The promises of the second Trump administration — namely, reductions in bureaucratic redundancy and spending — have the government contracting industry sufficiently apprehensive about the prospects for funding in the year ahead, according to reporting by financial services company Raymond James. The organization has issued its monthly ...
Maximus reported $1.4 billion in fiscal year 2025 first-quarter revenue, up 5.7 percent from the prior-year period, and organic growth of 6.3 percent due to contributions from the U.S. federal services segment. In an earnings release published Thursday, the Tysons, Virginia-based government services contractor said its operating margin for the first...
Dawn Golightly has been appointed vice president of Lockheed Martin‘s upper-tier integrated air and missile defense, or UTIAMD, programs. Golightly announced her appointment in a LinkedIn post on Monday. The move comes after the Missile Defense Agency awarded Lockheed a $2.8 billion recompete contract to develop the Terminal High Al...
SpaceX, an aerospace manufacturing company based at Starbase in Texas, has been awarded a task order by NASA to provide the launch service for the Pandora mission. NASA said Monday the selection of SpaceX is part of the agency’s Venture-Class Acquisition of Dedicated and Rideshare program. The VADR launch services contract looks to enable NAS...
5G connectivity has the potential to mitigate latency and enable large amounts of data to pass through communications systems, a bonus for the military. But so too do non-terrestrial networks — which are facilitated not by cellular towers but rather arrays of satellites — as long as they are situated in low Earth orbit rather than...
Chenega has appointed Peter Nosek as senior vice president, chief legal officer, and chief ethics and compliance officer. The Alaska native corporation also named Kris Singleton president of its Astraeus Operations subsidiary, according to the executive’s Linkedin post. Astraeus Operations, established in 2021, provides IT, cyber and engineeri...
The U.S. Army has awarded Bowhead Science and Technology a potential three-year, $103.6 million recompete contract to provide turnkey classroom sustainment and technology services for the service branch in support of the Enterprise Classroom Program. According to an award notice published Friday, ECP is a single-award, indefinite-delivery/inde...
HII reported $3 billion in fourth-quarter revenues for fiscal 2024 and saw its full-year revenue increase 0.7 percent to $11.5 billion. In an earnings release published Thursday, the military shipbuilding company logged $12.1 billion in new contract awards and ended the year with a total backlog of approximately $48.7 billion. HII recorded quarterly...
Honeywell has announced plans to separate its automation and aerospace technologies businesses into two standalone public entities as the multinational conglomerate continues to simplify its operating structure and optimize its portfolio to drive growth. The move came four months after Honeywell announced plans to spin off its advanced material...
Mike Marshall, a former principal and health market business leader at Booz Allen Hamilton, has joined technology consulting and partner training provider Fedstack as senior vice president for client solutions. The company said Thursday Marshall’s hiring is geared toward establishing its position as an integral partner to federal clients. R...
