Leidos reports COVID challenges but expects better 2021

Leidos has pulled back its revenue projections for this year as the COVID-19 pandemic continues to have an impact but expects a stronger recovery this year and into 2021.

Perspecta hires new intell group lead

Perspecta appoints a nearly 25-year government market veteran and former ManTech executive to lead the intelligence group.

Deals done as 3 defense primes reshape themselves

Two divestitures involving three large defense hardware companies are in the books and one of those firms in that group is an acquirer.

Bidding begins for $1.5B DOD professional services vehicle

The Defense Department unveils the final solicitation for the recompete of a $1.5 billion professional services contract vehicle to support its acquisition and research offices.

Round 3: Air Force makes more awards on $950M multi-domain tech program

The Air Force chooses a third group of companies for a $950 million multi-domain technology development contract.

PE firm names LaMontagne to lead Smartronix-Trident business

Private equity firm OceanSound Partners appoints nearly two-decade veteran Peter LaMontagne to lead a combined company formed through two successive acquisitions.

Outlook holds rosy for Booz Allen amid market fits and starts

Booz Allen Hamilton has already laid out the unknown factors to itself and the government market for investors and pretty much everyone to consider. Now with quarter number one in the books, the firm shared with Wall Street how it is navigating today's cloudy landscape.

Guidehouse secures $150M State Department win

Protest fight done, Guidehouse can now proceed on a $150 million State Department contract to help stand up a new identity and credentialing management system.

How Northrop fared through second quarter's COVID-19 stress test

Northrop Grumman's second quarter results indicate the defense giant was able to navigate through COVID-19's effects for the most part.

ManTech seeing positive signs in these three watch items

COVID-19 might be pushing some parts of the market in a positive thought short-term direction but the longer term impact remains TBD.

General Dynamics sees COVID disruptions on two sides of the pond

General Dynamics' IT business takes a hit as the COVID-19 impacts are felt in the U.S. and Europe, but the company reports agencies are putting out a strong volume of opportunities.

NuWave adds another DHS vet to leadership team

Now in the portfolio of AE Industrial Partners, NuWave Solutions adds another former Homeland Security Department executive to the leadership team alongside CEO Reggie Brothers.

Perspecta hires new exec to steer trusted workforce push

Perspecta brings aboard a nearly two-decade government market veteran to help push the company's strategy of being a leader in the trusted workforce concept.

Oceus changes ownership hands, Antle named exec chair

Oceus Networks goes from being owned by one private equity firm to another as three-decade market veteran Brad Antle is appointed executive chairman.

Cloudy market outlook makes forecasting a challenge for Raytheon Technologies

With half its business in a depressed commercial aerospace market and defense spending expected to plateau for the next several years, Raytheon Technologies finds itself still not ready to give a corporate-wide financial outlook.

NASA picks five for $6B agile spacecraft acquisition vehicle

NASA chooses five companies for the next $6 billion iteration of its contract vehicle for faster acquisitions of spacecraft.

EverWatch arm takes $100M Navy research contract

A subsidiary of EverWatch wins a $100 million research-and-development contract focused on supporting the Navy's C4ISR efforts.

Air Force sticks with precedent for $1B cyber competition

The Air Force's next iteration of a nearly $1 billion cyber research-and-development contract will seek the same pool of companies as the current version.

Accenture wins $89M Air Force cloud job

Accenture's federal arm bests a couple dozen other bids for an $89.6 million cloud infrastructure project with the Air Force.

Four win seats on $400M Air Force unmanned prototype & AI program

Four companies win the right to compete for up to $400 million in orders to build prototype drones for an Air Force artificial intelligence effort.