HII reported revenue decline of 2.5 percent to $2.7 billion in the first quarter of 2025 compared to $2.8 billion during the same period in 2024. The company said Thursday that the slightly lower Q1 revenue is caused by decreased demand across Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies. Per Segment Revenue HII’s I...
The National Oceanic and Atmospheric Administration has awarded ManTech a potential $198.9 million contract to provide support for the NOAA Cyber Security Center, or NCSC, to improve its capability in providing security operations center as a service, or SOCaaS, for its partners. NOAA announced the award through a notice published Wednesday on SAM.g...
Booz Allen Hamilton has secured a potential $743.1 million contract from the U.S. Air Force for enterprise level application modernization and migration. Contract Specifications The Department of Defense said Wednesday time-and-materials and firm-fixed-price task order covers services supporting the modernization and migration of enterprise app...
AeroVironment has completed its acquisition of BlueHalo to advance its position as a global defense technology company with integrated capabilities across ground, air, maritime, cyber and space domains. “We are excited to complete the acquisition of BlueHalo and move forward as an even stronger and more unified AV that provides the scale, tale...
V2X has secured a potential $140 million task order from the U.S. Space Force to provide services supporting the operations of a tracking and instrumentation station. Task Order Details The Reston, Virginia-based company said Wednesday the five-year, firm-fixed-price contract, awarded under the Air Force’s Contract Augmentation Program V,...
National security platforms provider VTG has acquired Triaplex to broaden its cyber warfare and signals intelligence capabilities. Chantilly, Virginia-based VTG said Wednesday the deal marks its fourth acquisition since receiving a majority investment from private equity firm A&M Capital. In February, VTG purchased Loki Solutions to expand its p...
In separate LinkedIn posts shared Wednesday, Dave Hirko and Trevor Springman announced that they have been appointed to key executive positions at Peraton. Hirko was named chief technology officer and vice president for defense mission and health solutions while Springman was appointed VP of capture management. Dave Hirko Hi...
The Naval Sea Systems Command has awarded a contract modification to General Dynamics Electric Boat and Huntington Ingalls Inc., Newport News Shipbuilding for the construction of two Virginia-class submarines. The contract also includes increased workforce support and further investments in nuclear shipbuilding programs, NAVSEA said Wednesday. ...
Parsons reported record revenue of $1.6 billion during the first quarter of fiscal year 2025, reflecting a 1 percent year-over-year growth, and ended the quarter with a record total backlog of $9.1 billion with a book-to-bill ratio of 1.1x on net bookings of $1.8 billion. Q1 2025 Financial Highlights In an earnings release published Wednesday,...
The State Department has cleared a foreign military sale request by Kuwait for the procurement of Patriot post-deployment build 8.1 and related equipment worth an estimated $425 million. The Defense Security Cooperation Agency said Wednesday RTX will serve as the principal contractor. The DSCA has also notified Congress of the proposed de...
