Processing....
BWX Technologies has named Toby Smith as senior vice president and general counsel, succeeding Ronald Whitford, who will remain in an advisory capacity until early 2026. The company said Thursday that Smith will lead its legal, regulatory and compliance functions. Who Is Toby Smith? Smith brings to the role over two decades of experience in...
Northrop Grumman’s board of directors has elected John Greene as corporate vice president and chief financial officer, effective Jan. 7, 2026. Greene will succeed Ken Crews, who will leave the company on Feb. 20 to focus on other pursuits, Northrop said Thursday. Crews will remain as CFO until Greene officially assumes the role, pro...
SpaceX has agreed to acquire EchoStar’s full portfolio of unpaired AWS-3 spectrum licenses for approximately $2.6 billion in SpaceX stock. EchoStar said Thursday the transaction is expected to close following regulatory approvals and satisfaction of customary closing conditions. What the Spectrum Deal Means for SpaceX & EchoStar? Accordi...
Parsons reported $1.62 billion in third quarter fiscal 2025 revenue, down 10 percent year-over-year and 14 percent on an organic basis. Excluding its confidential contract, the defense and infrastructure engineering company achieved double-digit revenue growth of 14 percent and an organic revenue increase of 9 percent, driven by growth in its c...
Google has secured clearance from the Department of Justice to pursue its acquisition of cloud security company Wiz for approximately $32 billion, The Wall Street Journal reported Wednesday. DOJ recently indicated in a public document that it will end its investigation early, meaning it does not plan to challenge the merger. Wiz CEO on Clearing...
Peraton has received a $196 million contract from the U.S. Army to provide operational and cybersecurity support for the Network Enterprise Technology Command’s Global Cyber Center, or GCC. The company said Wednesday the award aims to help the Army advance its digital modernization efforts and improve the country’s cyber defense posture....
Firefly Aerospace has finalized its $855 million acquisition of national security technology company SciTec, combining cash and stock as payment to SciTec’s owners. The deal, first announced in October, is part of Firefly’s efforts to expand its space and defense capabilities, including launch, ground and in-orbit mission services, for n...
Baird will host its annual Defense & Government Conference on Tuesday, Nov. 18, from 7 a.m. to 7 p.m. at the Ritz-Carlton, Tysons Corner in Virginia, uniting senior executives, investors and government leaders for a day of dynamic discussion, company presentations and market insight. The 2025 event, themed “Innovation, Mission, and Capital...
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 ...
