Lockheed Martin reported $75 billion in 2025 sales, up 6 percent from $71 billion recorded the previous year, and ended the year with a record backlog of $194 billion. In an earnings release published Thursday, the Bethesda, Maryland-based aerospace and defense contractor said cash from operations was $8.6 billion and free cash flow was $6.9...
Ed Sheehan, Jr. will retire as president and CEO of Concurrent Technologies Corp., effective June 30, after a 33-year career with the organization, including 18 years in the top leadership role. CTC said Wednesday that Sheehan’s tenure helped position the nonprofit applied research and development firm as a key player supporting national secur...
Data Systems Analysts appointed John Foley to succeed Frances Pierce as chairman of the board and CEO. The transition, effective Feb. 1, coincides with several other executive appointments, the company said Wednesday. Foley will oversee strategic growth, financial operations, contracts, procurement, IT and quality management. Pierce, who i...
IT consulting firm Arlo Solutions has appointed Venice Goodwine, former chief information officer at the Department of the Air Force, as CIO and artificial intelligence product owner. Goodwine’s appointment at Arlo comes as government agencies and contractors continue to expand the use of data and AI to support mission requirements. Those prio...
IonQ is set to acquire software and technology research and development company Seed Innovations to strengthen its quantum infrastructure and artificial intelligence-driven platform development. The transaction, announced by IonQ on Wednesday, will bring Seed’s expertise in machine learning, advanced software architecture and cloud migration i...
By Paul Rempfer, vice president of business development-defense at PCI Government Services The Manhattan Project’s greatest feat wasn’t just mastering the physics of the atom; it was the coordination of chemical plants, university labs and industrial giants to build a history-altering weapon in just three years. Today, the Golden Dome initiative...
The Air Force Research Laboratory has begun soliciting proposals for a potential eight-year, $10 billion multiple award contract, or MAC, vehicle to streamline the procurement of science and technology research services. As AFRL advances a new contracting vehicle to support science and technology research, industry interest in air and space prioriti...
Yuval Zilberman has been named chief information officer of Claroty, a cyber-physical systems protection company. Who Is Yuval Zilberman? Zilberman is a technology and cybersecurity executive with more than two decades of experience leading IT, data and security functions across highly regulated industries, including cybersecurity, telecom...
CACI International has secured a five-year task order with a potential value of $250 million from the U.S. Army to support the spectrum dominance efforts of the Capability Program Executive – Intelligence, Electronic Warfare & Sensors, or CPE IEW&S. CACI is a major sponsor of the Potomac Officers Club’s 2026 Defense R&D Summit on...
Empower AI has appointed Carlton Graves, a federal business development and capture leader, as vice president of capture and proposal management. Leadership shifts across the federal technology market continue as companies like Empower AI position themselves for future opportunities and engagement with government customers. Industry executives and s...
