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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...
Firefly Aerospace has launched an initial public offering roadshow with plans to offer 16.2 million shares of common stock priced at $35 to $39 per share. The company said Monday it also intends to give the underwriters a 30-day option to buy an additional 2.43 million shares of its common stock at the initial offering...
Doug Wagoner, CEO of LMI, accepted the 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson. The annual Wash100 Award honors 100 of the top visionaries in government and government contracting. These distinguished leaders are selected for their significant contributions and continued role in redefining the industry. Doug i...
President Trump’s March 20 executive order “Eliminating Waste and Saving Taxpayer Dollars by Consolidating Procurement” has major ramifications for GovCons. It will drastically change government acquisition by making the General Services Administration the lead for domestic federal procurement for common goods and services. The exe...
Firefly Aerospace has filed a registration statement with the Securities and Exchange Commission for its proposed initial public offering. The company said Friday it plans to list its common stock under the ticker symbol “FLY” on the Nasdaq Global Market. Firefly has yet to disclose the number of shares to be offered and the price...
Sam Hussain has joined Capgemini Government Solutions as U.S. defense sector head. In his new role, he will oversee strategy and mission execution in support of customers from the Department of Defense, the Intelligence Community and the wider defense industrial base, the company wrote in a LinkedIn post Wednesday. “Sam&#...
Government technology firm SMX has appointed Michael Lehr, an aerospace and defense industry veteran, as senior vice president of space and intel. In a LinkedIn post published Wednesday, SMX said Lehr brings to the company over three decades of experience driving organizational and P&L growth through the delivery of mission-critical platforms ac...
The Department of Homeland Security has decided to cancel the FirstSource III and PACTS III contract vehicles for IT support and professional services, respectively, in alignment with recent executive orders. In March, President Donald Trump signed an executive order to consolidate federal procurement of goods and services within the General Se...
The U.S. Air Force has started soliciting proposals for a recompete of the Simplified Acquisition of Base Engineering Requirement, or SABER, contract with a potential value of $120 million. Simplified Acquisition of Base Engineering Requirement Contract Scope According to the request for proposals issued on SAM.gov Wednesday, the potential cont...
Former General Dynamics Information Technology executive Mike O’Hara has joined ASRC Federal as vice president of business development for the company’s space operating group. O’Hara has over three decades of senior-level experience in government and corporate aerospace, with a focus on opportunity development and the integration o...
