General Dynamics saw its third-quarter 2024 revenue increase 10.4 percent to $11.7 billion and reported operating earnings of $1.2 billion and $3.35 in diluted earnings per share, up 10.2 percent from the prior-year period. In an earnings report published Wednesday, the Reston, Virginia-based defense and aerospace contractor said it achieved a compa...
The State Department has awarded CGI Federal three task orders to provide visa application processing services in support of the Bureau of Consular Affairs in 25 countries. The U.S. operating subsidiary of CGI said Tuesday it will employ its CGI Atlas360 technology to support visa application processing in Scandinavia, Central Europe, China and Sout...
SMX has won a potential seven-year, $3.2 billion task order to continue providing command, control, computers, communications, combat systems, cyber, intelligence, surveillance and reconnaissance, or C6ISR, capabilities across all domains for Special Operations Command Pacific and its mission partners supporting U.S. Indo-Pacific Command. The digita...
The space domain is evolving rapidly. New commercial entrants, rising military activity and growing threats are shaping the space domain, prompting government contractors to rethink their approaches and prioritize speed. Executive Mosaic sat down with 2024 Wash100 Award winner Maria Demaree, vice president and general manager of National Security ...
The U.S. Space Force has awarded two task orders worth $733.6 million combined to SpaceX to provide Lane 1 launch services as part of the third phase of the National Security Space Launch program. The service said Friday the awards mark the first two Lane 1 launch service task orders, or LSTO, issued by Space...
BAE Systems has won two U.S. Navy contracts worth about $222.6 million combined to provide maintenance, repair and modernization support services for an Arleigh Burke-class guided-missile destroyer and a multipurpose amphibious assault ship. The Department of Defense said Friday work on the firm-fixed-price contracts will occur in Norfolk, Virginia,...
The GovCon market is facing some degree of uncertainty as the presidential election approaches and a continuing resolution puts a pause on funding growth. But one thing GovCon leaders know for certain is that the defense and government markets are rife with opportunities and poised for significant growth. At the Raymond James 2024 Defense and...
The Defense Security Cooperation Agency has seen a drastic increase in foreign military sales in recent years, fueled by the increasingly complex geopolitical landscape. According to DSCA Director Mike Miller, the agency has seen an “unprecedented surge” in demand for FMS. In a keynote address at the Potomac Officers Club’s GovCon In...
The U.S. Navy has awarded two contracts worth $400 million combined to Invariant and Anduril Industries to integrate and deliver a counter-unmanned aircraft system engagement system, or CES, and provide related hardware, software and support services for the military branch. The Department of Defense said Wednesday Marine Corps Systems Command launc...
Anchored at $107.9 billion, the Department of Homeland Security’s fiscal year 2025 budget request represents a $4.5 billion increase over its FY 2024 request. With these allocations, which include $62.2 billion in discretionary funding, DHS aims to rise to evolving homeland security challenges shaped by new technologies and other shifts in today...
