Processing....
Five companies have landed spots on a five-year, $95 million contract for architect-engineering services to support multidiscipline projects at the U.S. Navy and Marine Corps. Naval Facilities Engineering Systems Command Atlantic received six offers for the indefinite-delivery/indefinite-quantity contract via the internet, the Department of Defense ...
Leidos (NYSE: LDOS) posted $164 million in net income and diluted earnings per share of $1.17 in the third quarter of fiscal year 2022 and saw its revenue rise 4 percent to $3.6 billion for that period. The company attributed the sales growth to increased deployments on the Defense Healthcare Management System Modernization program, ramp-up...
Michelle Alcathie, former vice president of human resources at Kratos Defense & Security Solutions (Nasdaq: KTOS), has taken on the same position at Austal‘s U.S. ship manufacturing division. She will oversee the development and implementation of policies, programs and services related to Austal USA’s HR management and workforce deve...
Sean Frazier, federal chief security officer at Okta (Nasdaq: OKTA), said government agencies should consider identity as critical infrastructure and modernize their identity and access management to provide better user experiences. “Agencies can assess the state of their identity infrastructure by continually asking whether they are delivering th...
William Lynn, CEO of Arlington, Virginia-based Leonardo DRS, said he believes trading on the stock market will give the company “much more strategic flexibility to build” and an opportunity to generate cash to fund future acquisitions, Breaking Defense reported Monday. In June, Leonardo DRS and Israel-based RADA Electronic Industries (Nasdaq: RA...
The U.S. Space Force has issued a list of future commercial satellite communications requirements to help interested vendors prepare for potential solicitations in fiscal year 2023. The service noted that the 11 planned procurement contracts projected for the next 11 months are subject to change, according to a sources sought notice published Thursd...
HII’s (NYSE: HII) Ingalls Shipbuilding division has received a potential $2.4 billion contract modification to design and build the amphibious assault ship LHA 9 for the U.S. Navy. The modification to a previously awarded contract in April 2020 includes options that would bring the contract’s total value to $3.2 billion if exercised, HII said Th...
General Dynamics (NYSE: GD) booked a profit of $902 million for the third quarter of its 2022 fiscal year, 4.9% higher than the $860 million net earnings it reported over the same period in 2021. Revenue for the period climbed 4.3% to $9.98 billion from $9.57 billion. The aerospace and defense contractor said Wednesday diluted...
NASA has kicked off a full and open competition for a potential eight-year, $400 million contract for functional activity support to the agency’s Shared Services Center. A selected vendor will assist NSSC in various areas such as intelligent automation, business services, procurement, financial management and human resources, according to a so...
Elbit Systems (Nasdaq: ESLT) has secured a $215 million contract to supply an aerial intelligence platform to an unnamed customer in the Asia-Pacific region. The international client could receive the ordered system within a two-year period, Elbit Systems said Thursday. The Israeli defense contractor will also manufacture a combat networked system a...
