Leidos (NYSE: LDOS) posted $164 million in net income and diluted earnings per share of $1.17 in the third quarter of fiscal year 2022 and saw its revenue rise 4 percent to $3.6 billion for that period. The company attributed the sales growth to increased deployments on the Defense Healthcare Management System Modernization program, ramp-up...
Northrop Grumman Corporation is a global security leader providing innovative systems, solutions, and products to government and commercial customers. It’s a pioneer in military aircraft design and technology with products and systems ranging from advanced intelligence, space, and strike systems to cybersecurity solutions and all-seeing radars...
FireFly Aerospace, a portfolio company of private equity firm AE Industrial Partners, is aiming to raise $300 million in a new funding round by the end of the year. Bill Weber, CEO of FireFly, said the company would use the new capital to advance a medium-lift spacecraft through a development partnership with Northrop Grumman (NYSE:...
Michelle Alcathie, former vice president of human resources at Kratos Defense & Security Solutions (Nasdaq: KTOS), has taken on the same position at Austal‘s U.S. ship manufacturing division. She will oversee the development and implementation of policies, programs and services related to Austal USA’s HR management and workforce deve...
William LaPlante, undersecretary for acquisition and sustainment at the Department of Defense, was presented his 2022 Wash100 Award, the most prestigious award in all of government contracting (GovCon), by Executive Mosaic CEO Jim Garrettson during a summit hosted by Potomac Officers Club (POC). Executive Mosaic recog...
The global supply chain has come under heightened scrutiny and concern in the past few years, largely due to disruptions caused by COVID-19. As U.S. leaders turn their focus toward building and maintaining a secure, resilient supply chain, federal agencies are taking a closer look at the vendors they partner with in national security missions....
The U.S. Army has asked industry stakeholders to submit proposals for a potential 10-year, $900 million contract to enable the service to accelerate modernization priorities and innovation to support warfighters in multidomain operations. The Army Modernization Priorities program is a multiple-award, indefinite-delivery/indefinite-quantity contract ...
The U.S. Navy is seeking proposals for a follow-on procurement of technical support services to model and simulate combat environments. The next Battlespace Modeling and Simulation contract will have an indefinite-delivery/indefinite-quantity structure and is reserved for small business proposers, according to a solicitation notice posted Tuesday on...
Craig Shinn, a more than two-decade technology industry veteran, has joined Maximus as vice president of digital government solutions. He will oversee a team responsible for delivering digital platforms meant to help state and local government agency clients improve the user experience, Maximus said Thursday. Ilene Baylinson, general manager for U.S...
Suresh Subbaratinam, former enterprise solutions architect at CACI International (NYSE: CACI), has joined security consulting firm Avint as chief technology officer. The two-decade information security veteran will lead Avint’s technology development projects and quality-related initiatives in his new position, the company said Wednesday. Subb...
