Science Applications International Corp. saw its revenue grow 4.3 percent to $1.98 billion and reported net bookings of $1.5 billion with a book-to-bill ratio of 0.7 during the third quarter of its fiscal year 2025. In an earnings statement published Thursday, the Reston, Virginia-based government technology services contractor said its Q3 net incom...
Guidehouse has appointed John Saad, defense and security industry leader, as president and Chief Financial Officer Debbie Ricci as chief financial and administrative officer. John Saad’s Appointment as Guidehouse President The McLean, Virginia-based consulting firm said Saad will report directly to Guidehouse CEO Scott McIntyre and overse...
HII has announced its intent to acquire the assets and workforce of the South Carolina-based complex metal fabricator W International SC and Vivid Empire SC. The shipbuilder said Wednesday that the transaction will increase its capacity to support military customers. The acquisition is expected to be completed in the fourth quarter of fiscal 2...
Ukpeagvik Inupiat Corp. has completed the acquisition of a majority interest in Delta Solutions & Strategies, a service-disabled veteran-owned small business offering defense support services. UIC said Delta is now part of the Bowhead Family of Companies within its government services division. The move is considered the largest a...
The Department of Homeland Security’s Artificial Intelligence Corps was established in February to guide the agency’s use of AI to strengthen critical infrastructure and improve enterprise cybersecurity. During a panel discussion titled “DHS’s New AI Corps” at the Potomac Officers Club’s 2024 Homeland Security Summit, officials...
Gil Herrera is a versatile engineer with expertise in quantum physics, cyber systems, microelectronics and much more. He was a vital part of the team at Sandia National Laboratories, an organization devoted to nuclear science, for almost four decades. Three years ago, he came to the National Security Agency, a Department of Defense component in...
Rheinmetall AG has completed its acquisition of American vehicle manufacturer Loc Performance Products for $950 million. The Dusseldorf, Germany-headquartered defense contractor said Monday the transaction would expand its presence in the United States, the world’s largest defense market, and strengthen its capability to deliver high-volume milita...
With a new presidential administration on the horizon, government healthcare initiatives could be taken in any number of directions. However, through periods of change, trust that the industrial base serving the government’s needs is the common denominator you can count on. As the healthcare sector evolves, contractors play a central role in drivi...
The U.S. Army has named the 12 companies that would compete for orders under the service branch’s $344.1 million live training, ranges and combat training centers support multiple award contract. The Department of Defense said Wednesday the indefinite-delivery/indefinite-quantity contract has an estimated completion date of Nov. 26, 2032. ...
Intel has received up to $7.86 billion in CHIPS and Science Act direct funding from the Department of Commerce to support its semiconductor manufacturing and advanced packaging projects in Arizona, New Mexico, Ohio and Oregon. The technology company said Tuesday it will also claim a 25 percent investment tax credit from the Department of the...
