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HII (NYSE: HII) saw its fourth-quarter revenue for 2022 rise by 5 percent to $2.8 billion compared with the prior-year period’s $2.67 billion, and recorded 10.7 billion in full-year revenue, up 12.1 percent from the previous year. The military shipbuilder said Thursday it recorded approximately $3.2 billion in Q4 new contract awards and ended the...

SpaceX President Gwynne Shotwell expects the company to generate revenue this year from its Starlink broadband satellite platform and Starship heavy-lift reusable launch vehicle, The Wall Street Journal reported Wednesday. Shotwell, a four-time Wash100 Award winner, added contract funds for NASA missions involving the Falcon 9 rocket and Dragon spac...

Robert Lightfoot, executive vice president of Lockheed Martin’s space business area, has been named to Executive Mosaic’s 2023 Wash100 list of highly esteemed leaders who shape the government contracting narrative at the intersection of federal and commercial sectors. This marks the third time that he has been recognized as a Wash100 Award winne...

Vernon Saunders, formerly a senior vice president of national intelligence at Science Applications International Corp. (NYSE: SAIC), has been appointed CEO at Freedom Consulting Group, according to a recent LinkedIn post. The former U.S. Air Force has three decades of experience in enterprise information technology and IT strategy development. Befor...

Since he began at Army Futures Command in 2020, Lt. Gen Thomas Todd has focused on aligning the Department of Defense’s technology arsenal with its fast-moving targets and battle demands. As deputy commanding general for acquisition and systems management, Todd is in charge of envisioning and leading research on the next generation of wa...

The Defense Logistics Agency has awarded approximately $3.5 billion in indefinite-delivery/indefinite-quantity contracts to 18 companies for fuel supply at military bases over a one-year period. Phillips 66, Petromax Refining– both with contracts amounting to more than $600 million– and the other 16 contractors were selected out of 28 bi...

Tim Murphy, a three-decade federal contracting veteran, has been named vice president of contracts at CGI’s (NYSE: GIB) federal subsidiary. His new role involves overseeing CGI Federal‘s integrated contract and subcontract teams, as well as an internal group that specializes in corporate contract vehicles and agreements, the IT and busin...

Leonardo has received a $91.9 million contract from a U.S. combatant command to modernize the avionics system of a fixed-wing aircraft that supports the missions of special operations forces. Under the Special Operations Command contract, the Italy-based defense and aerospace conglomerate will be responsible for designing, modifying, integrating and...