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Space technology and services company Intuitive Machines has agreed to acquire KinetX, an aerospace company offering deep space navigation, systems engineering, ground software and constellation mission design. Enhancing Deep Space Exploration Capabilities The Intuitive Machines said Wednesday the acquisition of KinetX, expected to be...
Amentum reported $3.6 billion in fiscal 2025 third quarter revenues, up 2 percent year-over-year. The advanced engineering and technology company also outperformed its expected earnings per share with an adjusted diluted EPS of $0.56, up 10 percent year-over-year and 80.65 percent higher than the forecasted $0.31. According to the earnings rele...
Austal USA was awarded a $273 million contract option by the U.S. Coast Guard to construct a second Stage 2 Heritage-class Offshore Patrol Cutter, or OPC. The shipbuilding company said Wednesday the contract also covers the procurement of long lead-time material needed to build a third Stage 2 OPC. The contract falls under a broader contract...
Deloitte Consulting has secured a $115 million, firm-fixed-price contract award from the U.S. Air Force for services on the cybersecurity training of personnel in the USAF and other Department of Defense entities. The services of the Arlington, Virginia-based company under the indefinite-delivery/indefinite quantity contract will support the curricu...
Motorola Solutions has completed its acquisition of Silvus Technologies, a Los Angeles-based company known for its mobile ad-hoc network technology. In a press release published Wednesday, Motorola said the deal will enable it to expand into a multibillion-dollar and rapidly growing market focused on drones and other unmanned systems. Silvus’ MANE...
L3Harris Technologies will serve as the principal contractor in a proposed $404 million foreign military sale that the Department of State approved to support Australia’s MC-55A aircraft fleet. The Australian government requested to buy MC-55A Baseline 2 upgrades and related equipment and services, including major and minor modifications, spare pa...
LMI has appointed Jared Summers and Joseph Norton to key leadership roles, aligning with the company’s efforts to expand its technology organization. Boosting Technology Delivery The McLean, Virginia-based company said Tuesday the strategic expansion aims to enhance its ability to deliver off-the-shelf, ready-to-deploy services ...
Leidos reported $4.25 billion in fiscal year 2025 second-quarter revenue, up 3 percent from the prior-year period, and attributed the revenue growth to increased demand across all customer segments, particularly in defense systems due to strong demand for military technologies. In an earnings release published Tuesday, the defense and IT services co...
“The Ukrainian government has secured United States approval to procure equipment, repair services and sustainment support for M777 howitzers and transportation and consolidation services in support of security assistance programs and other related elements of logistics and program support. The Department of Defense is working to strengthen it...
The U.S. Army Mission and Installation Contracting Command has awarded TRAX International a $726.9 million cost-plus-fixed-fee contract for test center support services. Work will be performed through Aug. 4, 2032, with locations and funding to be determined with each order, the Department of Defense said Tuesday. The contract was competitively proc...
