Companies

Parsons awaits 'imminent' award of air traffic control overhaul contract

Parsons and Peraton are in a head-to-head showdown for the Brand New Air Traffic Control System, a contract worth billions. In talking with Wall Street, CEO Carey Smith highlights how the effort is funded by the One Big Beautiful Bill.

Companies

Lawmakers propose requiring agencies, major firms to report AI’s job impact

A new bill from Sens. Mark R. Warner, D-Va., and Josh Hawley, R-Mo., would direct covered entities to provide quarterly reports to the Labor Department detailing layoffs and workforce displacements caused by uses of AI.

Companies

Intuitive Machines looks beyond the Moon with $800M acquisition

Intuitive Machines is buying Lanteris Space Systems, the former Maxar Space Systems, to bring in more satellite manufacturing heft that can complement the data and services offerings.

Companies

NT Concepts, Oddball appoint new chief executives

Mark Cabrey has been with NT Concepts for six years, while Rob Silverman joins Oddball after two decades at Booz Allen Hamilton.

Companies

How Leidos aims to stay ready for the shutdown's end

CEO Tom Bell tells Wall Street the shutdown has caused "a little hiatus" in certain areas the company has prioritized, but "tremendous customer uptake and activity" should follow after the reopening.

Companies

Hanwha Defense USA appoints Coulter as chief executive

Korea-headquartered Hanwha established this subsidiary in 2017 to pursue opportunities in shipbuilding.

Companies

ICF holds to its 2025 outlook as shutdown drags on

In talking with Wall Street, CEO John Wasson describes technology modernization efforts as continuing and programmatic work as more impacted at its largest federal client.

Companies

Upcoming White House cyber strategy to seek more involvement with private sector

The Trump 2.0 cyber strategy is in development, National Cyber Director Sean Cairncross said, though he did not elaborate on when it would be released.

Companies

Arlington Capital fetches $6B for its seventh fund

The private equity firm's most recent high-profile action in the market was its sale of BlueHalo to AeroVironment.

Companies

ICF details C-level leadership appointments amid CFO's pending retirement

Barry Broadus will retire from ICF on March 1 and James Morgan is slated to become chief operating and financial officer, while Anne Choate is being promoted to president.

Companies

General Dynamics CEO warns of government shutdown effects

The company raked in nearly $13 billion in third quarter revenue, including about $4 billion from shipbuilding.

Companies

Lockheed to invest $50M in maritime drone maker

Saildrone is designing a larger-class vessel for the future demonstration of a combined capability.

Companies

Leonardo DRS CEO William Lynn to retire after 14-year run at the company

John Baylouny, chief operating officer and a 35-year company veteran, will take the helm as CEO and board member Fran Fargos Townsend will become chair.

Exclusive Companies

Transportation awards Google major contract after ‘OneGov’ deal

The five-year contract for Google’s Workspace software suite has a ceiling of $89 million.

Companies

Northrop Grumman partners with AI startup to revolutionize rocket design

Physics AI from Luminary Cloud is designed to bring down analysis time from hours to just seconds.

Companies

How BTS' reset positioned it for external investment

Blue Delta Capital Partners is now backing BTS Software Solutions' through the next phase of pursuing its growth pillars, including the emerging counter-unmanned aerial systems tech domain.

Companies

Voyager puts Golden Dome into focus with acquisition

Voyager has purchased a maker of electric satellite propulsion systems that enable maneuverability and velocity changes, key attributes for the future missile defense architecture.

Companies

GovTech startup Darwin AI closes $15M Series A round

The company builds its artificial intelligence governance tools for agencies to navigate compliance requirements.

Companies

Federal agencies may benefit from slower cloud adoption, Cloudera CEO says

Charles Sansbury believes a "cloud hangover" has led commercial enterprises to reconsider data workload strategies, giving the government an opportunity to gather lessons learned and be "fast followers."