The Department of Transportation’s Maritime Administration, or MARAD, has awarded 20 contracts worth $6.2 billion combined to seven companies to manage its fleet of 51 Ready Reserve Force, or RRF, ships to strengthen national security and restore U.S. maritime dominance. Ready Reserve Force Fleet Management Contracts MARAD said Wednesday the 1...
Cybersecurity company Palo Alto Networks has agreed to acquire identity security company CyberArk in a cash-and-stock transaction valued at approximately $25 billion. Palo Alto Networks-CyberArk Combination Palo Alto said Wednesday it expects the acquisition to close in the second half of its fiscal year 2026, subject to approval by CyberArk shareho...
AECOM has secured two contracts from the U.S. Army Corps of Engineers, Europe District to provide architecture and engineering throughout Germany, Poland, the Czech Republic, Norway, Denmark, and Belgium, the Netherlands and Luxembourg, or the Benelux region. The indefinite-delivery/indefinite-quantity contracts have a combined value of over $490 mi...
By Yigit Guney, co-founder, CLEATUS Most capture teams still lean on saved searches and inbox alerts, but the real signals live inside the PWS, SOW, Section J attachments, Q&A and amendments. Fragmented portals and constant updates make surface-level monitoring too slow for today’s pace. To stay ahead, leaders need to shift from metadata ...
Lockheed Martin has received two U.S. Navy contracts worth $165 million combined to provide long-lead materials and software development support for the F-35 fighter jet program. Join the Potomac Officers Club’s 2025 Navy Summit on Aug. 26, and listen to experts as they discuss the latest tech capabilities, contracting opportunities, policies ...
Booz Allen Hamilton reported $2.9 billion in revenue for the first quarter of fiscal year 2026. In an earnings release published Friday, the McLean, Virginia-based IT company said its revenue saw a slight dip of 0.6 percent year-over-year. However, the adjusted net income increased by 2.2 percent from the previous year. Meeting Company Expectations ...
The Naval Supply Systems Command has awarded Toll Remote Logistics a position on a potential 10-year, $1.9 billion firm-fixed-price, indefinite-delivery/indefinite-quantity contract to support global military logistics under the Worldwide Expeditionary Multiple Award Contract 2.0. Join the 2025 Navy Summit, where naval and maritime leaders will disc...
Textron subsidiary Airborne Tactical Advantage Co. has received a potential five-year, $554.4 million contract from the U.S. Navy to provide Type III high subsonic and Type IV supersonic aircraft for the service branch’s fleet customers. Learn more about the service branch’s latest contracting opportunities, tech advancements, trends and...
The Department of State has approved the Egyptian government’s request to purchase the National Advanced Surface-to-Air Missile System. RTX will serve as the principal contractor for the proposed foreign military sale, which is estimated to be valued at $4.67 billion, the Defense Security Cooperation Agency said Thursday. The weapon system pur...
General Dynamics saw its fiscal 2025 second-quarter revenue increase 8.9 percent to $13 billion and reported $3.74 in Q2 diluted earnings per share, up 14.7 percent from the prior-year period. In an earnings release published Wednesday, the Reston, Virginia-based defense and aerospace contractor said its Q2 operating earnings rose 12.9 percent to $1...
