Backlog hit an all-time high of $230 billion, up about $64 billion year over year Quarterly sales climbed 11 percent to $20.1 billion Lockheed now sees full-year sales of $79.75 billion to $81.75 billion, an 8 percent midpoint jump from prior 5 percent guidance Lockheed Martin has raised its full-year 2026 guidance after posting second-quarter...
By Chris Crowder, executive vice president, GovCon, Unanet If you have been in this business for more than a few years, you know what July means. The federal fiscal year does not end until September 30, but agencies are already looking at what remains in the budget, what can still move and which contractors are ready to...
Melanie Stricklan will lead Vast’s newly established special programs division The new division is focused on space-based capabilities for defense and intelligence missions The unit will combine Vast’s commercial platforms, engineering expertise and advanced manufacturing capabilities Former Slingshot Aerospace CEO Melanie Stricklan ha...
The Genesis Mission now spans 15-plus agencies, anchored by DOE’s American Science and Security Platform The challenges involve healthcare, energy, infrastructure and national security issues The news builds on earlier steps, including a $1 billion DOE-Japan partnership in June The White House has announced more than $5 billion in federal comm...
Michael DeBernardis, a former partner at Hughes Hubbard & Reed, has been chosen as the vice president and chief counsel of HII Mission Technologies DeBernardis has nearly 20 years of legal experience under his belt HII Mission Technologies President Andy Green said that DeBernardis’ expertise will be useful in HII’s strategy to expan...
Former Nightwing CEO John DeSimone has joined Everfox as chief operating officer DeSimone’s 30-year experience includes leadership roles in Raytheon and IBM Global Services His appointment comes less than a month after Toby O’Brien was chosen as Everfox’s chief financial officer Everfox announced Monday that it has designated its c...
QTS Data Centers has promoted Stephen Douglas, currently deputy chief financial officer, to CFO, effective Sept. 1. In a LinkedIn post, the company said current CFO Jeff Berson will transition into an advisory role on the same date, continuing to provide strategic support across corporate strategy, capital markets and other key initiatives to drive ...
Chugach Intelligence Solutions has secured a potential five-year, $158 million NASA contract for Ames Research Center support Under the AFSS II contract, the Chugach Government Solutions subsidiary will cover facility operations, maintenance and repairs The contract will include work at specialized facilities and infrastructure across the 1,960-acre...
Ondrus takes charge of mission-critical IT for national intelligence customers She spent more than a decade at Leidos, most recently with P&L accountability for an intelligence community portfolio Earlier in her career, she led a 100-plus-person team running 24/7 mission IT operations General Dynamics Information Technology has brought on Sophie...
DOW will invest about $10 billion in materiel production More than 30 announcements span three investment categories Attend the Potomac Officers Club’s DOW summits this summer The Department of War will invest approximately $10 billion in materiel production, supporting more than 4,000 defense industry jobs across Pennsylvania. Attend the Poto...
