HII‘s (NYSE: HII) mission technologies business will support the U.S. Navy’s shore-based training systems under a potential five-year, $242 million task order. The project will include applying a DevSecOps model to the hardware and software product development life cycle in support of the Naval Surface Warfare Center Dahlgren Division Da...
Space is at its largest inflection point in decades, and as commercial space activity continues to rise, United States government leaders are taking a page from industry’s book on how to drive more rapid innovation, especially in the face of increasing global competition. While technology and acquisition processes are typically at the center of th...
DCS has won a potential eight-year, $2.09 billion contract to support a U.S. Army research and development laboratory that works on advanced technology for military ground systems. Army Contracting Command received three bids for the cost-plus-fixed-fee contract covering technical and engineering services to the Combat Capabilities Development Comma...
SpaceX Founder and CEO Elon Musk said the company expects to spend approximately $2 billion on the Starship rocket program in 2023 and might not need to seek outside funding to support the initiative, The Wall Street Journal reported Saturday. “To the best of my knowledge, we do not need to raise incremental funding for...
U.S. space agencies are gearing up for a launch-filled summer as some of the country’s most highly-anticipated and promising programs make important progress. The rise in government launches in recent months mirrors the exponential growth of the commercial space industry and aligns with a speed-focused strategy set in motion by the Air Force’s a...
CACI International (NYSE: CACI) logged a 10.1 percent year-over-year increase in revenue for the third quarter of its 2023 fiscal year to $1.74 billion, activity the company attributed to organic growth. Profit for the three months ended March 31 rose to $100.7 million from $95.4 million in the prior-year period, while net income on a...
Knoxville, Tennessee-based Management Solutions will help the Department of Energy review and monitor clean energy demonstration projects under a potential five-year, $192 million contract. AECOM (NYSE: ACM) and Navarro Research and Engineering will serve as subcontractors in support of DOE’s office of clean energy demonstrations and third-par...
Higher sales from commercial airplanes and the defense, space and security business contributed to Boeing’s (NYSE: BA) $17.9 billion revenue for the first quarter of 2023. The company on Wednesday published its quarterly performance, which reflected a 28 percent increase in revenue compared to the same period last year. Boeing’s commerci...
Science Applications International Corp. (NYSE: SAIC) will help the Defense Counterintelligence and Security Agency update information technology systems under a potential five-year, $889 million contract. The General Services Administration’s Federal Systems Integration and Management Center issued the award for “One IT” development and i...
Gerry Dorros, a government services sector veteran with more than two decades of investment and operational experience, has been named managing director at private equity firm Sagewind Capital. He will lead the establishment of Sagewind’s Washington, D.C. office, the New York-based private equity firm said Tuesday. Dorros is a founding member ...
