Lockheed Martin (NYSE: LMT) has booked a potential $4.79 billion contract to produce surface-to-surface munitions and associated equipment for the U.S. Army’s Guided Multiple Launch Rocket System. The service branch ordered two full-rate production lots of the GMLRS Unitary and Alternative Warhead rounds for itself and foreign military custome...
CACI International (NYSE: CACI) logged a 10.1 percent year-over-year increase in revenue for the third quarter of its 2023 fiscal year to $1.74 billion, activity the company attributed to organic growth. Profit for the three months ended March 31 rose to $100.7 million from $95.4 million in the prior-year period, while net income on a...
V2X (NYSE: VVX) has won a potential $324.2 million contract from the U.S. Navy to provide base operations support services at Naval Station Guantanamo Bay in Cuba. The Naval Facilities Engineering Systems Command Southeast in Jacksonville, Florida, received two offers for the indefinite-delivery/indefinite-quantity contract, the Department of Defens...
Northrop Grumman (NYSE: NOC) posted $9.3 billion in revenue for the first quarter of 2023, a 6 percent increase from the same period last year, as its defense, mission and space systems business logged higher sales. In its quarterly earnings report released Thursday, Northrop reported an operating income of $947 million and a margin rate...
Ten small businesses have won spots on the second iteration of the Department of Justice’s Asset Forfeiture Investigation Services contract. DOJ listed the awardees of its multivendor AFISS 2 procurement vehicle in a notice posted Thursday on SAM.gov. Contractors will compete for task orders to perform investigative, legal, analytical and tech...
Jocelyn Hsu, chief administrative officer at Alpha Omega Integration since October 2021, has transitioned to a new role as the company’s chief delivery officer. She will lead the planning and execution of strategic accounts and oversee client delivery quality assurance initiatives in her new position, Alpha Omega said Thursday. Hsu previously ...
GovCon industry veteran Damian DiPippa has been appointed CEO of Aretum, the newly created government services platform company within Renovus Capital Partners. Atif Gilani, founding partner at Renovus Capital, said in a statement published Thursday DiPippa’s experience and knowledge of the government services sector will enable him to impleme...
Lentech, a small disadvantaged business that offers information technology and space systems engineering support to government customers, has purchased the assets of fellow IT company Eclipse Engineering. Eclipse will become a division of Lentech and the combined organization will have software, cloud, cyber service offerings for federal civilian, d...
FDH Aero, a supply chain services provider in the aerospace and defense market, has purchased interconnect and electromechanical product supplier BJG Electronics Group for an undisclosed amount. Glenn Davidson, chairman and CEO of BJG, will serve as an adviser to support the integration while the current BJG team will continue to manage daily operat...
Knoxville, Tennessee-based Management Solutions will help the Department of Energy review and monitor clean energy demonstration projects under a potential five-year, $192 million contract. AECOM (NYSE: ACM) and Navarro Research and Engineering will serve as subcontractors in support of DOE’s office of clean energy demonstrations and third-par...
