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Leidos reported record third-quarter revenue of $4.47 billion for fiscal year 2025, up 7 percent from the prior-year period, and attributed the growth to increased customer demand for innovative products in support of defense and national security missions. In an earnings release published Tuesday, the Reston, Virginia-based defense and IT services ...

Matthew Orsino has been named chief growth officer at Precise Systems. The Lexington Park, Maryland-based company said Monday Orsino will oversee business development, customer engagement and strategic initiatives across its defense and technology portfolios. “Matt’s proven leadership and deep understanding of the Department of Defe...

AI is revolutionizing how the Department of Homeland Security performs its core mission: protecting the nation from its adversaries. By integrating advanced AI tools into missions such as threat detection, cybersecurity, border security and emergency response, the DHS is enhancing its ability to anticipate, identify and counter adversarial actors in...

KBR reported $1.9 billion in revenue during the third quarter of fiscal year 2025 and recorded $4.2 billion in Q3 bookings and options with a book-to-bill of 1.4x on a trailing 12-month basis. In an earnings release published Thursday, the Houston-based engineering contractor said Q3 net income was $115 million and adjusted earnings before interest,...

The big day for the Defense Department’s Cybersecurity Maturity Model Certification 2.0 effort is almost here. Specifically, that’s Nov. 10, when contracting officers can start inserting stringent cybersecurity requirements into DOD contracts. The phased rollout takes place with four parts over three years. In the first year, DOD contrac...

 HII reported a record revenue of $3.2 billion during the third quarter of fiscal year 2025, up 16 percent year-over-year and exceeding the projected $2.96 billion by 8.11 percent. In an earnings release published Thursday, the shipbuilding and defense services company posted earnings per share of $3.68, a 9.85 percent increase that surpas...

Leidos has aligned its digital modernization capabilities to deliver faster, more secure and more resilient mission outcomes across federal and commercial markets, according to Paul Wilkinson, senior vice president and leader of the company’s digital modernization practice area. In a recent video interview with Executive Mosaic’s Charles Ly...

Iridium Communications reported a 7 percent year-over-year increase in revenue to $226.9 million for the third quarter of 2025, reflecting continued growth in recurring service revenue and strong operational execution across its government and commercial businesses.  In its earnings release published Thursday, the McLean, Virginia-based satelli...

The One Big Beautiful Bill Act, signed into law on July 4, delivers an unprecedented $190.6 billion to the Department of Homeland Security and its components—doubling DHS’ near-term resources and creating one of the most expansive multi-year acquisition runways in its history. Most of the money is available through fiscal 2029, set...