HII, the nation’s largest military shipbuilder and defense services provider, achieved a record-breaking financial performance in the third quarter of fiscal year 2025. The company reported a total revenue of $3.2 billion, representing a strong 16 percent increase year-over-year. This performance significantly surpassed analyst expectations of $2.96 billion. The financial success was directly reflected in…
BWX Technologies, Inc. (BWXT) secured a significant contract worth approximately $174 million from the U.S. Naval Nuclear Propulsion Program for the manufacture of naval nuclear reactor fuel. This essential award reaffirms BWXT’s critical role in maintaining national security and powering the nation’s nuclear-powered fleet. The contract, officially awarded on September 10, 2025, directs BWXT’s subsidiary,…
Arlington Capital Partners secures a monumental $6 billion for its newest investment vehicle, Arlington Capital Partners VII. The private equity firm rapidly closed the fund, exceeding its $4.75 billion target and hitting its hard cap in less than five months. This successful oversubscription marks a 57 percent increase from its predecessor fund. Fund VII will…
XTec Inc. secured a potential $177.2 million task order from the General Services Administration (GSA) to modernize and manage the government-wide credentialing service known as USAccess. This critical 10-year contract positions XTec to steer the federal identity program into its next generation, officially dubbed the HSPD-12 Core Service Next Generation USAccess 2.0. The modernization effort…
The General Services Administration (GSA) officially selected McGough Construction for a significant design-build contract valued at approximately $106.2 million. The St. Paul, Minnesota-based firm now leads the critical modernization effort for the Grand Portage Land Port of Entry (LPOE), a vital crossing situated on the U.S.-Canada border within the Grand Portage Indian Reservation. McGough will…
The Department of the Air Force has officially released a request for proposals (RFP) for a significant Multiple Award Construction Contract (MACC) to execute modernization projects at Morón Air Base in Spain. This competitive indefinite-delivery/indefinite-quantity (IDIQ) contract carries an estimated maximum aggregate value of $400 million, payable in euro equivalent. The Air Force plans to…
Tricentis formally unveiled a unified artificial intelligence workspace designed to fundamentally transform quality engineering, offering government contractors and federal agencies a pathway to accelerate secure software delivery. This new platform links Tricentis’ complete portfolio of AI agents, AI platform services, and its proprietary Model Context Protocol (MCP) servers into a central hub, creating a modern…
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