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Latest Federal & Government Contracting Companies' News Coverage
Leidos reported $3.4 billion in revenue for the second quarter of its 2021 fiscal year, 18 percent higher than the same period last year, and quarterly earnings of $1.52 per share. The Reston, Virginia-based contractor also held to its 2021 sales outlook in the $13.7 billion-$14.1 billion range, and earnings of between $6.35 and $6.65 […] More
A Data Systems Analysts subsidiary will provide Virginia Tech with an OSIsoft PI-based technology meant to automate electrical outage management, consolidate utilities operational data and support sustainability efforts. DSA said its Project Performance Company has partnered with the public university’s primary electrical distribution service provider to help it enhance campus resilience and lessen energy consumption […] More
The State Department has approved India’s request to purchase a joint common test set for Boeing-made Harpoon missiles, and related support services under a potential $82 million foreign military sales agreement. The proposed sale also includes a Harpoon intermediate level maintenance station; test equipment; documentation; personnel training; equipment spare and repair parts; and technical, engineering […] More
TechnoMile has received $20 million in funding from K1 Investment Management and will use the funds to advance hiring efforts and further improve its cloud software offering for government contractors. TechnoMile’s cloud platform combines internal and external data sources and uses artificial intelligence, machine learning and automation to help GovCon firms gain actionable insights, navigate […] More
Data analytics and machine learning company Black Cape has promoted Mike Santamaria to executive vice president and Claire Rich and Justin Shelton to software engineering directors as part of efforts to expand its leadership team. Santamaria, former principal technologist, will mentor all of Black Cape’s software teams and leaders in his new position, the Arlington, […] More
Raytheon Technologies‘ intelligence and space business has demonstrated the capability of the new expeditionary configuration of a system designed to guide U.S. Marine Corps pilots in landing aircraft on carriers and ships during all weather conditions. The expeditionary Joint Precision Approach and Landing System projected straight-in and vertical landing approaches for F-35B aircraft during a […] More
LookingGlass Cyber Solutions has appointed Mike Jackson, who formerly served with the National Security Commission on Artificial Intelligence, to become the threat intelligence company’s chief of staff. Jackson most recently served as NSCAI’s director of research and analysis, and brings to his new role two decades of experience in leadership, U.S. government policy and strategic […] More
Intelligent Waves has received a prime contract from the U.S. Air Force to create a 5G testbed to help the Department of Defense accelerate the deployment of advanced wireless communications in regions within and outside the continental U.S. The company said Monday the potential $8.4 million Information Warfare Research Project contract provides for the construction […] More
Scott Stapp, chief technology officer of Northrop Grumman, said he believes future militaries will be more keen on using weapons that can quickly connect to larger networks, Defense One reported Monday. He noted that new weapons systems, vehicles and other physical platforms that can link easily to network infrastructure will become more valuable as they […] More
Lockheed Martin has received a $52 million contract from the U.S. Navy to customize F-35 aircraft technologies for a foreign military sales customer. The company will perform capability development work as part of Joint Strike Fighter program management services to the unnamed FMS client, the Department of Defense said Monday. Naval Air Systems Command will […] More
Parsons has secured a prime position on a potential 10-year, multi-billion-dollar indefinite-delivery/indefinite-quantity contract for all-domain platforms, robotics, and manned, unmanned and optionally manned systems supporting the Department of Defense. The company said Monday it will compete for task orders for ground, space, research, support, training, and development and integration throughout the ASTRO contract‘s ordering period. […] More
Leidos has won a potential four-year, $600 million contract to help the Army Geospatial Center collect, process, store and disseminate digital 3D imagery. The single-award contract extends the company’s operation and technology integration support for AGC’s High-Resolution Three Dimensional Geospatial Information program, Leidos said Monday. AGC will continue to receive contractor-owned, contractor-operated aircraft services and […] More
