Seekr Technologies has named Lloyd Cope, an industry leader in enterprise and defense-focused artificial intelligence technologies, chief revenue officer. Seekr is sponsoring the Potomac Officers Club’s 2026 Artificial Intelligence Summit. Be part of the discussion on March 19 with top voices from federal agencies and the GovCon industry as th...
Vulcan Elements has formed a $1.4 billion partnership with the U.S. government and ReElement Technologies to expand a fully domestic, vertically integrated supply chain for rare earth magnets. Boosting National Security & Defense Capabilities Vulcan said Monday it will build and operate a 10,000-metric-ton magnet production facility in the U.S.,...
Matthew Orsino has been named chief growth officer at Precise Systems. The Lexington Park, Maryland-based company said Monday Orsino will oversee business development, customer engagement and strategic initiatives across its defense and technology portfolios. “Matt’s proven leadership and deep understanding of the Department of Defe...
SpaceX is reportedly poised to receive a potential $2 billion contract from the Department of Defense for a satellite constellation effort tied to the Trump administration’s Golden Dome next-generation missile defense shield project, The Wall Street Journal reported Friday. Join us at the Potomac Officers Club’s 2026 Defense R&D Summ...
KBR reported $1.9 billion in revenue during the third quarter of fiscal year 2025 and recorded $4.2 billion in Q3 bookings and options with a book-to-bill of 1.4x on a trailing 12-month basis. In an earnings release published Thursday, the Houston-based engineering contractor said Q3 net income was $115 million and adjusted earnings before interest,...
An undisclosed buyer has signed a definitive agreement to acquire Varec, a wholly owned subsidiary of Leidos, for an undisclosed sum. Leidos said Thursday the transaction is expected to be finalized in the fourth quarter of 2025, subject to customary closing conditions. The move supports Leidos’ ongoing portfolio optimization efforts und...
Iridium Communications reported a 7 percent year-over-year increase in revenue to $226.9 million for the third quarter of 2025, reflecting continued growth in recurring service revenue and strong operational execution across its government and commercial businesses. In its earnings release published Thursday, the McLean, Virginia-based satelli...
CACI International reported an 11.2 percent year-over-year increase in revenues to $2.3 billion during the first quarter of fiscal year 2026 and ended the quarter with a total backlog of $33.9 billion, up 4.6 percent from the previous year’s $32.4 billion. In an earnings statement published Wednesday, the Reston, Virginia-based government technolo...
Government shutdown. The phrase immediately raises essential questions for federal employees: Am I required to work? Will I get paid? If so, when? GovCon Wire is here to help. The distinction of which federal employees are required to work during a shutdown, and when they’ll get paid, comes down to whether their work is classified as...
Steve Cubarney has been named executive vice president of sales at Xcelerate Solutions. Cubarney announced his appointment on LinkedIn Tuesday. Steve Cubarney’s Career Highlights Before joining Xcelerate Solutions, Cubarney spent more than seven years at Guidehouse. He served as partner and director of the defense and intel...
