According to Microsoft Senior Vice President and Wash100 Award winner Candice Ling, artificial intelligence and cybersecurity have a symbiotic relationship. They power one another and make each other stronger, and AI is providing more and more opportunities to make the government’s data and digital property more secure, Ling, wh...
V2X reported $1.02 billion in revenue during the first quarter of 2025 with a 10 percent year-over-year growth in the Indo-Pacific region. Q1 Financial Highlights In an earnings release published Monday, the Reston, Virginia-based defense services contractor said its Q1 adjusted net income was $31.5 million, reflecting a 10 percent year-over-year in...
After hitting pause on the implementation of tariffs on all countries, except China, the White House now has a “golden opportunity” to negotiate new trade and investment deals with friendly nations, isolate adversaries and bring manufacturing back to the United States, according to Juan Zarate, chairman of the Center on Economic and Fina...
Serco Group’s U.S. arm has promoted Kim Joiner, most recently senior adviser to the chief technology officer, to the position of vice president of government relations. “Kim’s wealth of experience will be an incredible benefit to Serco. Her efforts to enhance our presence on Capitol Hill and within various Departments and Age...
The Department of State has approved the proposed foreign military sale of AIM-9X Block II Tactical Missiles and related equipment to Norway for $370.9 million. RTX will serve as the principal contractor for the transaction, the Defense Security Cooperation Agency said Friday. Weapon Sale to Norway According to the DCSA, the Norwegian gov...
HII reported revenue decline of 2.5 percent to $2.7 billion in the first quarter of 2025 compared to $2.8 billion during the same period in 2024. The company said Thursday that the slightly lower Q1 revenue is caused by decreased demand across Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies. Per Segment Revenue HII’s I...
The Naval Sea Systems Command has awarded a contract modification to General Dynamics Electric Boat and Huntington Ingalls Inc., Newport News Shipbuilding for the construction of two Virginia-class submarines. The contract also includes increased workforce support and further investments in nuclear shipbuilding programs, NAVSEA said Wednesday. ...
Parsons reported record revenue of $1.6 billion during the first quarter of fiscal year 2025, reflecting a 1 percent year-over-year growth, and ended the quarter with a record total backlog of $9.1 billion with a book-to-bill ratio of 1.1x on net bookings of $1.8 billion. Q1 2025 Financial Highlights In an earnings release published Wednesday,...
The State Department has approved Romania’s foreign military sale request for the Patriot Air Defense System and related equipment, valued at $280 million. The Defense Security Cooperation Agency said Monday RTX and Lockheed will be the principal contractors. Patriot Air Defense System Under the proposed FMS, Romania intends to purch...
Ashley Manning, principal deputy assistant secretary of defense for cyber policy at the Department of Defense, has emerged as a transformative leader in the realm of cybersecurity. With a decorated career spanning high-profile roles across international strategy, legislative policy and cyber defense, Manning is reshaping the intersection of defense ...
