Lockheed Martin reported $18.6 billion in fiscal 2025 third-quarter sales, up 9 percent from $17.1 billion in the same period last year, a record backlog of $179 billion and Q3 net earnings of $1.6 billion, or $6.95 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said it returned...
AeroVironment is focused on rapidly ramping up the production of its Freedom Eagle kinetic counter-unmanned aircraft system missile to deliver it to the U.S. Army under a $95.9 million contract. The new award was secured through the Army Combat Capabilities Development Command Aviation & Missile Center Aviation & Missile Technology Consortiu...
EchoStar subsidiary Hughes Network Systems has completed the acquisition of Anderson Connectivity, an aerospace company specializing in design, engineering and manufacturing services. How will Anderson Connectivity’s Acquisition Impact Hughes? Hughes said Wednesday its acquisition of Melbourne, Florida-based Anderson Connectivit...
Government shutdown. The phrase immediately raises essential questions for federal employees: Am I required to work? Will I get paid? If so, when? GovCon Wire is here to help. The distinction of which federal employees are required to work during a shutdown, and when they’ll get paid, comes down to whether their work is classified as...
The U.S. Air Force has released a draft request for proposal for the program identified as “Andromeda,” seeking contractors to define, design and build technologies and space-based systems for the space domain awareness mission area. The service branch intends to select a minimum of five and up to 15 contractors under a multi-award indef...
Federal contracting offers businesses a unique path to stability, growth and purpose by partnering with one of the world’s largest and most reliable clients—the U.S. government. Each year, billions of dollars in federal contracts are awarded to companies of all sizes, fueling innovation, strengthening national infrastructure and supporting key i...
SRI International has secured a Defense Logistics Agency contract worth approximately $98.6 million contract to provide research and development support for DLA’s Advanced Microcircuit Emulation, or AME, program. According to a SAM.gov award notice published Monday, the indefinite-delivery, cost-plus-fixed-fee requirements contract has a five-...
Ely Kahn announced on LinkedIn Thursday that he has been elevated to chief product officer at SentinelOne. In his new role, Kahn will oversee all product lines across the company. Prior to his promotion, the executive spent more than three years at SentinelOne, serving as vice president of product management for cloud security, artif...
General Dynamics Mission Systems has appointed Brendan Grant, a 16-year company veteran, as vice president of space systems. Grant announced his new position at GDMS in a LinkedIn post. Who Is Brendan Grant? Accoring to his LinkedIn profile, Grant most recently served as VP of business at GDMS, which manufactures defense electronics and mission-crit...
Bernie Boucher announced on LinkedIn Saturday that he has been appointed vice president of growth for defense mission and health solutions at Peraton. In his new role, Boucher will oversee all business growth functions for Peraton’s DMHS sector, responsible for pipeline development, capture strategy, proposal management and customer ...
