SES reported $2.94 billion in revenue for fiscal year 2025, reflecting the first year of financial consolidation following its acquisition of satellite operator Intelsat in July. Adjusted EBITDA reached $1.34 billion while adjusted free cash flow totaled $256.5 million for the year, SES said Monday. The acquisition of Intelsat expanded SES’s s...
Beavercreek, Ohio-based FTI Defense has appointed Matt Salter, a government technology industry veteran, as chief growth officer. FTI Defense CEO Jose Hidalgo welcomed Salter’s addition to the company’s senior executive team in a statement published Tuesday. “Matt’s skills and experience will be instrumental in accelerating t...
IT consulting firm Arlo Solutions has appointed Venice Goodwine, former chief information officer at the Department of the Air Force, as CIO and artificial intelligence product owner. Goodwine’s appointment at Arlo comes as government agencies and contractors continue to expand the use of data and AI to support mission requirements. Those prio...
Defense Unicorns has raised $136 million in Series B funding and reached a valuation exceeding $1 billion. How Will Defense Unicorns Use the Funding? The San Antonio, Texas-based company said Tuesday that the capital will support further development of Unicorn Delivery Service, or UDS, a portable, airgap-native runtime platform for packaging, deploy...
The U.S. Space Force has awarded SpaceX nine task orders worth $739 million combined to provide Lane 1 launch services under the National Security Space Launch, or NSSL, program’s third phase. The service branch said Friday the task orders awarded by Space Systems Command will provide launches for the Space Development Agency and the National...
The U.S. Air Force has awarded InDyne a potential $1.1 billion indefinite-delivery/indefinite-quantity contract to support the service’s missile warning and defense and space domain awareness missions. What Does the InDyne Contract Cover? The award covers the provision of all mission-essential non-personal services required to sustain continuo...
United Launch Alliance has announced a leadership transition, with longtime President and CEO Tory Bruno stepping down after nearly 12 years at the helm. The decision was confirmed in a joint statement issued Monday by ULA board chairs Robert Lightfoot and Kay Sears. All three executives are past recipients of the Wash100 Award. Bruno is...
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman and Rocket Lab USA to build 72 satellites for the third tranche of the Proliferated Warfighter Space Architecture’s tracking layer. Lockheed is sponsoring the Potomac Officers Club’s ...
Firefly Aerospace, a space and defense technology company, has recruited Ramon Sanchez to serve as its chief operating officer. Firefly said Thursday that Sanchez, a former Boeing senior director and an Army veteran, will oversee the company’s day-to-day operations and the production of launch vehicles, lunar landers and spacecraft. According ...
Modern Technology Solutions Inc. has secured a $111 million modification expanding its role in the Space Systems Command’s space-based interceptors effort, increasing the total value of MTSI’s systems engineering, integration and testing contract to $226.9 million. The work will be performed in Huntsville, Alabama, through Jan. 10, 2030,...
