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Lockheed Martin has received three contracts worth $3.1 billion combined from the Missile Defense Agency and U.S. Navy to provide continued support for the Aegis Ballistic Missile Defense weapon system. Aegis BMD Combat Systems Engineering Agent Award  The Department of Defense said Tuesday Lockheed’s rotary and mission systems business w...

Parsons has acquired Chesapeake Technology International, a Bluestone Investment Partners portfolio company, for approximately $89 million as part of a push to expand its electromagnetic warfare and all-domain offerings for the U.S. defense market. Parsons said Tuesday the transaction aligns with its strategy of broadening its portfolio of critical ...

Bethesda, Maryland-based Emagine IT has appointed Cedric Sims, a more than 25-year public sector leader, as CEO. In this capacity, Sims will oversee efforts to help deepen EIT’s commitment to plug-and-play innovation, mission-aligned delivery and operational efficiency in support of federal IT customers. EIT has provided secure, scalable platf...

Senior Department of Defense officials and military leaders released on Thursday DOD’s $961.6 billion fiscal year 2026 proposed budget, which includes $848.3 billion in discretionary funding and $113.3 billion in mandatory funding through congressional reconciliation, DOD News reported. “This historic defense budget prioritizes strengthe...

Julia Martin has been selected to take on the interim CEO role and lead Advanced Technology International during the transition period. ATI said Thursday the board of directors appointed Martin to replace John Jansen, who recently resigned as CEO. Who Is Julia Martin? Martin is a longstanding executive at ATI, having been with the company ...

The State Department has selected 16 companies for the 10-year, $5 billion GLOBALCAP contract vehicle to support U.S. foreign policy initiatives worldwide to strengthen peace, security and regional stability. According to an award notice published Wednesday, eight companies won spots on the contract’s full and open competition pool and eight v...

Dataminr has appointed Tiffany Buchanan as chief financial officer, responsible for scaling the company’s financial operations and enhancing its readiness for future capital market opportunities. Tiffany Buchanan’s Career Highlights Buchanan assumed her new role after 13 years at CrowdStrike, where she held various leadership positions, ...

Lockheed Martin has completed its acquisition of the Rapid Solutions business unit of Amentum. Lockheed said Thursday the move is intended to integrate the engineering and technology services company’s advanced space and airborne mission capabilities into its existing technology portfolio, strengthening its ability to support nationa...