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HII (NYSE: HII) released its recent financial results and achieved several milestones in the third quarter of 2023. In the three months that ended Sept. 30, 2023, total revenues during the quarter increased 7.2 percent to $2.81 billion versus Q3 2022, a new third-quarter record, while new contract awards hit $5.4 billion. The company said...
The U.S. Agency for International Development has awarded seven companies spots on a potential five-year, $800 million contract to provide services in support of USAID’s regional and bilateral programs in Latin America and the Caribbean. USAID announced the awardees for the Central America Regional Support Services indefinite-delivery/indefinite-q...
Aeyon will help the Office of the Secretary of Defense for Acquisition and Sustainment integrate robotic process automation to facilitate data collection and management, automate business processes and analyze large volumes of procurement data across Department of Defense systems under a potential five-year, $108.9 million task order. The company sa...
Julie Vida, a professional with an extensive career including U.S. Navy service and technology and defense industry leadership roles, has assumed the position of vice president of growth for the defense sector at ManTech, according to her LinkedIn post published Tuesday. She joined the federal technology services company after she worked a...
Northrop Grumman (NYSE: NOC), Blane International Group and Global Military Products have won spots on a potential five-year, $490 million contract to provide special ammunition and weapons systems for the U.S. Army. Army Contracting Command received six offers for the firm-fixed-price contract through an online solicitation, the Department of Defen...
The Department of Veterans Affairs has awarded 30 companies positions on a potential 10-year, $60.7 billion contract vehicle for information technology products and services. The multiple-award Transformation Twenty-One Total Technology Next Generation 2 contract covers cybersecurity, health care IT, strategy planning, enterprise network engineering...
Forcepoint Global Governments and Critical Infrastructure has appointed five cybersecurity industry veterans to its leadership team nearly a month after it was acquired by global alternative asset management firm TPG (Nasdaq: TPG). Joseph Bell, former senior director of information security at Verisign, has joined Forcepoint G2CI as chief informatio...
The shares of Leidos (NYSE: LDOS) jumped nearly eight percent on the last trading day of October after the defense contractor presented its third quarter of fiscal year 2023 results. In the three months that ended Sept. 29, 2023, revenues rose nine percent to $3.9 billion versus Q3 2022. The total backlog at the quarter’s...
Kathryn Simpson, an 11-year Northrop Grumman (NYSE: NOC) executive, has assumed the corporate vice president and general counsel role at the Falls Church, Virginia-headquartered aerospace and defense contractor, according to a LinkedIn post published Tuesday. She was elevated to the post after serving as VP and associate general counsel of Northrop&...
Shield AI, which is developing an artificial intelligence pilot for aircraft, has secured $200 million in a round of Series F financing led by U.S. Innovative Technology Fund and co-led by Riot Ventures. ARK Invest, Disruptive and Snowpoint participated in the oversubscribed funding round, which brings Shield AI’s valuation to $2.7 billion. “Thi...
