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...
By Payam Pourkhomami, President & CEO of OSIbeyond The Department of Defense’s Dec. 16, 2024 final rule on the Cybersecurity Maturity Model Certification program marks a decisive shift in how defense contractors must approach cybersecurity compliance. Under the CMMC clause (DFARS 252.204-7021), contractors must meet one of three certificat...
KBR has received a new time and material, cost-reimbursable task order with a potential value of $187 million from the State Department to deliver medical support services in Iraq. Medical Support Services Iraq Task Order The Houston, Texas-based company said Monday the Medical Support Services Iraq, or MedSSI, task order, was awarded under the...
Peraton will provide strategic mission support for U.S. Army Southern European Task Force, Africa under a $121 million recompete contract. The company said Monday it will help expand and enhance U.S. military operations across Africa by providing the following support services: Mission Planning and strategic operations Logistics and supply chain man...
Vice President JD Vance on Saturday swore Pete Hegseth, a former Army National Guard officer, into office as the 29th secretary of defense, DOD News reported Monday. Hegseth received Senate confirmation on Friday evening. Making DOD ‘Laser-Focused’ on Lethality, Readiness During his Jan. 14 confirmation hearing, Hegseth cited the need to rei...
Technology company Alpha Omega has acquired IT contracting firms Macro Solutions and SeKON as part of a push to drive innovation and growth and broaden its offerings for military and federal agency clients. Macro Solutions Purchase Alpha Omega said Thursday the Macro Solutions acquisition will strengthen its national security division, enabling it t...
Modern Technology Solutions Inc. has received a potential $625 million task order from the Air National Guard for program management, research and development and technical support services. MTSI said Wednesday the ARCWERX Research, Test, Evaluation, Modernization and Innovation Support, or ARTEMIS, task order was awarded under the General Services ...
Accenture’s federal arm has won the $3.5 billion CIO Business Operation Support Services, or CBOSS, recompete blanket purchase agreement from the Department of Energy to provide IT professional services across the DOE enterprise. According to a notice published Friday on the Federal Procurement Data System-Next Generation, DOE launched a full and ...
