Processing....
Higher sales from commercial airplanes and the defense, space and security business contributed to Boeing’s (NYSE: BA) $17.9 billion revenue for the first quarter of 2023. The company on Wednesday published its quarterly performance, which reflected a 28 percent increase in revenue compared to the same period last year. Boeing’s commerci...
Science Applications International Corp. (NYSE: SAIC) will help the Defense Counterintelligence and Security Agency update information technology systems under a potential five-year, $889 million contract. The General Services Administration’s Federal Systems Integration and Management Center issued the award for “One IT” development and i...
Ensco has acquired rail infrastructure inspection system provider KLD Labs through an equity purchase transaction. The two companies will combine their technology platforms and engineering services to help customers inspect train tracks and vehicles, Ensco said Tuesday. Hauppauge, New York-based KLD offers digital tools to support automated manageme...
The Department of Health and Human Services has awarded Amentum a position on a potential 10-year, $75 billion multiple-award contract to provide facilities and services for refugees across the continental U.S. Amentum said Tuesday it will compete for task orders in the areas of direct care, facilities management and wrap around services in support ...
Raytheon Technologies (NYSE: RTX) reported $17.2 billion in sales during the first quarter of 2023, up 10 percent from the prior-year period, and saw earnings for the period rise 6 percent to $1.22 per share. The Arlington, Virginia-based aerospace and defense contractor said Wednesday it ended the quarter with a record backlog of $180 billion...
Gerry Dorros, a government services sector veteran with more than two decades of investment and operational experience, has been named managing director at private equity firm Sagewind Capital. He will lead the establishment of Sagewind’s Washington, D.C. office, the New York-based private equity firm said Tuesday. Dorros is a founding member ...
Sean Duguay, a nearly three-decade government market veteran, has been named president and chief revenue officer at Arlington, Virginia-based information technology company M9 Solutions. Duguay pointed to M9’s leadership, growth potential and culture as the main factors that drove him to accept the job, the company said Tuesday. He spent more ...
Evan Lovell, chief investment officer of the Virgin Group, has been appointed chair of the board of directors at commercial spaceflight and vehicle development company Virgin Galactic (NYSE: SPCE). Lovell has served as the company’s interim chair since February 2022 and has two decades of global private equity and mergers and acquisitions expe...
The Air Force Research Laboratory’s information directorate has issued a broad agency announcement valued at approximately $500 million to identify potential partners that could research, develop, test and evaluate quantum information technology to support command, control, communications, computers and intelligence missions. A notice posted T...
Aeyon has received a two-year task order from the Department of the Navy to support data cleansing initiatives and to prepare to migrate the service branch’s legacy financial management applications to a new enterprise resource planning system. The order in support of the Naval Office of Financial Operations was issued under a potential $1 bil...
