintenance services for communications systems supporting the U.S. Air Forces Central Command, or USAFCENT, deployed missions. Communications...
Former CACI executive Diana Leadbetter has joined Clarity Innovations as chief human resources officer. She announced the appointment in a LinkedIn post on Monday. Who Is Diana Leadbetter? Leadbetter most recently served as senior vice president of human resources at CACI, where she led one of the three sectors responsible for the development and ex...
Iridium Communications saw its fiscal 2025 second-quarter revenue climb 8 percent to $216.9 million and reported $121.3 million in Q2 operational EBITDA, or earnings before interest, taxes, depreciation and amortization, reflecting a 6 percent year-over-year increase from the prior-year period. In an earnings release published Thursday, the McLean, ...
Siemens Industry has booked a $99.3 million requirements, indefinite-delivery contract from the U.S. Air Force for the Switchgear Replacement Effort. Register now for the Potomac Officers Club’s 2025 Air and Space Summit on July 31 to get some insights on critical air and defense initiatives to strengthen national security. Switchgea...
The Department of Defense has terminated its draft solicitation for the Advancing Artificial Intelligence Multiple Award Contract, or AAMAC. In a notice published Wednesday on SAM.gov, DOD noted that the AAMAC program is “currently on hold.” Draft RFP for Advancing AI Multiple Award Contract AAMAC is a potential 10-year, $15 billion inde...
Artificial intelligence company Knexus has completed its acquisition of S4, a small business specializing in enterprise IT, cybersecurity, intelligence analysis and national security. Expanding AI Offerings Knexus said Thursday the move bolsters its proprietary AI technology portfolio by integrating S4’s expertise in enterprise IT se...
