General Dynamics saw its fiscal 2025 second-quarter revenue increase 8.9 percent to $13 billion and reported $3.74 in Q2 diluted earnings per share, up 14.7 percent from the prior-year period. In an earnings release published Wednesday, the Reston, Virginia-based defense and aerospace contractor said its Q2 operating earnings rose 12.9 percent to $1...
Chugach Government Solutions has appointed seasoned operations executive Laine Klein as president, effective Aug. 4. In her new role, she will lead the company’s federal government contracting operations, encompassing facilities management, technology, construction and education services worldwide. Klein succeeds Virginia Robinson, who will co...
Lockheed Martin reported $18.2 billion fiscal 2025 second-quarter sales, a total backlog of $166.5 billion and Q2 net earnings of $342 million, or $1.46 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said its cash from operations was $201 million during the second quarter of 2025, d...
The General Services Administration has started soliciting proposals from potential vendors to handle the potential $1.8 billion Personnel & Readiness Infrastructure Support Management Services, or PRISM, contract. PRISM Contract Scope & Details According to the solicitation published on SAM.gov Tuesday, the GSA seeks to on-ramp new con...
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...
QinetiQ US has appointed Scott McGleish as its new chief growth officer to accelerate its expansion into strategic growth areas, particularly within defense and national security sectors. Who Is Scott McGleish? McGleish steps into the role with more than three decades of senior executive experience in aerospace and defense development and profit and...
LMI has secured a potential $116.7 million firm-fixed-price contract from the Washington Headquarters Services to provide professional support services to the Office of the Under Secretary of Defense for Acquisition and Sustainment. Contract Scope and Details The Department of Defense said Friday the contract operates on a level-of-effort basis for...
The Department of Veterans Affairs has awarded a potential five-year, $276 million contract to a joint venture of ThunderYard and Booz Allen Hamilton to meet VA’s data and analytics requirements. According to a notice published Wednesday on the Federal Procurement Data System-Next Generation, VA received 16 offers for the Data and Analytics In...
ASRC Builders-Caddell has secured a $290.3 million contract from the U.S. Army to construct the Joint Integrated Test and Training Center at Joint Base Elmendorf-Richardson in Alaska. The U.S. Army Corps of Engineers has obligated $110.9 million in fiscal year 2025 military construction funds at the time of the award, the Department of Defense said...
Applied Information Sciences, or AIS, a provider of cloud and artificial intelligence technologies for the federal government, has acquired Dorrean. AIS said Thursday that the transaction is part of its efforts to expand its presence in the U.S. federal market and is in line with its goal of investing in high-impact mission areas. What i...
