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A federal judge on Thursday temporarily blocked a scheme by the Trump administration to whittle down the size of the federal workforce by encouraging federal employees to resign by accepting a buyout package, Reuters reported. Under the buyout offer, federal workers will receive their regular salaries and benefits until October without being require...
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...
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...
The State Department has approved Japan’s foreign military sales request to procure Standard Missile 6 Block I Missiles and related equipment worth an estimated $900 million. The Defense Security Cooperation Agency said Friday RTX will be the principal contractor of the proposed sale. Details of Potential SM-6 Block I Missile Contract Und...
DSA has undergone an organizational restructuring to better support customers and target markets. Kathleen Kirk, chief operations officer of the Trevose, Pennsylvania-based IT services company, said the changes will enhance DSA’s operational excellence and growth. DSA Introduces New Business Units Part of the changes at DSA is the introd...
Molly Just-Behr, a former Department of Defense official, has joined the data and artificial intelligence company Databricks as global head of public sector. She confirmed her new role in a LinkedIn post Wednesday. “The opportunity to help governments harness the power of data, artificial intelligence, and analytics to solve some of the...
The Department of Defense has awarded West 4th Strategy a position on the potential five-year, $1.8 billion Personnel and Readiness Infrastructure Support Management, or PRISM, contract vehicle to provide critical support services for DOD. The IT services provider said the award is for the Personnel and Readiness pool of the PRISM contract. Gregg Me...
Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior. The company said in its recent earnings release that it is expecting a modest increase in net sales in 2025. “2024 was...
The Federal Aviation Administration has awarded Science Applications International Corp. a potential five-year, $122.9 million contract to provide IT support services for the FAA Enterprise Services Center, or ESC, at the Mike Monroney Aeronautical Center in Oklahoma City. According to an award notice published Tuesday, the indefinite-delivery/indef...
While the Potomac Officers Club’s upcoming 2025 5G Summit is set to feature a host of representatives from the Department of Defense, the event is not just a networking destination for defense contractors. One key speaker especially will bring extensive insights from his experience working to spread a spirit of innovation in the federal civil...
