SES reported $2.94 billion in revenue for fiscal year 2025, reflecting the first year of financial consolidation following its acquisition of satellite operator Intelsat in July. Adjusted EBITDA reached $1.34 billion while adjusted free cash flow totaled $256.5 million for the year, SES said Monday. The acquisition of Intelsat expanded SES’s s...
Lockheed Martin’s rotary and mission systems business has received a potential 13-year, $1.9 billion contract from the U.S. Air Force to continue production and support of training systems for the C-130J Super Hercules aircraft. As the Air Force continues investing in platforms like C-130J and training systems that sustain mission readiness, g...
Booz Allen Hamilton has secured a $696.7 million U.S. Army contract to provide training support services for the Mission Command Training Program, or MCTP. The Army’s continued focus on mission command and training support underscores the broader conversations taking place across the service and industry. Leaders from government and the contra...
“Intuitive Machines has secured a $175 million strategic equity investment from global institutional investors to accelerate the expansion of its satellite communications and in-space data processing capabilities. Recent strategic investments in space infrastructure underscore the accelerating momentum behind next-generation satellite communic...
BAE Systems has received a U.S. Army contract worth more than $500 million to produce additional M109A7 Paladin self-propelled howitzers and M992A3 ammunition carriers for the service branch. As the Army advances major modernization efforts, including continued investment in platforms like M109A7 Paladin, senior leaders and industry executives will ...
IonQ added three executives to its federal go-to-market organization as it looks to deepen engagement with defense, intelligence and civilian agencies, according to a LinkedIn post from the company on Tuesday. Who Is Steve Harris? Steve Harris, named senior vice president of federal GTM and public sector, most recently served as Dynatrace’s ge...
Lockheed Martin has secured a potential five-year, $479.9 million contract from the U.S. Navy to support the AN/SQQ-89A(V)15 anti-submarine warfare combat system. The Navy’s latest contract action reflects the steady pace of investment shaping today’s maritime industrial base and undersea warfare portfolio. Discussions around acquisition...
Markon, a mission integrator for the federal government, has acquired Millennium Corp. to expand its delivery of mission-critical cyber services across defense, intelligence and federal civilian markets. Markon said Friday that, through the transaction, it is positioning itself as a full-spectrum cyber provider, capable of delivering end-to-end cybe...
The Department of State has awarded spots on a multiple-award indefinite-delivery/indefinite-quantity contract with a combined potential value of $10 billion under its Evolve program to support enterprise IT services worldwide. The Potomac Officers Club’s 2026 Digital Transformation Summit on April 22 will feature two Evolve awardees, Gui...
Obviant has received a contract expansion from the Office of the Under Secretary of War for Acquisition and Sustainment to deliver a digital acquisition platform in support of the Department of War’s Acquisition Transformation Strategy. As DOW accelerates acquisition modernization through initiatives like Obviant’s expanded contract, the...
