HII (NYSE: HII) released its fourth quarter and full-year 2023 earnings results on Feb. 1, 2024, reporting record revenues in both periods and a substantial backlog of approximately $48.1 billion as of Dec. 31, 2023. All of its three divisions reported higher volumes. HII President and CEO Chris Kastner said in a statement published Thursday,...
The Department of Defense has awarded seven companies contracts worth $192.5 million combined to develop domestic capabilities to manufacture critical chemicals. The awards made through the Defense Production Act Investments program are expected to build national capacity for such chemicals by the end of 2027 as part of efforts to reduce foreign dep...
Minga Lee, formerly chief engineer and solution architect at Leidos (NYSE: LDOS), has been appointed vice president and chief technology officer for engineering, integration and operations for the national security sector at the Reston, Virginia-based information technology company. Lee announced her new post Thursday on LinkedIn and assumed the rol...
Five companies secured spots on a potential $375 million contract to deliver environmental restoration and compliance services to NASA. AECOM‘s (NYSE: ACM) Technical Services division, Tetra Tech (Nasdaq: TTEK), HydroGeoLogic, ISMS-Navarro and the joint venture between Jacobs Solutions (NYSE: J) and Geosyntec won positions on the indefinite-de...
Under Secretary of Defense for Research and Engineering Heidi Shyu has previewed an upcoming request for proposals from the Pentagon, in support of the creation of a sustainable, safe and secure bioeconomy. Shyu, a recipient of the 2024 Wash100 Award, gave the audience at the Potomac Officers Club’s 10th Annual Defense R&D Summit a glimpse ...
Tria Federal, an information technology and advisory services provider, has expanded its leadership team with the appointment of technology leader John Cho as its first chief technology officer and Brian Wagner, a public affairs officer in the U.S. Navy Reserve, as vice president of marketing and communications. As CTO, Cho will oversee Tria Federal...
Booz Allen Hamilton (NYSE: BAH) has won a potential $550 million contract to provide technical, professional and administrative support services for the Department of Energy’s Advanced Research Projects Agency-Energy. ARPA-E received five offers for the single-award contract, which was competed through a full-and-open competition, according to an ...
Arlington Capital Partners has formed a new brand consisting of five existing portfolio companies to manufacture highly complex components and assemblies for the aerospace, defense and space sectors. Verus Aerospace is led by CEO Brian Bentley and combines the resources and expertise of Perfekta, Precision Machine Works, Arden Engineering, Premier P...
CACI International (NYSE: CACI) has received a five-year, $198 million single-award task order to help strengthen the U.S. Army’s cyber capabilities for command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance systems. The company said Wednesday it will support the U.S. Army Combat Capabilities Developm...
Sayres Defense has secured a potential $280 million contract from the U.S. Navy to provide the Naval Sea Systems Command with a range of support services over a five-year performance period. The PMS 300/PMS 325 Professional Support Services contract covers program management, engineering support, logistics management, concept design and analysis as ...
