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5G networks are highly scalable, accommodate electromagnetic spectrum diversity and are, beneficially, based on established standards, according to Johnson Wu, a contractor who works on the cyber portfolio at the Defense Innovation Unit. They’re also ideal for demanding environments such as remote locations ‘at the edge’ and for private n...
Iridium Communications reported fiscal 2024 fourth-quarter revenue of $213 million, up 9 percent from the prior-year period, and saw its total revenue for the full year increase 5 percent to $830.7 million. In an earnings release published Thursday, the McLean, Virginia-based satellite communications company said Q4 and full-year net income were $36...
Leidos reported $4.4 billion in fiscal year 2024 fourth-quarter revenue, up 10 percent from the prior-year period, and saw its full-year revenue rise 8 percent year-over-year to $16.7 billion, driven by robust demand across all customer segments, particularly for managed health services. In an earnings release published Tuesday, the defense an...
Maximus reported $1.4 billion in fiscal year 2025 first-quarter revenue, up 5.7 percent from the prior-year period, and organic growth of 6.3 percent due to contributions from the U.S. federal services segment. In an earnings release published Thursday, the Tysons, Virginia-based government services contractor said its operating margin for the first...
HII reported $3 billion in fourth-quarter revenues for fiscal 2024 and saw its full-year revenue increase 0.7 percent to $11.5 billion. In an earnings release published Thursday, the military shipbuilding company logged $12.1 billion in new contract awards and ended the year with a total backlog of approximately $48.7 billion. HII recorded quarterly...
Booz Allen Hamilton saw its revenue increase 13.5 percent to $2.92 billion during the third quarter of fiscal year 2025 and reported $291.3 million in Q3 operating income, up 17.7 percent from the same period the previous year. Q3 Fiscal 2025 Results In an earnings release published Friday, the McLean, Virginia-based IT and management consulting...
As director of the 5G Cross-Functional Team at the Department of Defense’s Office of the Chief Information Officer, Juan Ramírez has deep involvement in how the Pentagon is installing and platforming 5G networks as the basis of its communications. In his two years in the role, Ramírez has architected a clear plan forward for integrating...
K. Ryan Jenkins was appointed executive director for business development at J&J Worldwide Services, a CBRE government and defense business. He brings extensive experience in base operational support, logistics and program management, having led large-scale defense operations in various locations globally. According to Jenkins’ LinkedIn pr...
HII has promoted Derek Murphy to vice president of new construction aircraft carriers at its Newport News Shipbuilding division. Murphy, a two-decade company veteran, will now be in charge of the shipyard’s production of all new construction aircraft carriers, including the USS John F. Kennedy, USS Enterprise and USS Doris Miller, HII sa...
General Electric’s Edison Works business has secured a potential $3.5 billion contract modification from the U.S. Air Force to perform technology maturation and risk reduction services in support of a program that aims to develop advanced jet engine technology. Next Generation Adaptive Propulsion Program The Department of Defense said Mo...
