RTX (NYSE: RTX) has received a potential 10-year, $175 million contract from the U.S. Air Force to provide overhaul and repair support for advanced high-frequency radar components and related end items on the B-2 Spirit bomber aircraft. Work on the sole-source, indefinite-delivery/indefinite-quantity contract will occur in El Segundo, California, th...
KBR (NYSE: KBR) posted $1.75 billion in second quarter revenue to register a year-over-year increase of 8 percent and a higher backlog under its government business for the three months ended June 30. The company said Thursday quarterly backlog in the KBR Government Solutions unit amounted to $16 billion, compared with the $11.5 billion recorded...
Alexis Bonnell, former emerging technology evangelist at Google‘s public sector business, has been named the inaugural chief information officer of the Air Force Research Laboratory and director of AFRL’s new digital capabilities directorate. She will oversee the development of the lab’s digital capabilities and information technol...
Eleven small businesses have won spots on a potential $200 million indefinite-delivery/indefinite-quantity contract to develop, integrate and update software platforms for a U.S. Navy program executive office focused on command, control, communications, computers and intelligence. The small business set-aside contract will involve using artificial i...
The Potomac Officers Club is hosting its 9th Annual Intel Summit on Thursday, September 21, 2023, bringing together leading voices from the intelligence community, government and industry to discuss the state of American intelligence and what lies ahead for the critical sector. As an organization under the Executive Mosaic umbrella, t...
IBM (NYSE: IBM) has landed a potential eight-year, $1 billion contract to manage, integrate and maintain IBM Z systems mainframe and related hardware and software for the Internal Revenue Service. The IRS Enterprise Systems – IBM Support indefinite-delivery/indefinite-quantity award has a one-year base period and seven option years, according ...
L3Harris Technologies (NYSE: LHX) reported $4.69 billion in second-quarter revenue, up 13 percent from the prior-year period, and lifted sales outlook for 2023 with growth across the company’s three core business segments. The Melbourne, Florida-based aerospace and defense contractor now expects full-year revenue of between $18.0 billion and $...
CACI International (NYSE: CACI) has booked a five-year, $209 million contract from the U.S. Navy Fleet Forces Command to support the Naval Forces Logistics program. The company said Wednesday it will continue to build software and other technology platforms for the USFFC NFL mission under the single-award prime contract. USFFC is tapping into CACI&#...
General Dynamics (NYSE: GD) saw its revenue increase 10.5 percent year-over-year to $10.2 billion during the second quarter of fiscal 2023 and reported net earnings of $744 million and $2.70 in diluted earnings per share. The Reston, Virginia-based defense and aerospace contractor said Wednesday it achieved a record-high backlog of $91.4 billion wit...
NewSpring Holdings has bought Bridge Core for an undisclosed sum as part of a strategy to establish a full-spectrum company focused on meeting the technology needs of the U.S. intelligence community. NewSpring said Wednesday Chad Kim, most recently chief technology officer at QinetiQ Group’s U.S. arm, has been appointed CEO of Bridge Core, a provi...
