Parsons posted $1.6 billion in fiscal year 2025 second-quarter revenue, down 5 percent from the prior-year period, and ended the quarter with a total backlog of $8.9 billion with a book-to-bill ratio of 1.1x on net bookings of $1.5 billion. In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infrastructure eng...
Leidos reported $4.25 billion in fiscal year 2025 second-quarter revenue, up 3 percent from the prior-year period, and attributed the revenue growth to increased demand across all customer segments, particularly in defense systems due to strong demand for military technologies. In an earnings release published Tuesday, the defense and IT services co...
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...
Tom Arseneault, president and CEO of BAE Systems Inc., said the U.S. business is well positioned to benefit from the U.S. defense budget increase and support the Golden Dome missile defense shield project. DOD’s FY 2026 Budget Request In late June, senior Department of Defense officials and military leaders released DOD’s proposed $961.6...
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...
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...
Former CACI executive Diana Leadbetter has joined Clarity Innovations as chief human resources officer. She announced the appointment in a LinkedIn post on Monday. Who Is Diana Leadbetter? Leadbetter most recently served as senior vice president of human resources at CACI, where she led one of the three sectors responsible for the development and ex...
The Department of State has cleared Bulgaria’s request to purchase Naval Strike Missile Coastal Defense System and related equipment for $620 million, with Kongsberg Defence & Aerospace as the principal contractor. The potential foreign military sale includes three Link-16 Multifunctional Information Distribution System-Joint Tactical Radi...
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&#...
The Greg and Camille Baroni Center for Government Contracting research team at George Mason University’s Costello College of Business has issued an inaugural index that analyzes the federal contracting industrial base’s current structure, GovCon trends and GovCon firms’ financial performance. The Baroni Center said Tuesday the 2025...
