Leonardo DRS (Nasdaq: DRS) has secured a $134 million order to deliver to the U.S. Army its next-generation thermal weapon sights designed to provide warfighters with infrared imagery during target acquisition and engagement operations. The company said Monday the Family of Weapon Sights – Individual works to wirelessly transmit thermal imagery to...
V2X (NYSE: VVX) reported new records in the third quarter of 2023, including a new top-line record for the company. In the three months that ended Sept. 29, 2023, revenue increased five percent to $1 billion and because of the strong $1.3 billion contract awards, the total backlog reached an all-time high of $13.3 billion...
HII (NYSE: HII) released its recent financial results and achieved several milestones in the third quarter of 2023. In the three months that ended Sept. 30, 2023, total revenues during the quarter increased 7.2 percent to $2.81 billion versus Q3 2022, a new third-quarter record, while new contract awards hit $5.4 billion. The company said...
The Potomac Officers Club’s 2023 Homeland Security Summit on Nov. 15 will bring together the foremost experts and decision makers from government and industry to discuss the nation’s most urgent homeland security challenges and what’s being done to address them. Click here to register, and read below for a breakdown of the summit’s spea...
Executive Mosaic, an industry-leading events, media and membership organization in the government contracting sector, is thrilled to embark on its 2024 Wash100 Award season and open executive nominations for the prestigious recognition. Each year, the widely coveted and respected Wash100 Award honors the top 100 most influential and impactful execu...
Open source software, or software with publicly available code, has become popular in the United States federal government in recent decades due to its cost savings, improved security, faster innovation and flexibility. Now, the healthcare sector is getting serious about open source. Andrea Fletcher became the first ever chief digital strategy offi...
Today, the influence of technology on homeland security is stronger than ever before. With cyberattacks now intertwined with more traditional homeland security threats, the U.S. Department of Homeland Security is racing to adopt the technologies necessary to tackle a shifting array of challenges. At the Potomac Officers Club’s 2023 Homel...
Lockheed Martin (NYSE: LMT) has dropped plans to compete for the U.S. Air Force’s KC-135 aerial refueling fleet recapitalization program after it decided not to respond to a request for information. Lockheed partnered with Airbus on the recapitalization program, offering the LMXT strategic tanker based on the latter’s A330 Multi Role Tanker ...
RTX (NYSE: RTX) has secured a $96.3 million contract modification from the U.S. Navy to design and engineer a sensor network with situational awareness and integrated fire control capability for domestic and international military customers. The modification covers design agent and engineering support and exercises options for other direct costs for...
United States officials are facing constantly evolving homeland security threats and challenges in today’s interconnected world. According to Scott Recinos, senior vice president of homeland security at LMI, environmental impacts from climate change are becoming increasingly more consequential to homeland security missions. “The escalating ...
