HII (NYSE: HII) released its second quarter 2024 results that showed growth across all core business segments. The shipbuilder said Thursday its consolidated revenue rose 6.8% year-over-year to a record $2.97 billion, while net income climbed 33.1% to $173 million compared to Q2 2023. Chris Kastner, president and CEO of HII, shared, “Mission T...
CACI International (NYSE: CACI) has secured a $319 million task order to impart its expertise on intelligence systems to the U.S. Army. The information technology company said Wednesday it was chosen to fulfill a five-year work aimed at supporting an Army office in establishing and maintaining an advanced and on-demand environment. The pla...
The Cybersecurity and Infrastructure Security Agency has appointed Lisa Einstein, most recently senior adviser for artificial intelligence at CISA, as its first chief AI officer. CISA said Thursday the appointment reflects the agency’s commitment to advancing the responsible use of AI to meet its cyber defense mission and assist critical infra...
Tria Federal, a middle-market tech and advisory services firm, has established a new group to build and test emerging technologies designed to address the challenges facing federal government customers. The company said Thursday Tria Federal Chief Technology Officer John Cho and a team of engineers, technologists and developers will lead the tech in...
The U.S. Navy has set the stage for sweeping changes in the coming years. With a reinvigorated focus on science and technology, a detailed plan for cyber operations and new ideas for its organizational structure, the Navy is on track for a major transformation. Dive into the Navy’s most important initiatives at the Potomac Officers...
Parsons (NYSE: PSN) posted a record revenue of $1.7 billion during the second quarter of 2024, reflecting a year-over-year growth of 23 percent, and ended the quarter with a total backlog of $8.8 billion with a book-to-bill ratio of 0.9x on net bookings of $1.5 billion. The Centreville, Virginia-based defense and infrastructure engineering company s...
5G is transforming communications around the world. But is the U.S. keeping up with adversaries in this critical technology area? Are we adopting 5G in the battlespace quickly enough to outpace threats? What’s next for 5G? We sat down with General Rob Spalding to find out. Hear Gen. Spalding speak at the Potomac Officers Club’s...
CGI’s (NYSE: GIB) U.S. government arm has agreed to acquire Aeyon to expand its portfolio of technology offerings and relationships with U.S. military agencies and other critical national security customers. CGI Federal said Tuesday both parties expect the transaction to conclude in the fourth quarter of fiscal year 2024, pending regulatory cleara...
Leidos (NYDE: LDOS) has elevated Ron Keesing to the role of chief artificial intelligence officer, responsible for driving strategic company initiatives focused on developing and delivering AI products and services to customers. The chief AI officer has more than two decades of experience in AI, machine learning and analytics, and formerly served as...
Parsons (NYSE: PSN) has agreed to buy BlackSignal Technologies for approximately $200 million to broaden its cybersecurity, artificial intelligence and electronic warfare capabilities and its client base across the Department of Defense and Intelligence Community. Chantilly, Virginia-based Parsons said Tuesday it expects the transaction to be comple...
