KBR reported a strong performance in the first quarter of 2025, with double-digit growth in both revenue and adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA. Q1 2025 Financial Highlights The aerospace and defense company said Tuesday it gained revenue of $2.1 billion, up 13 percent compared to the prior year. The a...
Adam Morton, a U.S. Army veteran and industry executive, has been selected as the chief growth officer of Interactive Process Technology. The zero trust digital transformation company said Tuesday it also intends to undergo reorganization and create two new business units to further optimize the technical expertise of both capability areas...
Triple Canopy has secured a task order valued at $95 million to provide Protective Security Officers, supervisors and management support to the Food and Drug Administration’s headquarters in Silver Spring, Maryland. The Constellis subsidiary said Tuesday that the award is a continuation of its work with the agency, which started in 2018. ...
Julian Setian, president and CEO of SOS International, has been presented with the 2025 Wash100 Award during a personal visit by Executive Mosaic CEO Jim Garrettson. Setian earned his fourth Wash100 honor for leading SOSi in its continuous support of U.S. government and military missions globally. “I’m pleased to welcome Julian back...
The Department of State has approved Israel’s request to purchase Eitan powerpack engines and related equipment. Congress has been notified about the proposed foreign military sale valued at $180 million, the Defense Security Cooperation Agency said Monday. Rolls-Royce Solutions America will serve as the principal contractor. Israel FMS Detail...
Kodiak Robotics has agreed to merge with special purpose acquisition company Ares Acquisition Corporation II, or AACT, in a transaction that would take the autonomous vehicle technology provider public. In a joint release published Monday, the companies said the boards of directors of Kodiak and AACT have unanimously approved the transaction, which ...
Executive Mosaic CEO Jim Garrettson has presented the 2025 Wash100 Award to Vincent DiFronzo, executive vice president for SAIC’s Air Force and combatant commands business group. DiFronzo, now a two-time Wash100 Award winner, is being recognized for his and SAIC’s contribution to strengthening national security and facilitating IT an...
Technology firm Repkon USA has purchased the Garland, Texas-based operations facility of General Dynamics Ordnance and Tactical Systems to broaden its market presence and enhance its commitment to delivering high-quality platforms to the Department of Defense and its allies. “This strategic acquisition by REPKON USA provides us with a large-sc...
Supplycore and ASRC Federal have received contracts with a combined maximum value of $150 million from the Defense Logistics Agency for maintenance, repair and operations, or MRO, support services. DLA’s MRO Contract Details The Department of Defense said each company was awarded a potential $75 million firm-fixed-price, in...
Risk management services provider RMC Global has acquired Shearer and Associates for an undisclosed sum as part of a push to bolster its service offerings and expand its presence within the defense and critical infrastructure sectors. In a statement published Tuesday, RMC CEO Vince Kuchar said the acquisition marks a key step in advancing the...
