Parsons reported $6.4 billion in revenue for fiscal year 2025, while achieving record adjusted EBITDA and net income for the full year. How Did Parsons Perform Financially in Fiscal Year 2025? In an earnings release published Wednesday, the Chantilly, Virginia-based disruptive technology provider said total revenue of $6.4 billion showed a 6 pe...
McLean, Virginia-based Xcelerate Solutions has promoted Chief Risk Officer Danny Olmes to president of aviation security. The company said Tuesday Olmes will lead strategic growth initiatives, operations and delivery efforts in support of the Transportation Security Administration’s programs and partnerships with federal agencies, industry par...
Parsons has received a potential five-year, $125 million task order from the U.S. Army to provide research, development and technical services for the service’s Combat Capabilities Development Command Army Research Laboratory, or DEVCOM ARL. The recent award reflects continued collaboration between the Army and industry to advance research and...
American Systems has secured a follow-on contract valued at $172.7 million to continue supporting the Naval Surface Warfare Center Indian Head Division’s Demonstration and Assessment Team. The award includes a one-year base period and four one-year options, the company said Tuesday. This latest contract award demonstrates the Navy’s comm...
Leidos has been awarded a $142 million contract to support the modernization of IT operations of the Compartmented Enterprise Services Office, or CESO, within the Defense Information Systems Agency. Potomac Officers Club’s 2026 Digital Transformation Summit on April 22 brings together senior officials driving government IT modernization, ...
KBR has been awarded two task orders worth $103 million to boost strategic decision-making and capability development for the U.S. Space Force. Secured under the Decision Support for Headquarters USSF Analysis contract, the firm-fixed-price awards will provide critical support for personnel readiness across the Space Force and the Department of the ...
Potomac Officers Club has secured two of the most influential public sector AI leaders in the market today as keynote speakers for its 2026 GovCon Executive Leadership Summit, underscoring the event’s ambition to become what many are calling the “Davos of GovCon.” Joe Larson, vice president and head of government at OpenAI and a ne...
Iron Legion JV, a joint venture tied to General Dynamics Information Technology and service-disabled veteran-owned small business Legion Systems, has won a $265.2 million indefinite-delivery/indefinite-quantity contract to provide intelligence support services for U.S. Special Operations Command. The cost-plus-fixed-fee and cost-reimbursable award i...
Lockheed Martin has received a $249 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy to support the Surface Electronic Warfare Improvement Program, or SEWIP, Block II, a system designed to counter anti-ship missile threats. Don’t miss the Potomac Officers Club’s 2026 Navy Summit on Aug. 27. Hear direc...
Eutelsat Network Solutions, a wholly owned, independent U.S. proxy company and subsidiary of Eutelsat, has elected Jill Singer as chair of the board and appointed Jim Slife to its board of directors, the company announced Wednesday. Who Is Jill Singer? Singer, a 30-year government technology and national security veteran, will succeed...
