By Venkatapathi “PV” Puvvada, CEO of NetImpact Strategies Understanding the Cost of Technical Debt in Federal IT The United States has long struggled with managing its financial debt—borrowing beyond its means, deferring payments and accumulating obligations that eventually come due. The same holds true for technical debt, the si...
The U.S. Air Force has named Leidos, Jacobs Government Services and 25 other companies as awardees of indefinite-delivery/indefinite-quantity contracts valued at $1.5 billion. The Department of Defense said Monday that the multiple-award contract comes with a five-year ordering period with an option of another five years. If the option period ...
KBR reported $2.1 billion in fiscal 2024 fourth-quarter revenue, up 23 percent from the prior-year period, and saw its full-year revenues increase 11 percent to $7.7 billion, reflecting a 9 percent organic growth. Q4, Full-Year Financial Highlights In an earnings release published Monday, the Houston-based engineering contractor said Q4 net income w...
By Kim Koster, Vice President of Industry Marketing at Unanet The world of federal contracting is in a state of transition, driven by shifting policy priorities, delayed contract awards and workforce changes within government agencies. Contractors who pivot in response to these evolving dynamics by proactively adjusting their business developme...
The Defense Health Agency’s Contracting Division-Professional Services has requested proposals for a potential $1.6 billion firm-fixed-price, cost-reimbursable contract to provide medical and dental readiness services. Remote Health Readiness Program-4 Contract According to the notice posted on SAM.gov Thursday, the selected vendor will p...
Parsons reported record fourth-quarter revenue of $1.7 billion, reflecting a 16 percent year-over-year growth, and noted that its full-year revenue for fiscal year 2024 jumped 24 percent to $6.8 billion, up 22 percent on an organic basis. Financial Highlights In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infra...
Katie Arrington, former South Carolina state lawmaker and a previous Wash100 awardee, has been named chief information security officer at the Department of Defense. She announced her appointment in a LinkedIn post published Tuesday. Katie Arrington’s Career Background Arrington served as CISO within DOD’s Office of the Under Secretary o...
The U.S. Army has awarded Bowhead Science and Technology a potential three-year, $103.6 million recompete contract to provide turnkey classroom sustainment and technology services for the service branch in support of the Enterprise Classroom Program. According to an award notice published Friday, ECP is a single-award, indefinite-delivery/inde...
Amentum reported $3.4 billion in first-quarter revenues for fiscal year 2025, reflecting a 2.3 percent increase on a pro forma basis driven by growth in the company’s digital and global engineering solutions segments. Q1 Fiscal 2025 Results In an earnings release published Tuesday, Amentum said its generally accepted accounting principles, or ...
J&J Worldwide Services, a CBRE government and defense business, has won a spot on a U.S. Army contract valued at approximately $259.9 million to support the renovation and modernization of critical medical facilities under the Medical Repair and Renewal, or MRR, program. In a statement published Wednesday, Patrick Roddy, CEO of J&J Worldwide...
