Companies

PSC hires former Trump official Carroll as its new leader

Jim Carroll will join the 400-member company trade association on May 19 and succeed David Berteau, who has led it for the past nine years.

C Speed appoints McLaughlin as CEO

The former deputy Cyber Command leader succeeds Dave Lysack, who founded the radar tech company in 2006 and will move into a different role

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IBM lays out what it knows (so far) from the push for contract cuts

Wall Street's questions to the CEO and chief financial officer of Big Blue centered on what the company sees in the shorter-term. Should the trend line continue for more cuts, their conversation with investors is poised to shift in another direction.

Trump’s first 100 days: Navigating the new contracting landscape

Join industry practitioners for cocktails and insights on how the administration's policies are reshaping the way government contractors operate.

PCG-SMX joint venture wins $532M Navy IT contract

Work will support an ongoing business transformation initiative at a Navy research, development, test and evaluation infrastructure division.

General Dynamics is 'in the conversation' to find more contract savings

In talking with Wall Street, GD's technologies segment leader Jason Aiken describes the ongoing dialogue with federal agencies on the future of contracting and how they see themselves as not "strictly in the consulting business per se."

Lockheed to acquire Amentum product unit for $360M

Amentum's Rapid Solutions team manufactures communications and other tactical systems for national security programs.

Northrop takes $477M loss on B-21 to speed up production, cover materials costs

Anticipated losses on the stealth bomber’s first five production lots have now surpassed $2 billion.

Industry eyes ‘wicked hard’ Golden Dome space interceptor challenge

Defense companies are eager to stake claims in Trump’s Golden Dome vision.

Lockheed's CEO reacts to Trump's acquisition overhaul orders

In talking with Wall Street, Jim Taiclet highlights how many of the regulations and statutes that have evolved over decades look poised to be "really scrutinized and reduced."

Growth, operations and tech leadership moves across the market

A trio of board of directors additions also feature in this newest catalog of key hires, promotions and appointments.

Lockheed promotes Scott to finance chief

Now-former CFO Jay Malave is leaving the defense giant after three years there.

Shield AI acquires pilot analysis software suite

This is the defense tech unicorn's latest move to create more trust between human pilots and autonomy tools.

Scout AI emerges from stealth with $15M in seed capital

Booz Allen Hamilton's venture arm was a co-lead in the initial investment round, from which the company plans to further pursue its strategy of integrating artificial intelligence and robotics technologies.

WT Survey: Contractors see dark clouds hanging over the market

Our survey shows widespread concerns over budget constraints and federal workforce cuts by the Trump administration, with small businesses feeling the most impact.

Claroty hires Sovada to lead public sector arm

Jen Sovada joins the cybersecurity company to lead sales and strategy for its government business.

The state of naval autonomy

Companies are teeming with various uncrewed and autonomous systems to meet the Navy’s ask for a hybrid fleet—obstacles and all.