Companies

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.

Companies

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."

Contracts

SAIC wins $55M Space Development Agency integration contract

SAIC will take on systems engineering and related support work for SDA's emerging satellite network.

Companies

Lockheed to acquire Amentum product unit for $360M

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

Companies

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.

Contracts

Leidos wins second chance at keeping $89B cancer research lab contract

The National Institutes of Health is asking for new proposals following the protest of the 25-year award to a University of California-led alliance.

Companies

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."

Companies

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.

Contracts

Microsoft’s Azure OpenAI authorized for all defense operations

Microsoft’s artificial intelligence offerings are now available at the highest impact level classification for the Defense Department.

Companies

Lockheed promotes Scott to finance chief

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

Companies

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.

Companies

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.

Contracts

DOD seeks initial feedback on recompete of $48B tech research vehicle

The Defense Department specifically wants industry input on the future contract's structure and how it could widen the scope for one area of work.

Companies

Growth, tech and talent leadership moves across the market

One promotion to chief operating officer and post-acquisition hire of a new chief financial officer also feature.

Contracts

Pentagon hits Accenture, Booz Allen and Deloitte with contract cancellations

The trio are the only named contractors in a group of cuts announced by Defense Secretary Pete Hegseth, who claims $5.1 billion of cancelled contracts with $4 billion in savings.

Contracts

Serco wins $96M Navy contract for Constellation-class support

Technical services firm to help Navy’s next-generation frigate with planning, design, delivery and testing.

Podcasts

WT 360: What CACI’s acquisitions say about the opportunities ahead

Jeff MacLauchlan, chief financial officer at CACI International, explains the company's philosophy for filling gaps in capabilities and customers with the idea of investing ahead of customer needs.

Companies

Industry layoffs mount as cancelled contracts and DOGE efforts take hold

Just shy of 2,500 workers in Maryland and Virginia are poised to lose their jobs as 13 companies issue mass layoff notice.

Companies

A baker's dozen corporate leadership moves to note as spring arrives

This new listing of key hires and promotions across the government market also coincides with the ending of 2025's first quarter.

Companies

How consulting firms acquire to iterate, and sometimes reinvent themselves

The intersection of consulting, integration and implementation is on full display when looking at our 2024 roundup of mergers and acquisitions. So too are the preceding years.