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.
Contracts
Army wraps up awards for $379M training support contract
The Live Training Ranges and Combat Training Centers contract covers continues tech refreshments and other modernization work to aid in the readiness of soldiers.
Companies
The public company acquirer remains a unicorn in the M&A action
While in the minority, this group of serial buyers requires a different sort of attention and conversation given that they are publicly-traded and have to explain it all.
Companies
Retired Leidos exec shares how the company instilled agility into its corporate culture
Gerry Fasano looks back at a 41-year career and why his favorite job was leading the integration of the Lockheed Martin IS&GS services business into Leidos, which essentially created a new company.
Contracts