X-Bow Systems announced that Lockheed Martin made a significant investment in the company during its recently concluded Series B funding round. The non-traditional producer of advanced manufactured solid rocket motors and defense technologies said Monday that it raised over $105 million. In line with the investment, Lockheed Martin entered a s...
RTX has secured a $2.13 billion contract modification from the Missile Defense Agency for engineering and product support services to sustain Standard Missile-3 Block missile variants. Scope of Standard Missile-3 Block Missile Support Contract The Department of Defense said Monday the potential contractor will provide management support, materi...
Maximus posted fiscal year 2025 second-quarter revenue of $1.36 billion, up 1 percent from the prior-year period, and organic growth of 3 percent due to the strong performance of its U.S. federal services segment. In an earnings release published Thursday, the Tysons, Virginia-based government services contractor said it recorded $1.69 in diluted ea...
The U.S. Navy has awarded spots under its $240 million firm-fixed price, multiple-award contract to six companies. Under the contract, the companies will provide radiological services to the Naval Facilities Engineering Systems Command, the Department of Defense said Thursday. Contract Details NAVFAC requires radiological services to supp...
The United States Space Force’s Space Systems Command has awarded contracts to CACI, General Atomics and Viasat to develop the Enterprise Space Terminal Phase 2 prototypes. The SSC said Thursday the three companies will develop space laser communication terminal prototypes in Phase 2 of the $100 million EST program. Enablin...
AECOM Technical Services, Jacobs Government Services and five other companies have secured a spot in the U.S. Army’s $249 million multiple-award contract for energy system design, engineering, commissioning and planning services. The companies will compete for task orders under the firm-fixed-price, the Department of Defense said Tuesday. Cont...
Pete Hegseth, secretary of defense and 2025 Wash100 Award winner, has in the last week announced sweeping changes to the U.S. Army in an effort to streamline and cut unnecessary programs and outdated systems. Hegseth calls the set of changes a “comprehensive transformation” and they come as the service branch looks to firm up its re...
By Aparna Achanta, Principal Security Lead, IBM Risk management in organizations is more than a routine checkbox exercise. Instead, it is the foundation of business resilience. What is the impact of security risks? Failing to implement appropriate and proportionate security measures can result in data breaches, infrastructure lapses ...
Software company Elastic has appointed industry leaders Chris Townsend and Darryl Peek as global vice president of public sector and VP of partner sales for the U.S. public sector, respectively. Townsend and Peek announced their new leadership positions in separate LinkedIn posts. In addition to his role as global VP, Townsend will serve as presiden...
Leidos has been awarded a $205 million contract to provide services in support of the modernization and operation of IT systems for the Defense Threat Reduction Agency, or DTRA, enterprise. Bolstering Defense Against Emerging Threats The Reston, Virginia-based company said Monday the five-year DTRA Integrated Information Technology Support...
