A global health crisis is what it took for agencies under the Department of Defense to consider adopting a unified enterprise that can support centralized systems for email and office applications. Danielle Metz, deputy CIO for information enterprise at the DOD, said in a June 1 interview with Federal News Network that the experience of...
Northrop Grumman (NYSE: NOC) reported a 3 percent increase in revenue for the second quarter of its 2021 fiscal year to $9.2 billion from the prior year period and lifted its full-year earnings and sales guidance Thursday. Revenue for the space business came in at $2.7 billion, up 34 percent from the same period last...
Boeing’s (NYSE: BA) defense, space and security business reported $6.87 billion in sales during the second quarter of 2021, reflecting a 4 percent increase from the prior-year period. The company said Wednesday the BDS segment’s revenue jump for the quarter was driven by a higher volume on KC-46A tanker and P-8A Poseidon maritime patrol aircraft...
SAS looks to streamline select operational processes, enhance financial reporting structure, increase focus on segments with growth potentials and begin other preparations for initial public offering by 2024. Jim Goodnight, cofounder and CEO of SAS, said in a statement published Thursday the company’s move toward IPO preparedness is built on i...
General Dynamics (NYSE: GD) posted flat internal revenue of $9.2 billion for the second quarter of its 2021 fiscal year and net earnings of $737 million, a 17.9 percent increase from the same period last year. The Reston, Virginia-based defense contractor said Wednesday its earnings were $2.61 per diluted share for the quarter and cash...
TYSONS CORNER, VA, July 30, 2021 — Comcast‘s (Nasdaq: CMCSA) government services arm will provide the Defense Information Systems Agency with Ethernet-based services for Commercial Ethernet Gateway’s regions four and five under two recently awarded contracts worth $155.8 million in combined value, ExecutiveBiz reported July 20. The mod...
The National Nuclear Security Administration is seeking potential vendors to participate in an upcoming solicitation for managed information technology and cybersecurity services. A presolicitation notice posted on SAM.gov says NNSA’s Office of the Chief Information Officer intends to procure contractor services to modernize classified a...
Data center colocation services provider Cyxtera Technologies will start trading Friday on Nasdaq after it completed its merger with blank check company Starboard Value Acquisition Corp. (Nasdaq: SVAC). Both parties first announced the $3.4 billion merger deal in February and Cyxtera said Thursday SVAC’s stockholders approved the combination durin...
Artificial intelligence technology company Shield AI has agreed to purchase Plano, Texas-based unmanned aircraft system maker Martin UAV in a strategy to integrate autonomy software into the latter’s vertical takeoff-and-landing platform for air defense applications. The two companies said Wednesday that Shield AI plans to combine its Hivemind...
Noblis has formed a new subsidiary following its acquisition of McKean Defense Group with the goal to offer integrated mission services to the U.S. Navy and other military agencies. The Noblis MSD business, which includes former Mckean affiliate Cabrillo Technologies, aims to support Department of Defense customers in emerging technology areas such ...
