HII (NYSE: HII) reported net earnings of $138 million, or $3.44 per diluted share, for the third quarter of its 2022 fiscal year and registered a 12.3 percent growth in sales year-over-year to $2.6 billion. The military shipbuilder said Thursday that its Newport News Shipbuilding business and sales generated through its acquisition of Alion Sc...
Amy Rall, formerly a senior vice president at Science Applications International Corp. (NYSE: SAIC), has been named president of the federal group at digital transformation services provider DMI. She will manage the Bethesda, Maryland-headquartered company’s portfolio of service offerings for federal civilian, defense, health and national secu...
Baird will host its highly anticipated 2022 Government & Defense Conference on Thursday, Nov. 17th featuring heavyweight executives to the government contracting (GovCon) community as well as current and former government officials who will discuss a wide range of critical topics, including intelligence, space and defense challenges and top...
The State Department has cleared Australia’s request to procure from the U.S. government two dozen military transport aircraft built by Lockheed Martin (NYSE: LMT) and related equipment under a potential $6.35 billion foreign military sales deal. The Australian government asked to buy 24 C-130J-30, the stretch variant of Lockheed’s Hercu...
Amazon’s (Nasdaq: AMZN) cloud computing business and Project Kuiper, Microsoft (Nasdaq: MSFT) and SpiderOak Mission Systems have received contracts for the second phase of a Defense Innovation Unit project that seeks to demonstrate a hybrid architecture that would connect ground communications systems to satellite networks. The Hybrid Space Archit...
Parsons (NYSE: PSN) saw its third quarter revenue for fiscal year 2022 jump 19 percent to $1.13 billion and attributed the sales growth to ramp-up of contract work and increased hiring activity. The Centreville, Virginia-based contractor said Wednesday it posted $1.3 billion in Q3 2022 net bookings with a book-to-bill ratio of 1.1x and ended...
The State Department approved a potential $535 million foreign military sales request from Finland for guided multiple launch rocket systems and supporting equipment. Lockheed Martin‘s (NYSE: LMT) missiles and fire control business will serve as the prime contractor for the proposed sale, the Defense Security Cooperation Agency said Wednesday....
Dan Fermon, interim chief operating officer at Firefly Aerospace since May, has been appointed to the COO position on a full-time basis. He will continue to oversee a range of business operations at the Texas-based space transportation company including the production of the Alpha rocket for future launch missions and the establishment of the Propul...
KeyLogic Systems, an information technology company in West Virginia, has won a Department of Energy contract worth nearly $100 million to provide strategic analysis support services to the National Energy Technology Laboratory. DOE announced the award of the cost-plus-award-fee contract in a notice posted Wednesday on SAM.gov. Work covers sup...
LMI President and CEO Doug Wagoner was recognized with the 2022 Technology Good Scout Award during an annual luncheon event hosted by the National Capital Area Council of the Boy Scouts of America at the Tysons Corner Marriott hotel on Wednesday. Doug Wagoner (center) with his daughter, Lydia Wagoner (left) and wife, Raelene Wagoner (right)...
