Amentum reported $3.4 billion in first-quarter revenues for fiscal year 2025, reflecting a 2.3 percent increase on a pro forma basis driven by growth in the company’s digital and global engineering solutions segments. Q1 Fiscal 2025 Results In an earnings release published Tuesday, Amentum said its generally accepted accounting principles, or ...
Defense manufacturer Castelion has raised $100 million in equity and debt financing. The El Segundo, California-based company said Wednesday it will use the capital to increase prototype testing, scale manufacturing facilities and conduct a capability demonstration of its first hypersonic strike weapon. Financing Round Castelion secured $70 million ...
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...
CACI International has reported $2.1 billion in revenues for the second quarter of fiscal 2025, an increase of $14.5 percent compared to the same period in 2024. The Reston, Virginia-headquartered government and defense technology company said Thursday it secured a total of $1.2 billion in contract awards during the quarter that ended on Dec. 31,...
Technology company Alpha Omega has acquired IT contracting firms Macro Solutions and SeKON as part of a push to drive innovation and growth and broaden its offerings for military and federal agency clients. Macro Solutions Purchase Alpha Omega said Thursday the Macro Solutions acquisition will strengthen its national security division, enabling it t...
Ray Fitzgerald has been appointed senior vice president of strategy for the intelligence, surveillance reconnaissance, aviation and security, or IAS, business area at SNC. The global aerospace and national security company said Thursday Fitzgerald will lead the business development, strategic planning, capture management and technology dev...
The Defense Logistics Agency has awarded $4.9 billion in contracts to ASRC Federal and Noble Supply and Logistics to provide maintenance, repair and operations support services at U.S. military facilities. The Department of Defense said Wednesday the DLA Troop Support in Philadelphia received four offers for work in Northeast Zones 1 and 2 thr...
Sentient Digital Inc. has acquired Maritime Surveillance Associates for an undisclosed sum to expand its sonar and acoustic technological capabilities for the U.S. Navy and partner countries. SDi said Monday the transaction enables it to focus on maritime security, cloud-based advanced analytics, foreign military sales and other key growth areas. &#...
Much commotion was made online and in the media over the holiday season regarding reported sightings of unmanned aircraft in the U.S. airspace. In particular, a number of testimonies came from citizens in New Jersey spotting drones in the skies near Picatinny Arsenal and Naval Weapons Station Earle. In news conferences, the Department of Defens...
Aaron Weis needs little introduction. The technology maven built a reputation through years spent as a chief information officer and business leader in the private sector at small and midsized companies, before becoming a senior advisor to the Department of Defense CIO in 2018. He had overseen technology divisions of multibillion-dollar organization...
