Leidos (NYSE: LDOS) recorded fiscal 2022 second quarter revenue of $3.60 billion, up 4 percent from the same period a year ago. The Reston, Virginia-based company said net income for the quarter rose to $172 million or $1.24 per share and total backlog as of June 30 was $34.7 billion with $7.5 billion funded. All...
In recent years, the Department of the Air Force has made significant strides in its modernization journey, but the service is still dealing with lingering issues, alongside emerging ones, as it continues to stretch its area of responsibility over two of the world’s largest, most quickly evolving domains. The DAF’s number one challenge today is...
The State Department has cleared a potential $397 million purchase request from the government of Kuwait for missiles, bombs, tail kits and other equipment in support of its Eurofighter Typhoon aircraft fleet. The potential foreign military sales transaction will include 60 AIM-120 C-7/8 Advanced Medium Range Air-to-Air Missiles, several hundred MK-...
Leslie Hubbard-Darr, a 30-year corporate strategy and program management leader, has joined T-Rex Solutions as vice president of national security growth. She will oversee business development, capture and growth initiatives within national security agencies, including the departments of Defense and Homeland Security, Dab Kern, executive vice ...
Estonia will receive up to six M142 High Mobility Artillery Rocket System launchers as well as related equipment and support from Lockheed Martin (NYSE: LMT) under a potential $500 million Foreign Military Sales deal recently cleared by the State Department. The proposed transaction also includes the sale of missile pods for the Guided Multiple Laun...
A Bechtel-led entity has won a potential 10-year, $3 billion contract from the Department of Energy to manage and operate the only domestic facility for disposal of defense-generated transuranic waste. DOE said Monday Tularosa Basin Range Services will oversee centralized characterization, transportation, experimental and testing and program support...
L3Harris Technologies (NYSE: LHX) has canceled plans to acquire Israel-based spyware manufacturer NSO Group after negotiations drew opposition from the White House due to national security and counterintelligence concerns, The New York Times reported Sunday. NSO’s spyware, dubbed Pegasus, can hack the mobile phones of users to extract messages, ph...
In the wake of President Biden’s fiscal year 2023 budget request, Executive Mosaic sat down with GovCon Expert Jim McAleese, principal and owner of McAleese and Associates and a previous Wash100 Award recipient, to get a comprehensive breakdown of the FY23 defense budget and understand which programs, military branches and initiatives rank among t...
Jordan Parsons, an industry veteran with over 16 years of experience supporting federal civilian agency customers, has joined ICF (Nasdaq: ICFI) to oversee programs with the National Institutes of Health and the Food and Drug Administration as vice president for public health, GovCon Wire has learned. In this capacity, she will lead efforts to deliv...
Army CIO Raj Iyer, a 2022 Wash100 Award recipient, opened Wednesday’s Second Annual Army IT and Digital Transformation Forum, with an engaging and informative keynote address covering the challenges in talent recruitment and the immediate need for digital transformation efforts to drive the Army toward its 2030 modernization and strategic objec...
