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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...
AECOM has secured two contracts from the U.S. Army Corps of Engineers, Europe District to provide architecture and engineering throughout Germany, Poland, the Czech Republic, Norway, Denmark, and Belgium, the Netherlands and Luxembourg, or the Benelux region. The indefinite-delivery/indefinite-quantity contracts have a combined value of over $490 mi...
The Naval Facilities Engineering Systems Command Marianas has issued a pre-solicitation notice seeking industry input for two firm-fixed price, design-build/design-bid-build job order contracts to provide construction and repair services across NAVFACMAR’s area of responsibility. NAVFACMAR AOR Construction Support Contract Details Accordi...
Tom Arseneault, president and CEO of BAE Systems Inc., said the U.S. business is well positioned to benefit from the U.S. defense budget increase and support the Golden Dome missile defense shield project. DOD’s FY 2026 Budget Request In late June, senior Department of Defense officials and military leaders released DOD’s proposed $961.6...
Teledyne Brown Engineering has secured a five-year, $126.68 million indefinite-delivery/indefinite-quantity contract with cost-plus-fixed-fee and firm-fixed-price ordering provisions to deliver services to the medical modeling, simulation and mission support department at the Naval Health Research Center. Top-tier Navy experts will gather at the 202...
Xcelerate Solutions has welcomed Doug Kollme as chief financial officer. Kollme, who announced the appointment in a LinkedIn post on Thursday, joined Xcelerate with over a decade of experience as CFO of high-growth technology and services companies. Who Is Doug Kollme? The executive most recently served as CFO of Iron Bow Technologies. He also held...
