Lockheed Martin reported $18 billion in first quarter 2026 sales, maintaining a steady year-over-year performance driven by sustained demand for next-generation defense platforms. Net earnings totaled $1.5 billion, compared to $1.7 billion in the same period last year, the company said Thursday. What Drove Lockheed Martin’s Q1 2026 Performance? Gr...
Frank Whitworth, a retired U.S. Navy vice admiral and a four-time Wash100 Award recipient, has been named CEO of r4 Federal, the defense and national security subsidiary of r4 Technologies. The company said Wednesday Whitworth will oversee the deployment of r4’s Cross-Enterprise Management platform and Predictive Digital Twin technology across...
The Department of Homeland Security has moved forward with its departmentwide Cumulus cloud acquisition strategy with plans to award contracts to major cloud providers and establish an additional vehicle to enable broader competition. A justification DHS posted on SAM.gov on Tuesday outlines its approach to acquiring commercial cloud services throug...
CACI International has reported an 8.5 percent year-over-year increase in revenue to $2.4 billion and EBITDA of $289.7 million, a 12.3 percent margin, for the third quarter of fiscal year 2026. The Reston, Virginia-headquartered company said Tuesday that it is also raising its full-year revenue guidance to reflect expected growth following its March...
Amentum, an advanced engineering and technology services company, has appointed Joseph “Joe” DeNardi as senior vice president and head of investor relations. DeNardi will succeed Nathan Rutledge, who has held the role since July 2024, the Chantilly, Virginia-based company said Wednesday. What Will DeNardi Oversee at Amentum? In hi...
Virtualitics has named Jon Davis, a retired U.S. Marine Corps lieutenant general, to its board of advisers, the company announced Tuesday on LinkedIn. Davis brings over decades of military leadership and operational experience to the artificial intelligence and data analytics firm, including his expertise in aviation, readiness and strategic operati...
Reliable Robotics has raised $160 million in new funding to support the deployment and production of its Reliable Autonomy System, the autonomous aircraft systems company announced Tuesday. What Will the Funding Support? The company said the capital will be used to scale production and accelerate deployment of its Reliable Autonomy System, or R...
The U.S. Space Force is requesting industry input to identify launch providers that could support up to 25 high-priority National Security Space Launch Phase 3 missions scheduled for fiscal years 2027 to 2029. Space Systems Command posted a sources sought notice on SAM.gov on Tuesday to assess whether additional companies beyond current providers ca...
Arcfield has secured a potential three-year, $117 million follow-on contract to continue supporting the U.S. Navy’s Trident II D5 Life Extension strategic weapon system, or D5LE SWS, the government services and mission support provider said Tuesday. The 2026 Navy Summit, presented by the Potomac Officers Club, will be held on Aug. 27, wil...
MANTECH has won a position on a potential seven-year, $875 million contract with a U.S. intelligence agency to provide cyber support services. Recent major cyber contract awards highlight the growing demand for advanced cyber capabilities across government—a key theme set to take center stage at the 2026 Cyber Summit. Scheduled for May 21, the eve...
