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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
    Stephen Vukovich. The IT implementation project manager has been been named head of ADAx unit at Sabel Systems.Executive Moves
    • February 12, 2026

      Sabel Systems Names Stephen Vukovich Interim SVP, ADAx President

      Sabel Systems Technology Solutions has appointed Stephen Vukovich, an IT implementation project manager, as interim senior vice president and president
      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
        Danny Olmes. The Xcelerate Solutions chief risk offcer has been promoted to president of aviation security.Executive Moves
        • February 12, 2026

          Xcelerate Promotes Danny Olmes to Aviation Security President

          McLean, Virginia-based Xcelerate Solutions has promoted Chief Risk Officer Danny Olmes to president of aviation security. The company said Tuesday
          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
            Parsons logo. Parsons secured a $125 million Army task order to provide R&D and technical support for DEVCOM ARL.Contract Awards
            • February 11, 2026

              Parsons Secures $125M Army Task Order for DEVCOM ARL R&D Support

              Parsons has received a potential five-year, $125 million task order from the U.S. Army to provide research, development and technical
              Victor Peng. The former AMD president joins PsiQuantum as interim CEO.Executive Moves
              • February 11, 2026

                PsiQuantum Taps Former AMD President Victor Peng as Interim CEO

                PsiQuantum has appointed Victor Peng, former president of Advanced Micro Devices, as interim CEO to lead the company’s shift toward
                By Light logo. By Light has acquired Dignitas Technologies to expand its modeling, simulation and training capabilities.M&A Activity
                • February 11, 2026

                  By Light Closes Dignitas Technologies Acquisition to Strengthen Modeling & Simulation Portfolio

                  By Light Professional IT Services, a Sagewind Capital portfolio company, has acquired Dignitas Technologies for an undisclosed amount. STS Advisors
                  John Steckel, president and CEO of American Systems. Steckel spoke about using data analytics and AI in test and evaluationContract Awards
                  • February 11, 2026

                    American Systems to Accelerate Delivery of New Warfighter Capabilities Under $173M Navy Contract

                    American Systems has secured a follow-on contract valued at $172.7 million to continue supporting the Naval Surface Warfare Center Indian
                    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.
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