Please ensure Javascript is enabled for purposes of website accessibility

defense contractor

HII closes on South Carolina plant acquisition
Jan 27, 2025

HII closes on South Carolina plant acquisition

Newport News-based Huntington Ingalls Industries announced Monday it has closed on its purchase of a metal fabrication manufacturing facility in South Carolina, which will now be part of its subsidiary Newport News Shipbuilding. The company did not disclose financial terms. In December 2024, HII said it had entered into a definitive agreement to acquire substantially all […]

A photo of man wearing a blazer.
Jan 21, 2025

QinetiQ names new president and CEO

Tom Vecchiolla, a longtime defense executive, has succeeded Shawn N. Purvis as president and CEO of McLean security and defense contractor QinetiQ US, the UK-based parent company QinetiQ Group announced Tuesday. Purvis joined QinetiQ in February 2022, having previously worked at Northrop Grumman, Science Applications International Corp. (SAIC) and Lockheed Martin. In November 2022, QinetiQ US [&h[...]

A woman wearing a black blazer.
Jan 9, 2025

Former Bush White House staffer named Akima VP

Rachael Duffy, a former assistant press secretary in President George W. Bush’s administration, has joined Herndon-based federal contractor Akima as vice president of marketing, communications and government relations. An Alaska Native corporation that handles federal contracts for the for-profit NANA Regional business owned by Indigenous Iñupiat shareholders, Akima has more than 10,000 emp[...]

U.S. Army awards RTX’s Raytheon $946M contract modification
Dec 27, 2024

U.S. Army awards RTX’s Raytheon $946M contract modification

The U.S. Army has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a contract modification worth about $946.47 million for production hardware, software and services related to the Patriot air defense system, the U.S. Department of Defense announced Monday. The U.S. Army Contracting Command, located at Redstone Arsenal in […]

GDIT wins $5.57B contract to upgrade military communications system
Dec 20, 2024

GDIT wins $5.57B contract to upgrade military communications system

Falls Church-based General Dynamics Information Technology, a business unit of Reston Fortune 100 defense contractor General Dynamics, has won a $5.57 billion contract from the Air Force Mission Partner Capabilities Office, it announced Friday. Awarded in November, the single-award, indefinite-delivery, indefinite-quantity contract has a five-year base period and a five-year option, according to G[...]

A parked plane in the evening light.
Dec 5, 2024

HII division lands $6.7B Air Force contract

The U.S. Air Force has awarded Huntington Ingalls Industries’ McLean-based Mission Technologies division a $6.7 billion contract to provide electronic warfare engineering and technical services support, according to a Thursday announcement from the defense contractor.  The indefinite-delivery, indefinite-quantity contract is the largest Mission Technologies has yet landed, according to HII.[...]

Navy awards Raytheon potential $903.9M contract
Dec 4, 2024

Navy awards Raytheon potential $903.9M contract

The Navy has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a contract worth up to $903.9 million, if all options are exercised, to provide support for a sensor system, the U.S. Department of Defense announced Monday.  The initial $34 million firm-fixed-price, cost-plus-fixed-fee, cost-plus-incentive-fee and cost only contract covers […[...]

USS Green Bay (LPD 20) departed San Diego for forward deployment to the Navy's 7th Fleet in 2015. Photo by U.S. Navy/MCCS Donnie W. Ryan.
Dec 3, 2024

BAE Systems wins up to $238M Navy ship repair contract

Falls Church-based federal contractor BAE Systems Inc. has won a Navy contract worth up to $238.8 million to maintain, modernize and repair a San Antonio-class amphibious transport dock ship. The Department of Defense announced the $212 million firm-fixed-price contract award, which has options that would bring its cumulative value to $238.8 million, to the U.S. […]

USS Wasp in Norfolk Ship Repair in June 2021. Photo courtesy BAE Systems.
Nov 21, 2024

BAE Systems lands $202M in Navy ship repair contracts

Falls Church-based BAE Systems Inc.’s Norfolk Ship Repair unit has received two U.S. Navy contracts worth a combined $202 million for maintenance, modernization and repair of two vessels. The U.S. arm of British defense giant BAE Systems announced the awards Monday. Its shipyard employees and their subcontractors will begin working on the guided missile destroyer […]

Default Alt Text
Oct 30, 2024

Defense tech startups close major funding rounds

Venture capital firms are betting big on two Northern Virginia-based defense contracting startups that are promising high-tech solutions to military challenges. In August, McLean-based Defcon AI announced it had raised $44 million in seed funding led by San Francisco investment firm Bessemer Venture Partners. The same month, Parry Labs in Alexandria raised $80 million in […]

Leidos wins $600M contract to support Army Geospatial Center
Oct 21, 2024

Leidos wins $331M Army IT contract

The U.S. Army has awarded a $331 million IT contract to Leidos to modernize its network, the Reston-based Fortune 500 federal contractor announced Monday. The Army Program Executive Office for Command, Control, Communications and Network (PEO C3N), formerly known as the PEO C3T, awarded the contract, which has a one-year base period of performance with […]

Oct 17, 2024

Raytheon to pay $950M+ to resolve fraud, bribery charges

The U.S. Department of Justice announced Wednesday that Arlington County’s Raytheon, a subsidiary of aerospace and defense contractor RTX, has agreed to pay more than $950 million to resolve multiple allegations that include fraud and bribing a Qatari official. Under Wednesday’s settlement, Raytheon must pay the following penalties: For two counts of major fraud in […]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.