On June 6, the Potomac Officers Club will host the 2024 Cyber Summit, bringing together the best and brightest cyber leaders from across the public and private sector landscapes to discuss the most urgent and consequential issues and opportunities in the cyber realm. Potomac Officers Club events offer attendees unparalleled networkin...
The U.S. Navy has awarded eight companies contract options worth $1.86 billion combined to continue providing professional management and technical services in support of the military branch’s cyberspace operation systems and capabilities. The award exercises the second option year of a previously awarded indefinite-delivery/indefinite-quantit...
Tom Vecchiolla, a retired U.S. Navy pilot, a defense industry veteran and a previous Wash100 awardee, has joined the SSA board of directors of the U.K.-based defense technology company QinetiQ‘s U.S. arm. In July 2020, the QinetiQ SSA board was formed after QinetiQ Group signed a special security agreement with the Defense Counterintelligence ...
Northrop Grumman (NYSE: NOC) has received a potential five-year, $7 billion contract from the U.S. Air Force to provide modernization and sustainment support services for the B-2 Spirit stealth bomber. The Department of Defense said Thursday the sole-source, indefinite-delivery/indefinite-quantity contract includes software maintenance, engineering,...
The Next Generation Air Dominance initiative is a major U.S. Air Force effort to create a sixth-generation “family of systems” that will supplant its current fleet of F-22 Raptor aircraft. Though many program specifics are still shrouded in secrecy, it is one of the service branch’s highest priorities. It is also a notable portion of...
Luxembourg-based satellite communications company SES has agreed to buy Intelsat for approximately $3.1 billion to create a multiorbit operator that offers an expanded suite of satellite-based capabilities, greater coverage, spectrum portfolio and a ground network to serve customers worldwide. The boards of directors of SES and Intelsat have unanimo...
KBR (NYSE: KBR) has secured $771 million in contract options to continue to provide logistics and life support services to U.S. Army Northern Command and European Command. The company said Monday it will provide life support, equipment readiness, training and supply chain tools to the U.S. Army under the Logistics Civil Augmentation Program V indefi...
IBM (NYSE: IBM) has agreed to acquire HashiCorp (Nasdaq: HCP) for approximately $6.4 billion, or $35 per share in cash, to expand its infrastructure and security lifecycle management capabilities designed to help organizations automate their multicloud and hybrid cloud environments amid the rapid deployment of artificial intelligence technologies. I...
General Dynamics (NYSE: GD) has presented its first quarter 2024 results and reported that revenue and net earnings grew 8.6 percent and 9.5 percent year-over-year to $10.7 billion and $799 million. The company said Wednesday its operating earnings reached $1 billion, or 10.4 percent higher from a year ago, while company-wide backlog went up 4.4...
The State Department has approved the requests of the governments of Poland and the Netherlands to buy an extended-range variant of the Advanced Anti-Radiation Guided Missile system, related equipment and support services from the U.S. government under two foreign military sales deals worth approximately $2 billion combined. Northrop Grumman (NYSE: ...
