Lockheed Martin reported $75 billion in 2025 sales, up 6 percent from $71 billion recorded the previous year, and ended the year with a record backlog of $194 billion. In an earnings release published Thursday, the Bethesda, Maryland-based aerospace and defense contractor said cash from operations was $8.6 billion and free cash flow was $6.9...
Ed Sheehan, Jr. will retire as president and CEO of Concurrent Technologies Corp., effective June 30, after a 33-year career with the organization, including 18 years in the top leadership role. CTC said Wednesday that Sheehan’s tenure helped position the nonprofit applied research and development firm as a key player supporting national secur...
Salesforce subsidiary Computable Insights, also known as Salesforce National Security, has secured a 10-year indefinite delivery/indefinite quantity contract valued at $5.6 billion from the U.S. Army to accelerate agentic artificial intelligence deployments across the Department of War. How Will the Contract Support Army Modernization? The com...
Potomac Officers Club has the privilege of announcing that Cameron Stanley, chief digital and artificial intelligence officer at the Department of War, will be a keynote speaker at its 2026 Artificial Intelligence Summit on March 18. At the event, which is regularly one of POC’s most popular and most-buzzed-about GovCon conferences, represent...
The Department of Veterans Affairs has started soliciting proposals for a potential 10-year, $700 billion multiple-award contract to provide Community Care Network, or CCN, services and healthcare resources for veterans through an established network of licensed healthcare providers and practitioners. As VA advances the CCN Next Gen Medical contract...
Accenture Federal Services has appointed Garrett Berntsen, a federal and industry technical leader, as chief artificial intelligence officer. The latest appointment highlights the ongoing movement of senior AI leadership across the federal and industry landscape. That broader evolution provides useful context for gatherings such as the Potomac Offic...
Microsoft has secured a $170.4 million task order to continue supporting the Cloud One program, a cornerstone of the Department of the Air Force’s enterprise cloud strategy. What Does Microsoft’s Cloud One Task Order Cover? The firm-fixed-price task order, issued by the U.S. Air Force Life Cycle Management Center as a sole-source award, ...
CACI International recorded a 5.7 percent year-over-year growth in revenues to $2.2 billion for the second quarter of fiscal year 2026 and closed the quarter with a total backlog of $32.8 billion, up 3.1 percent from the previous year’s $31.8 billion. CACI is sponsoring the Potomac Officers Club’s 2026 Defense R&D Summit. Explo...
The funds allotted by President Donald Trump’s reconciliation package last summer, dubbed the One Big Beautiful Bill Act, famously poured record amounts into the Department of Homeland Security and its various sub-agencies. But an underdiscussed benefactor is the office responsible for 5G and futureG at the Department of War. In an exclusive i...
PsiQuantum has appointed foreign policy and national security leaders Stephen Biegun, Ellen Lord and Chris Miller to its government advisory board. The company said Thursday the three new members will join Bob Sharp, a retired U.S. Navy vice admiral, on the board and leverage their decades of experience to help PsiQuantum forge partnerships across t...
