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HII CEO Chris Kastner. HII reported an increase of 3.5 percent for the second quarter of fiscal 2025.Financial Reports
  • August 4, 2025

    HII Reports 3.5% Growth in Q2 2025 Revenue

    HII posted its financial results for the second quarter of fiscal 2025, with $3.08 billion in revenue, up 3.5 percent year
    T-6 Texan II aircraft. V2X will ensure that the T-6 is safe and flyableContract Awards
    • August 4, 2025

      Air Force Awards $4.3B IDIQ to V2X for T-6 Base Supply Support

      V2X has secured an indefinite-delivery/indefinite-quantity contract valued at $4.3 billion from the U.S. Air Force to support T-6 Texan II
      $50B Patriot missile umbrella contract awarded RTXContract Awards
      • August 4, 2025

        RTX Books $50B Umbrella Contract for Patriot Missiles

        RTX has secured a $50 billion umbrella contract for the company to supply its systems and end-item production, spare parts,
        Lockheed Martin logo. Lockheed was awarded a U.S. Navy contract for submarine engineering and technical services.Acquisition & Procurement
        • August 4, 2025

          Lockheed Books $203M Navy Contract for Submarine Engineering Support

          Lockheed Martin has received a potential $202.8 million contract from the U.S. Navy to provide engineering and technical support services
          Transportation Secretary Sean Duffy. Duffy announced the award of Ready Reserve Force fleet management contracts by MARAD.Contract Awards
          • August 4, 2025

            DOT Awards $6.2B in Ready Reserve Force Ship Management Contracts to 7 Vendors

            The Department of Transportation’s Maritime Administration, or MARAD, has awarded 20 contracts worth $6.2 billion combined to seven companies to
            Maj. Gen. Stephen Purdy, DOD's top space acquisition official, discusses his new space acquisition cultureNews
            • August 4, 2025

              Purdy: DOD Cancelling Underperforming Space Contracts

              DOD’s space enterprise continues to evolve its acquisition strategy culture by cancelling contracts for poor performance and emphasizing delivering critical warfighting
              David Wajsgras HawkEye board appointmentExecutive Moves
              • August 1, 2025

                Former Intelsat Head David Wajsgras Joins HawkEye 360 Board

                Former Intelsat CEO David Wajsgras has been named to the HawkEye 360 board of directors. An eight-time Wash100 Award winner, he brings
                Former Acting DIA Director David Shedd was named advisory board chair at BTI360.Executive Moves
                • August 1, 2025

                  David Shedd Named BTI360 Advisory Board Chair

                  Software development company BTI360 has appointed national security leader David Shedd as chair of its advisory board.  In this capacity,
                  Lockheed Martin logo. Lockheed was awarded an Air Force contract modification for JASSM and LRASM missiles.Acquisition & Procurement
                  • August 1, 2025

                    Lockheed Books $4.3B Air Force Contract Modification for Long-Range Missiles

                    Lockheed Martin has secured a U.S. Air Force contract modification worth approximately $4.3 billion for the procurement of Joint Air-to-Surface
                    Army CIO Leo Garciga. Garciga said the new agreement enhances the Army's operational effectivenessContract Awards
                    • August 1, 2025

                      Army Awards Palantir Potential $10B Agreement for Commercial Software

                      Palantir has secured an enterprise agreement, or EA, from the U.S. Army to provide commercial software to warfighters. The EA
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