SAIC reported $1.84 billion in revenue during the fourth quarter of fiscal year 2025, reflecting a 5.8 percent organic growth, and saw its full-year FY 2025 revenue increase by 3.1 percent organically to $7.48 billion. Q4, Full FY25 Financial Highlights In an earnings statement published Monday, the Reston, Virginia-based government technology servi...
Solipsys, a subsidiary of RTX business Collins Aerospace, has secured a potential four-year, $182 million contract from the U.S. Navy to provide software licenses and lifecycle support for software sustainment. Contract Scope The Department of Defense said Monday the indefinite-delivery/indefinite-quantity contract also covers technical support serv...
The U.S. Army has awarded 10 companies positions on a potential 10-year, $921.1 million contract to help prolong the service life of the military branch’s tactical engagement simulation systems. The Department of Defense said Thursday Army Contracting Command launched an internet solicitation and received 10 offers for the hybrid contract. The...
Following the sunsetting of Task Force Lima last year and coming on the heels of the AI Rapid Capabilities Cell is Thunderforge, the Department of Defense’s newest artificial intelligence endeavor. With the project, the Pentagon is looking to boost its planning, decision-making capabilities and operational protocol. And it has recruited a maj...
KBR reported $2.1 billion in fiscal 2024 fourth-quarter revenue, up 23 percent from the prior-year period, and saw its full-year revenues increase 11 percent to $7.7 billion, reflecting a 9 percent organic growth. Q4, Full-Year Financial Highlights In an earnings release published Monday, the Houston-based engineering contractor said Q4 net income w...
Pete Hegseth, secretary of defense and a 2025 Wash100 Award winner, has announced the intention of President Donald Trump to nominate retired Lt. Gen. Dan “Razin” Caine as chairman of the Joint Chiefs of Staff. In a press release published Friday, Hegseth also called for the nomination of key military positions. Who is the Next...
Lockheed Martin has received a U.S. Navy contract worth approximately $1.36 billion to produce AN/BLQ-10 electronic warfare systems for the military branch’s submarines. The Department of Defense said Monday Naval Sea Systems Command conducted a full and open competition for the indefinite-delivery/indefinite-quantity contract and will obligat...
The Department of Defense has awarded West 4th Strategy a position on the potential five-year, $1.8 billion Personnel and Readiness Infrastructure Support Management, or PRISM, contract vehicle to provide critical support services for DOD. The IT services provider said the award is for the Personnel and Readiness pool of the PRISM contract. Gregg Me...
Jeff Colclough, a U.S. Air Force veteran, has been appointed vice president of business development at SOS International. The Reston, Virginia-headquartered company said Tuesday Colclough will spearhead its expansion in the Intelligence Community. He will also guide his team in capturing new businesses and seeking opportunities to provide national ...
Digital modernization is a necessity for government agencies and commercial companies alike as technology continues to evolve. Leidos picked up on this cue and created the Digital Modernization Sector that looks across the entire organization and brings emerging tech to “orchestrate innovation” for its customers. GovCon Wire had the pleasur...
