Iridium Communications saw its fiscal 2025 second-quarter revenue climb 8 percent to $216.9 million and reported $121.3 million in Q2 operational EBITDA, or earnings before interest, taxes, depreciation and amortization, reflecting a 6 percent year-over-year increase from the prior-year period. In an earnings release published Thursday, the McLean, ...
The Naval Supply Systems Command has awarded Toll Remote Logistics a position on a potential 10-year, $1.9 billion firm-fixed-price, indefinite-delivery/indefinite-quantity contract to support global military logistics under the Worldwide Expeditionary Multiple Award Contract 2.0. Join the 2025 Navy Summit, where naval and maritime leaders will disc...
AECOM has received three contracts worth more than $400 million combined from the U.S. Army Corps of Engineers, or USACE, Honolulu District to provide modernization support for critical infrastructure across the Pacific region. USACE Architect-Engineer IDIQ Contracts The company said Monday the indefinite-delivery/indefinite-quantity contracts will ...
The Department of Veterans Affairs has awarded a potential five-year, $276 million contract to a joint venture of ThunderYard and Booz Allen Hamilton to meet VA’s data and analytics requirements. According to a notice published Wednesday on the Federal Procurement Data System-Next Generation, VA received 16 offers for the Data and Analytics In...
Hadrian, a company specializing in artificial intelligence-powered factories, has secured $260 million in capital to construct new facilities to expand manufacturing and research and development capabilities for shipbuilding and naval defense production. The California-based advanced manufacturing company said Thursday the investment, which com...
The Center for Strategic and International Studies will announce today the appointment of Jerry McGinn, a GovCon thought leader and a three-time Wash100 awardee, as the inaugural director of the Center for the Industrial Base, formerly the Defense-Industrial Initiatives Group. Leading the CSIS Center for the Industrial Base According to a press rele...
ASRC Builders-Caddell has secured a $290.3 million contract from the U.S. Army to construct the Joint Integrated Test and Training Center at Joint Base Elmendorf-Richardson in Alaska. The U.S. Army Corps of Engineers has obligated $110.9 million in fiscal year 2025 military construction funds at the time of the award, the Department of Defense said...
Applied Information Sciences, or AIS, a provider of cloud and artificial intelligence technologies for the federal government, has acquired Dorrean. AIS said Thursday that the transaction is part of its efforts to expand its presence in the U.S. federal market and is in line with its goal of investing in high-impact mission areas. What i...
Artificial intelligence startup xAI has unveiled a suite of frontier AI products, dubbed Grok For Government, designed to support the critical missions of the U.S. government. Under the Grok For Government umbrella, the company said Monday it will bring frontier AI models like Grok 4 and commercial offerings such as Deep Search and Tool Use...
Summit 7 has welcomed Bill Wilshire as its new chief delivery officer, a strategic move that underscores the company’s focus on delivering exceptional results to clients in the areas of cybersecurity, compliance and managed services. Wilshire steps into the role with over 25 years of experience in IT services, security and managed solutions, Summi...
