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...
MetTel was awarded a potential $54 million contract from the U.S. Veterans Administration to modernize the agency’s landlines. Utilizing POTS Transformation to Enhance VA Landlines The digital transformation and communications company said Tuesday under the multi-year, single vendor contract, MetTel will leverage its multi-carrier POTS Transfo...
Peraton has named Jeremy Savoy, a seasoned technologist, as chief technology officer of XaaS. Savoy announced his appointment in a LinkedIn post shared Tuesday. Savoy’s Career Highlights Savoy previously held the position of director of Xaas strategy and solutions at both Red River and SMS Data Products Group. He was the se...
When the Inflation Reduction Act, or IRA, and Creating Helpful Incentives to Produce Semiconductors—a.k.a. CHIPS—Act were passed, they introduced more than 30 new tax provisions, each one complex, time-sensitive, high-profile and collectively represented about $1.2 trillion in tax credits over the next 10 years. But instead of defaulting to the...
Radiance Technologies has named Jay Town, a legal professional, chief compliance officer and promoted Seth Crochet, a vice president at the company, to executive VP and general counsel. The company said Friday Town will manage compliance operations, improve Radiance’s risk management capabilities and oversee regulatory relationships with gover...
The Department of Transportation’s Maritime Administration, or MARAD, has awarded 20 contracts worth $6.2 billion combined to seven companies to manage its fleet of 51 Ready Reserve Force, or RRF, ships to strengthen national security and restore U.S. maritime dominance. Ready Reserve Force Fleet Management Contracts MARAD said Wednesday the 1...
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...
