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Parsons CEO Carey Smith. Parsons has released a financial report detailing a $6.4 billion 2025 revenue.Financial Reports
  • February 12, 2026

    Parsons Reports $6.4B in FY2025 Revenue, Record Adjusted EBITDA

    Parsons reported $6.4 billion in revenue for fiscal year 2025, while achieving record adjusted EBITDA and net income for the full
    Nikesh Arora, chairman and CEO of Palo Alto Networks. Arora said the acquisition of CyberArk eliminates identity silosArtificial Intelligence
    • February 12, 2026

      Palo Alto Networks Closes $25B Acquisition of Identity Security Company CyberArk

      Palo Alto Networks, a cybersecurity firm headquartered in California, has finalized its acquisition of identity security firm CyberArk in a
      Josh Salmanson. The Leidos VP and defensive cyber lead talked digital modernization in a video interview.Articles
      • February 12, 2026

        Leidos VP Josh Salmanson on Defensive Cyber as Digital Modernization Enabler

        Defensive cyber has become foundational to federal digital modernization strategy, shaping how agencies approach cloud adoption, AI integration and enterprise
        Brent Gerity. Peerless Technologies named Brent Gerity as president of QED Systems.Executive Moves
        • February 11, 2026

          Peerless Technologies Names Brent Gerity as President of QED Systems

          Peerless Technologies has appointed defense and intelligence community veteran Brent Gerity as president of its newly acquired subsidiary QED Systems.
          KBR logo. KBR secured two firm-fixed-price task orders worth $103M from the U.S. Space Force.Contract Awards
          • February 10, 2026

            KBR Secures $103M in Space Force Task Orders to Support Workforce Readiness, Capability Development

            KBR has been awarded two task orders worth $103 million to boost strategic decision-making and capability development for the U.S.
            TechnoMile logo. TechnoMile will resell pWin.ai’s proposal platform.Artificial Intelligence
            • February 10, 2026

              TechnoMile, pWin.ai Team Up to Support Contract Pursuit, Proposal Work

              TechnoMile will resell pWin.ai’s artificial intelligence-powered proposal platform to government contractors, including those in the aerospace and defense sectors, under
              Joe Larson and Thiyagu Ramasamy. The OpenAI and Anthropic public sector leaders will address the GovCon industry at an event.Articles
              • February 10, 2026

                Potomac Officers Club Books OpenAI and Anthropic Leaders for 2026 GovCon Executive Leadership Summit

                Potomac Officers Club has secured two of the most influential public sector AI leaders in the market today as keynote
                HII logo. HII reported increased 2025 revenue and free cash flow.Industry News
                • February 9, 2026

                  HII Posts Over 8 Percent Revenue Growth in 2025, Targets Higher Shipbuilding Throughput in 2026

                  HII reported $12.5 billion in 2025 revenue, an 8.2 percent increase over the prior year, fueled by surging shipbuilding volume
                  Lockheed Martin logo. The Navy awarded Lockheed Martin a contract to support the Surface EW Improvement Program.Contract Awards
                  • February 6, 2026

                    Lockheed Martin Lands $249M Navy Contract for Surface Electronic Warfare Support

                    Lockheed Martin has received a $249 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy to support the Surface Electronic Warfare Improvement Program,
                    What It Takes to Achieve CMMC Level 2: A Government Contractor’s PerspectiveArticles
                    • February 5, 2026

                      What It Takes to Achieve CMMC Level 2: A Government Contractor’s Perspective

                      By Payam Pourkhomami, President & CEO of OSIbeyond CMMC Level 2 certification has shifted from a distant requirement to an immediate priority.
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                      About GovConWire

                      The premier source of breaking business news for the government contracting industry, GovCon Wire provides informative, to-the-point stories of the most significant contract awards, top-level executive moves, M&A activities and financial results of the sector’s most notable players.

                      GovCon Wire is always on top of the most recent contracting sector activity and is updated in real time as the news breaks.

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                      RSS ExecutiveGov

                      • Army PAE Fires Launches ‘Reveille Forge’ to Accelerate Capability Deployment
                      • VA FISMA Audit Flags Security Gaps, Issues 19 Recommendations
                      • Commerce Department Signs $874M in CHIPS Act R&D Incentives
                      • Labor Department, HII Expand Maritime Workforce Development Partnership
                      • CISA Updates SBOM Minimum Elements, Replacing 2021 NTIA Guidance
                      • DOW Awards $76.6B in Contracts to GDEB, HII for Submarine Construction Work

                      RSS ExecutiveBiz

                      • Thales TCT Luna T-Series HSMs Secure FIPS 140-3 Validation
                      • Space Force Awards All Points Logistics $250M Contract for Launch Processing Capacity
                      • Knox Launches Continuous Vulnerability Detection Platform for FedRAMP 20x
                      • Lockheed Martin Lands Potential $53.86B UCA Modification for PAC-3 MSE Interceptor Production
                      • AeroVironment, Applied Intuition Partner to Bring Swarming Autonomy to Mayhem 10 Launched Effects System
                      • HPE Joins Energy Department Genesis Mission to Advance AI-Driven Research
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