The State Department has approved Israel’s two foreign military sales, or FMS, requests worth about $7.41 billion combined for AGM-114 Hellfire missiles, munitions, guidance kits and related equipment and support services. The Defense Security Cooperation Agency said Friday it has already informed Congress of the proposed FMS deals. Munitions,...
HII reported $3 billion in fourth-quarter revenues for fiscal 2024 and saw its full-year revenue increase 0.7 percent to $11.5 billion. In an earnings release published Thursday, the military shipbuilding company logged $12.1 billion in new contract awards and ended the year with a total backlog of approximately $48.7 billion. HII recorded quarterly...
Vehicle software supplier Applied Intuition has acquired autonomy software provider EpiSys Science, also known as EpiSci. The companies said Thursday the move is part of a strategy to position Applied Intuition’s defense business as one of the leading developers of autonomy software for all-domain applications. The acquisition deal will see Ep...
James Potter was appointed vice president of procurement at V2X, where the previously served as program manager. The executive, who has more than two decades of experience in government, aerospace and defense landscape, announced his promotion in a LinkedIn post published Thursday. James Potter’s Career Highlights Before joining V2X in 2023, P...
Amentum reported $3.4 billion in first-quarter revenues for fiscal year 2025, reflecting a 2.3 percent increase on a pro forma basis driven by growth in the company’s digital and global engineering solutions segments. Q1 Fiscal 2025 Results In an earnings release published Tuesday, Amentum said its generally accepted accounting principles, or ...
Private equity firm Digital Capital Partners has acquired Govplace, a secure IT products and services provider supporting federal agencies. Terms of the acquisition include retaining Govplace’s leadership team to ensure operational continuity. The partnership deal, DigiCap’s first foray into the federal sector, aims to accelerate Govplac...
The State Department has cleared Egypt’s two foreign military sales requests worth approximately $929 million combined to provide AN/TPS-78 long-range radars, COMBATSS-21 combat management systems to support the fast missile craft modernization effort and related equipment and support services. The Defense Security Cooperation Agency sai...
The State Department has approved Japan’s foreign military sales request to procure Standard Missile 6 Block I Missiles and related equipment worth an estimated $900 million. The Defense Security Cooperation Agency said Friday RTX will be the principal contractor of the proposed sale. Details of Potential SM-6 Block I Missile Contract Und...
Jonathan Peppard, an industry veteran with 27 years of experience in capture management, program management and business development, has been appointed vice president of strategic capture at Akima. The information technology company said Thursday Peppard will oversee its expansion by leading efforts to capture new opportunities within the federal ...
The Department of Defense has awarded West 4th Strategy a position on the potential five-year, $1.8 billion Personnel and Readiness Infrastructure Support Management, or PRISM, contract vehicle to provide critical support services for DOD. The IT services provider said the award is for the Personnel and Readiness pool of the PRISM contract. Gregg Me...
