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Leidos reported record third-quarter revenue of $4.47 billion for fiscal year 2025, up 7 percent from the prior-year period, and attributed the growth to increased customer demand for innovative products in support of defense and national security missions. In an earnings release published Tuesday, the Reston, Virginia-based defense and IT services ...

Intuitive Machines, provider of space technology and infrastructure services, has agreed to acquire Lanteris Space Systems, formerly Maxar Space Systems, from Advent International for $800 million. The transaction, which consists of $450 million in cash and $350 million in stock, is expected to close in the first quarter of 2026, Intuitive Machines ...

Seekr Technologies has named Lloyd Cope, an industry leader in enterprise and defense-focused artificial intelligence technologies, chief revenue officer. Seekr is sponsoring the Potomac Officers Club’s 2026 Artificial Intelligence Summit. Be part of the discussion on March 19 with top voices from federal agencies and the GovCon industry as th...

Cubic Defense has appointed Tammy Schmidt, who brings more than two decades of industry experience, as vice president and general manager of advanced training solutions. In a LinkedIn post published Tuesday, Cubic Defense stated that Schmidt will provide guidance on enhancing its air combat training programs and developing advanced systems...

The Department of Homeland Security plans to recompete a contract, valued between $50 million and $100 million, for systems maintenance and enhancement work supporting the Customs and Border Protection’s Air and Marine Operations Center. CACI Federal is the incumbent contractor, according to a notice published Tuesday on DHS’s Acquisitio...

Presidio, a global technology services provider, has acquired Virginia-based systems integrator and cloud services provider Achieve One to strengthen its cloud and IT capabilities in the Virginia and Washington, D.C., region. The move is intended to expand Presidio’s presence among key enterprise and public sector clients while build...

NT Concepts has appointed Mark Cabrey as CEO to lead the company as it shifts its focus toward accelerating the delivery of artificial intelligence-driven engineering, analytics and modernization capabilities for defense and intelligence customers’ critical national security missions. Who Is Mark Cabrey? Cabrey, who joined NT Concepts in 2019,...

MetTel has completed a nationwide modernization of network and voice infrastructure for the General Services Administration to boost connectivity, security and operational efficiency across nearly 800 federal locations worldwide. How Did MetTel Modernize GSA’s Network & Voice Infrastructure? The digital transformation and communicatio...

Conti Federal Services, a construction and design-build firm, has received a $97.3 million contract from the U.S. Army Corps of Engineers’ Pacific Ocean Division, Honolulu District, to build company operations facilities at South Range Schofield Barracks in Hawaii. What Is the Scope of Conti Federal’s Design-Bid-Build Military Const...