Jacobs Solutions (NYSE: J) posted $4.3 billion in revenue for the second quarter of fiscal year 2024, reflecting a 4.7 percent increase from the same period the previous year. The Dallas-based company said Tuesday that its total backlog was $29.4 billion as of March 29, up 1.5 percent from the prior-year period. Jacobs recorded a...
After our closest, most exciting Wash100 popular vote race yet, the GovCon community has chosen its champion: Judi Dotson, president of the global defense sector at Booz Allen Hamilton. Dotson received her second consecutive Wash100 Award this year in recognition of her continued leadership in digital transformation initiatives across the defense...
HII (NYSE: HII) has posted $2.8 billion in revenues during the first quarter of 2024, a 4.9 percent increase from the prior-year period, and reported an operating income of $154 million, up 9.2 percent compared to the previous year. The company attributed its revenue increase to growth in its mission technologies and Ingalls Shipbuilding segments,...
The Next Generation Air Dominance initiative is a major U.S. Air Force effort to create a sixth-generation “family of systems” that will supplant its current fleet of F-22 Raptor aircraft. Though many program specifics are still shrouded in secrecy, it is one of the service branch’s highest priorities. It is also a notable portion of...
Parsons (NYSE: PSN) reported record revenue of $1.5 billion during the first quarter of 2024, reflecting a year-over-year increase of 31 percent, and a record Q1 organic revenue growth of 29 percent due to the continued ramp-up on contract awards and execution on the company’s backlog programs. The Centreville, Virginia-based defense and infra...
Special Aerospace Services, a portfolio company of Godspeed Capital Management, has acquired Willbrook Solutions, a Huntsville, Alabama-headquartered provider of analytics services to defense, civilian and intelligence sectors. Willbrook will bring a team of 75 cleared industry professionals who support critical missile defense programs to SAS, a ne...
The Potomac Officers Club, the most esteemed events organization in the government contracting industry, has an exciting calendar of events planned for May 2024. These engagements will cover a broad range of relevant GovCon topics, from 5G to joint warfighting and even major trends characterizing this continuously evolving landscape. POC events...
When Jen Sovada realized she could make more of an impact on the outside of the military looking in, she retired from the U.S. Air Force. Now, her company, the fast-growing startup SandboxAQ, regularly does business with the USAF and Sovada still gets to support the mission, circumnavigating the oft-labyrinthine bureaucracy of the government. Sovada...
HII (NYSE: HII) has received a $120.3 million contract modification from the U.S. Navy to create a special incentive program to improve the quality of life for sailors stationed at the company’s facility in Newport News, Virginia. The modification was made under a previously awarded contract for the design and construction of the future USS...
Sebastian Sobolev, a cybersecurity and data analytics professional, has been appointed vice president of product at New York-based cloud-native cyber defense platforms provider BlueVoyant. He announced his new position in a LinkedIn post published Thursday. Prior to his current position, Sobolev was chief technology officer at BlueVoyant’s governm...
