RTX reported $21.6 billion in sales during the second quarter of 2025, marking a nine percent year-over-year growth. Q2 2025 Highlights In an earnings statement published Tuesday, the aerospace and defense company reported a backlog of $236 billion at the end of the quarter, up 15 percent compared to the same period in 2024. This...
A Northrop Grumman business has received a potential five-year, $495 million contract from the U.S. Air Force to provide technical representative engineering support for major defense programs. Hear experts discuss the air and space branches’ latest contracting opportunities, tech advancements and more at the Potomac Officers Club’s 2025...
David Broadbent, a former Intelsat and Raytheon executive, was officially appointed president and CEO of SES Space & Defense on July 17. Catch David Broadbent at the Potomac Officers Club’s 2025 Air and Space Summit on July 31 as he and other government contracting leaders discuss the latest air and space initiatives. The R...
Global artificial intelligence and cybersecurity firm Palo Alto Networks has finalized the acquisition of Protect AI, a company specializing in securing AI applications and models. Enhancing AI Security Capabilities Palo Alto Networks said Tuesday it will integrate Protect AI’s technology and expertise into its Prisma AIRS AI se...
Lockheed Martin reported $18.2 billion fiscal 2025 second-quarter sales, a total backlog of $166.5 billion and Q2 net earnings of $342 million, or $1.46 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said its cash from operations was $201 million during the second quarter of 2025, d...
By Chris Burton, executive vice president of experiences and design at Sign In Solutions For government contractors, the stakes are astronomically high when it comes to securing their buildings and the people within them, along with their digital infrastructure and the data stored there. A breach could mean lost intellectual property, costly operati...
Chris Brady, president of General Dynamics Mission Systems, has officially accepted the 2025 Wash100 Award. Brady recently met with Executive Mosaic CEO Jim Garrettson, who personally congratulated the GDMS leader for his sixth consecutive Wash100 win. “Chris returns to the Wash100 for the sixth time, a reflection of his enduring influence and exc...
Booz Allen Hamilton has increased to $300 million its capital commitment to its venture capital arm as part of efforts to drive U.S. innovation through investments in early-stage technology companies with tech capabilities that could transform U.S. government missions. The company said Monday it expects Booz Allen Ventures to make 20 to 25 new inves...
QinetiQ US has appointed Scott McGleish as its new chief growth officer to accelerate its expansion into strategic growth areas, particularly within defense and national security sectors. Who Is Scott McGleish? McGleish steps into the role with more than three decades of senior executive experience in aerospace and defense development and profit and...
The Department of Veterans Affairs has awarded a potential five-year, $276 million contract to a joint venture of ThunderYard and Booz Allen Hamilton to meet VA’s data and analytics requirements. According to a notice published Wednesday on the Federal Procurement Data System-Next Generation, VA received 16 offers for the Data and Analytics In...
