BAE Systems Land & Armaments has secured a potential $317.2 million contract from the U.S. Navy to procure MK 41 vertical launching systems and related equipment. MK 41 Vertical Launching System Contract Scope The Department of Defense said Wednesday the firm-fixed-price contract also covers the procurement of MK 29 Mod 0 and Mod 1 canister...
Professional services firm Dewberry has promoted Executive Vice President Phil Thiel to president of Dewberry & Davis. Thiel announced his appointment in a LinkedIn post published Tuesday. In this capacity, Thiel will oversee Dewberry & Davis, which supports federal, geospatial and technology customers and contracts at Dewberry. He will be r...
BWX Technologies has appointed Chief Accounting Officer Mike Fitzgerald as interim chief financial officer. The company said Monday Fitzgerald took on the position after Robb LeMasters stepped down as executive vice president and CFO. LeMasters, who first joined BWXT’s board of directors in 2015, will continue to serve as a special advis...
Maximus posted fiscal year 2025 second-quarter revenue of $1.36 billion, up 1 percent from the prior-year period, and organic growth of 3 percent due to the strong performance of its U.S. federal services segment. In an earnings release published Thursday, the Tysons, Virginia-based government services contractor said it recorded $1.69 in diluted ea...
Tammy McChain, a business growth leader, has joined technology firm Excella as vice president of national security market. McChain announced her position in a LinkedIn post published Wednesday. Tammy McChain’s Career Background She brings to the role decades of experience in managing technology strategies, transforming complex operations and i...
Leidos posted $4.2 billion in fiscal year 2025 first-quarter revenue, reflecting a 7 percent year-over-year increase, and attributed the revenue growth to increased demand across all customer segments. Q1 2025 Financial Highlights In an earnings release published Tuesday, the defense and IT services contractor said it ended the quarter with a total ...
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...
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...
