HII (NYSE: HII) saw its second-quarter revenue for fiscal year 2023 climb 4.7 percent to $2.8 billion and reported net earnings of $130 million and diluted earnings per share of $3.27 for the quarter. The military shipbuilding company said Thursday Q2 new contract awards reached about $2.6 billion and that it ended the quarter with...
ICF (Nasdaq: ICFI) reported $500 million in fiscal 2023 second-quarter revenue, up 18 percent from the same period a year ago, with the company’s federal business accounting for 54.4 percent of total quarterly sales. The consulting and technology services provider said Thursday sales from its federal customers jumped 20.6 percent year-over-yea...
Cyber intelligence company Sentar has acquired Huntsville, Alabama-headquartered Waterfront Technical Services for an undisclosed sum to expand into the civil space sector. Allan McCaleb, president of Waterfront, will join Sentar as director of civil space programs and oversee the combined organization’s business growth efforts in the sector, ...
Amentum has secured a potential eight-year, $818 million contract to modernize and maintain F-16 fighter jets used in U.S. Navy air combat training. The indefinite-delivery/indefinite-quantity award includes work to help the branch’s Viper Maintenance Group expand the adversary training fleet, the company said Wednesday. “Navy F-16 Vipers pl...
HII’s (NYSE: HII) Mission Technologies division will provide emerging intelligence, surveillance and reconnaissance technologies for the National Security Innovation Network and its mission partners under a potential five-year, $1.4 billion task order awarded under the General Services Administration’s ASTRO contract vehicle. The Joint Network E...
RTX (NYSE: RTX) will provide updated seeker, navigation and GPS receiver technologies to the U.S. Navy for integration into Tomahawk missile systems under two contract modifications and a task order worth $165.4 million combined. The Navy allocated $124.3 million to buy 42 Maritime Strike Tomahawk Seeker suites for low-rate production three of the s...
T-Rex Solutions has acquired Cyber Cloud Technologies for an undisclosed sum to broaden its presence within the Intelligence Community and expand its information technology service offerings for customers in the national security market. Cyber Cloud Technologies has been providing cybersecurity, cloud and other enterprise IT services for federal gov...
Anthony Robbins, vice president of NVIDIA’s federal business, accepted his sixth Wash100 prize from Jim Garrettson, CEO and founder of Executive Mosaic and the award itself, in a convivial meeting at NVIDIA’s Herndon, Virginia office in July. The Wash100 Award is determined by EM’s discerning voting committee on an annual b...
Lockheed Martin (NYSE: LMT) has secured a pair of contract modifications worth $1.06 billion combined from the U.S. Army to produce air-to-ground and guided air-and-missile defense systems. The Bethesda, Maryland-headquartered defense contractor will manufacture and deliver Patriot Advanced Capability-3 missiles under a $556.1 million contract modif...
Archer Aviation (NYSE: ACHR) will build and deliver electric vertical takeoff and landing aircraft to the U.S. Air Force under new contracts worth $142 million combined, expanding a partnership that started through the AFWERX technology program in 2021. The contracts mark the execution phase for the delivery of up to six Archer-built Midnight eVTOL ...
