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The premier source of breaking business news for the government contracting industry, to-the-point stories of the most significant contract awards, top-level executive moves and more
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News
Kratos Secures Potential $156M DOE Solar Shield C-UAS Contract
1+ mon, 3+ week ago (475+ words) The company said Tuesday DOE awarded the single-award IDIQ contract following a technical evaluation process. Kratos will provide mobile C-UAS platforms designed to detect, track, identify and respond to potentially hostile UAS in real time. DOE selected the company after…...
AeroVironment Secures $117M Army Contract for P550 Drones
1+ mon, 3+ week ago (462+ words) AeroVironment has secured a $117.3 million U.S. Army contract to deliver P550 electric vertical takeoff and landing, or eVTOL, unmanned aerial systems for long-range reconnaissance missions. The Arlington, Virginia-based defense technology company said Monday it will provide 82 P550 eVTOL UAS in support of the…...
Iridium Closes Aireon Acquisition
2+ mon, 5+ day ago (242+ words) Iridium Communications has finalized its acquisition of space-based air traffic surveillance company Aireon as part of efforts to expand its role in the aviation ecosystem. The company said the combined capabilities will provide a platform for delivering real-time visibility, trusted…...
Rocket Lab Strikes $8B Cash-and-Stock Deal for Iridium
2+ mon, 1+ week ago (414+ words) Rocket Lab has agreed to acquire Iridium Communications in a cash-and-stock transaction valued at approximately $8 billion as part of a push to establish an end-to-end space company. Rocket Lab said Monday it expects the transaction to close in mid-2027, subject to…...
Joe Ayers Named VP of Broadcom’s VMware Federal Business
3+ mon, 1+ day ago (456+ words) Joe Ayers, a longtime public sector technology sales executive, has been appointed vice president of Broadcom‘s VMware federal business, according to his LinkedIn profile. Broadcom acquired virtualization and cloud software provider VMware in late 2023 for approximately $61 billion. Ayers, a…...
SAIC Wins Spot on $192M Air Force ABMS Contract
3+ mon, 2+ day ago (665+ words) SAIC said Tuesday it has secured a “leading position” on a potential $192 million U.S. Air Force contract to help develop the digital infrastructure underpinning the service’s Advanced Battle Management System, or ABMS. Work under the ABMS Digital Infrastructure Network…...
Air Force Awards 19 Spots on $4B Base Operations Support IDIQ
3+ mon, 3+ day ago (442+ words) The Air Force has awarded 19 companies spots on a potential 10-year, $4 billion indefinite-delivery/indefinite-quantity contract for Air Education and Training Command base operations support services. The Department of War said Monday the Air Force received 22 offers for the multiple-award IDIQ…...
SAIC Reports $1.9B Q1 Revenue, Raises FY27 Earnings Outlook
3+ mon, 1+ week ago (636+ words) SAIC has reported first-quarter fiscal 2027 revenue of $1.9 billion and raised its full-year earnings guidance, following record profitability and strong cash generation. The company also posted adjusted diluted earnings per share of $3.23 and generated $118 million in free cash flow. Net bookings…...
Booz Allen Reports Strong Profitability in FY2026 as AI, Cyber and Defense Tech Investments Accelerate
3+ mon, 2+ week ago (725+ words) Booz Allen Hamilton has reported strong profitability and expanding national security demand in its fiscal 2026 fourth quarter and full year earnings results, as the company continued investing heavily in cyber, artificial intelligence and defense technology capabilities despite ongoing pressure in…...
Iridium to Fully Acquire Space-Based ATS Company Aireon
3+ mon, 4+ week ago (701+ words) Iridium is moving to fully absorb Aireon, the space-based air traffic surveillance company it helped create more than a decade ago, in a deal that deepens the satellite operator’s push into aviation safety, surveillance and data services. The acquisition extends…...