Sigma Defense Systems has appointed Stephanie Tharp, most recently senior adviser at Naval Information Warfare Systems Command, as vice president of programs for its Innovative Mission Solutions, or IMS, division. In this capacity, Tharp will lead the implementation of defense programs and strategic growth initiatives to help expand Sigma Defense...
When the Inflation Reduction Act, or IRA, and Creating Helpful Incentives to Produce Semiconductors—a.k.a. CHIPS—Act were passed, they introduced more than 30 new tax provisions, each one complex, time-sensitive, high-profile and collectively represented about $1.2 trillion in tax credits over the next 10 years. But instead of defaulting to the...
Former Intelsat CEO David Wajsgras has been named to the HawkEye 360 board of directors. An eight-time Wash100 Award winner, he brings to the HawkEye board more than 25 years of experience as a senior aerospace and defense executive, the company said Thursday. According to Wajsgras’ LinkedIn profile, he served as Intelsat CEO f...
KBR’s Mission Technologies Solutions, or MTS, business segment reported $1.4 billion in fiscal 2025 second-quarter revenues, up 7 percent from the prior-year period, and posted $141 million in Q2 adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, a 6 percent increase from the year-ago quarter. MTS, formerly KBR...
SAIC will continue to provide training solutions to the U.S. Navy under a renewed prime contract valued at $202 million in support of the Fleet Deployment Training Program. Under the contract, which has a 10-month base period, four one-year options and one six-month potential extension period, SAIC will provide modernized virtual and synthetic train...
Hexcel’s former top executive, Nick Stanage, has been elected to the board of directors of HII. The industrial manufacturing experience that Stanage brings to the board covers decades of work in the aerospace, automotive and construction equipment industries, HII said Tuesday. Hexcel recruited him in 2009, initially as president, transit...
Antenna Research Associates has named Ash Srivastava as chief financial officer, Citybiz reported. Srivastava, who brings more than two decades of experience in financial management, will oversee the company’s financial strategy and operations and contract compliance as it advances strategic growth initiatives. “Ash brings deep expertise...
Boeing’s defense, space and security, or BDS, business reported $6.6 billion in fiscal 2025 second-quarter revenue, up 10 percent from the prior-year period, and posted an operating margin of 1.7 percent. In an earnings release published Tuesday, the BDS segment ended the second quarter with a backlog of $74 billion, with customers outside the...
Booz Allen Hamilton reported $2.9 billion in revenue for the first quarter of fiscal year 2026. In an earnings release published Friday, the McLean, Virginia-based IT company said its revenue saw a slight dip of 0.6 percent year-over-year. However, the adjusted net income increased by 2.2 percent from the previous year. Meeting Company Expectations ...
Rare earth elements are some of the most indispensable materials in modern technology. These 17 elements from the periodic table, such as gadolinium, praseodymium and lanthanum, play critical roles in national security weapon systems while spanning many sectors of the global economy, including IT, transportation and telecommunications. Because ...
