DOD’s space enterprise continues to evolve its acquisition strategy culture by cancelling contracts for poor performance and emphasizing delivering critical warfighting capability, not future promises, Maj. Gen. Stephen Purdy said Thursday at the Potomac Officers Club’s 2025 Air and Space Summit. Purdy, the acting assistant secretary of...
Former Intelsat CEO David Wajsgras has been named to the HawkEye 360 board of directors. An eight-time Wash100 Award winner, he brings to the HawkEye board more than 25 years of experience as a senior aerospace and defense executive, the company said Thursday. According to Wajsgras’ LinkedIn profile, he served as Intelsat CEO f...
Software development company BTI360 has appointed national security leader David Shedd as chair of its advisory board. In this capacity, Shedd will help guide BTI360’s strategic direction as the company continues to develop mission-capable software for U.S. government partners. In a LinkedIn post published Thursday, the company said it w...
Lockheed Martin has secured a U.S. Air Force contract modification worth approximately $4.3 billion for the procurement of Joint Air-to-Surface Standoff Missile, or JASSM, and Long-Range Anti-Ship Missile, or LRASM. JASSM, LRASM Contract Modification Scope The Department of Defense said Thursday the contract action covers Lots 22 through 26 of JASSM...
Palantir has secured an enterprise agreement, or EA, from the U.S. Army to provide commercial software to warfighters. The EA consolidates 75 contracts into a single deal to ensure that required capabilities are delivered as soon as possible and to eliminate contract and reseller pass-through fees, the Army said Thursday. Palantir’s 10-Year Ar...
BWX Technologies has announced the appointment of Mike Fitzgerald as the company’s permanent chief financial officer. Fitzgerald was named interim CFO on May 12 after Robb LeMasters stepped down as executive vice president and CFO, BWXT said Thursday. According to Rex Geveden, BWXT president and CEO, Fitzgerald has done an outstanding job as i...
KBR’s Mission Technologies Solutions, or MTS, business segment reported $1.4 billion in fiscal 2025 second-quarter revenues, up 7 percent from the prior-year period, and posted $141 million in Q2 adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, a 6 percent increase from the year-ago quarter. MTS, formerly KBR...
SAIC will continue to provide training solutions to the U.S. Navy under a renewed prime contract valued at $202 million in support of the Fleet Deployment Training Program. Under the contract, which has a 10-month base period, four one-year options and one six-month potential extension period, SAIC will provide modernized virtual and synthetic train...
Leidos subsidiary Dynetics has secured a U.S. Army contract worth approximately $264.6 million to help the military branch meet its weapon system requirements for the Indirect Fire Protection Capability, or IFPC. Dynetics’ Army Contract Scope The Department of Defense said Wednesday the Army Contracting Command at Redstone Arsenal in Alabama c...
Cybersecurity company Palo Alto Networks has agreed to acquire identity security company CyberArk in a cash-and-stock transaction valued at approximately $25 billion. Palo Alto Networks-CyberArk Combination Palo Alto said Wednesday it expects the acquisition to close in the second half of its fiscal year 2026, subject to approval by CyberArk shareho...
