Boeing’s defense, space and security, or BDS, business reported $6.9 billion in fiscal 2025 third-quarter revenue, up 25 percent from the prior-year period, and an operating margin of 1.7 percent. In its earnings report published Wednesday, Boeing said the BDS segment ended the third quarter with a backlog of $76 billion, with 20 percent of...
QinetiQ US has appointed Tracy Gee, a more than 30-year human resources executive, as chief people officer to oversee the company’s talent strategy and organizational culture initiatives. “Tracy brings exceptional leadership and strategic vision that is instrumental to growth and critical to our mission in support of our customer objecti...
Voyager Technologies said its acquisition of ExoTerra Resource positions the company for major national security initiatives such as Golden Dome, while expanding its ability to deliver flight-proven propulsion systems across defense and commercial markets. What Does ExoTerra Bring to Voyager? ExoTerra specializes in advanced electric propulsion tech...
Iridium Communications reported a 7 percent year-over-year increase in revenue to $226.9 million for the third quarter of 2025, reflecting continued growth in recurring service revenue and strong operational execution across its government and commercial businesses. In its earnings release published Thursday, the McLean, Virginia-based satelli...
MTX Group, a global technology consulting firm, has expanded its footprint in the artificial intelligence and cybersecurity sectors with the company’s acquisition of VerifyID.ai, a digital identity verification platform serving government clients. According to an MTX press release issued Wednesday, the integration of VerifyID.ai to its product...
CACI International reported an 11.2 percent year-over-year increase in revenues to $2.3 billion during the first quarter of fiscal year 2026 and ended the quarter with a total backlog of $33.9 billion, up 4.6 percent from the previous year’s $32.4 billion. In an earnings statement published Wednesday, the Reston, Virginia-based government technolo...
SAIC’s board of directors has selected James Reagan, a member of the company’s board since January 2023 and a past Wash100 Award winner, to serve as interim CEO, effective immediately. The company said Thursday Reagan succeeds Toni Townes-Whitley, herself a Wash100 Award recipient who assumed the chief executive role at SAIC in 2023. “Jim’s ...
Lockheed Martin reported $18.6 billion in fiscal 2025 third-quarter sales, up 9 percent from $17.1 billion in the same period last year, a record backlog of $179 billion and Q3 net earnings of $1.6 billion, or $6.95 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said it returned...
Lynk Global and Omnispace have unveiled plans to merge to accelerate the deployment of advanced direct-to-device satellite connectivity. Upon completion of the merger, SES will assume a major shareholder position, helping expand D2D and internet of things, or IoT, services for mobile network operators, businesses and government clients usi...
The Department of Homeland Security has announced plans for a firm-fixed-price contract valued at more than $100 million to expand its Persistent Surveillance and Detection, or PSD, system under the Cross Border Tunnel Threat, or CBTT, program. Join the Potomac Officers Club’s 2025 Homeland Security Summit on Nov. 12 if you wish to learn ...
