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.
Contracts
Contractors fear retaliation if they try to recover shutdown costs
Legal rights do exist for companies to recoup their losses, but attorneys say fears of Trump administration reprisal loom over industry.
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.
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."
Companies
Textron's CEO transition and more leadership moves across the market
Three chief financial officer hires also feature in this new listing of key executive appointments.
Companies
Booz Allen cuts more jobs, lowers outlook amid funding slowdowns
“We see our civil business operating in the most challenging market in a generation,” CEO Horacio Rozanski told investors.
Companies
CACI's view of shutdowns then and now
In talking with Wall Street, CACI International CEO John Mengucci describes how selling through purchase orders is different than the last time there was a shutdown as the company makes more big bets on counter-drone tech.
Companies
Venus Aerospace secures Lockheed's venture backing
This is the newest in a string of Lockheed Martin Ventures investments in the power and propulsion domain.
Companies
Anduril acquires infrared camera manufacturer
This is Anduril’s 10th acquisition since it opened for business in 2017.
Companies
Defense services companies face ‘structural issues’ as tech disruptors surge
Artificial intelligence displacement and higher acquisition prices threaten the growth model that has sustained industry leaders for two decades.
Companies
Valiant hires former J&J exec Mattingly as CEO
Valiant has been owned by investment firm The GC Companies since 2017.
Companies
Defense industry must embrace speed and innovation, Austin says
The former defense secretary cites lessons from the war in Ukraine and warns about the risk of slow procurement and production gaps.
Companies