V2X has agreed to acquire QinetiQ Group’s U.S. federal IT services business as part of efforts to expand its presence in the U.S. intelligence community and national security space. British defense technology company QinetiQ said Tuesday the transaction has an enterprise value of $31 million and is expected to conclude before the end of Septem...
By Kim Koster, Vice President of Industry Marketing at Unanet Many government contractors still rely on fragmented systems and static spreadsheets to project what’s ahead. That approach may work for tracking awarded contracts, but it fails to support confident decision-making across the business. Without a holistic view of upcoming work, res...
Amentum reported $3.6 billion in fiscal 2025 third quarter revenues, up 2 percent year-over-year. The advanced engineering and technology company also outperformed its expected earnings per share with an adjusted diluted EPS of $0.56, up 10 percent year-over-year and 80.65 percent higher than the forecasted $0.31. According to the earnings rele...
Leidos reported $4.25 billion in fiscal year 2025 second-quarter revenue, up 3 percent from the prior-year period, and attributed the revenue growth to increased demand across all customer segments, particularly in defense systems due to strong demand for military technologies. In an earnings release published Tuesday, the defense and IT services co...
Jon Rucker, CEO of Ultra Intelligence & Communications, has accepted the 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson. Rucker, now a two-time Wash100 awardee, is being recognized for driving company growth through major contract wins and for his role in delivering mission-critical capabilities to American warfighters and allies. F...
The U.S. Navy has awarded Kongsberg Defence & Aerospace a $117.9 million firm-fixed-price contract modification for the procurement of Amphibious Combat Vehicle Medium Caliber Cannon Protector Remote Turret 20. Join the Potomac Officers Club’s 2025 Navy Summit to gain valuable insights into the latest advancements in technology, poli...
Sigma Defense Systems has appointed Stephanie Tharp, most recently senior adviser at Naval Information Warfare Systems Command, as vice president of programs for its Innovative Mission Solutions, or IMS, division. In this capacity, Tharp will lead the implementation of defense programs and strategic growth initiatives to help expand Sigma Defense...
Defense technology firm Venatôre has welcomed Maria Martinkov as CEO, succeeding founder Hunter Trice, who will now serve as senior strategic adviser to the chief executive. Martinkov steps into the role with over two decades of executive leadership experience in national security, global operations and government contracting. The new Venatôre CEO...
V2X has secured an indefinite-delivery/indefinite-quantity contract valued at $4.3 billion from the U.S. Air Force to support T-6 Texan II single-engine primary trainer aircraft. The company said it will provide base supply support to ensure that the aircraft is safe, flyable and capable of meeting its daily flight schedules and depot requirements a...
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...
