Marjorie Censer

Carey Smith took over as chief executive of Parsons in April 2021. Since then, the contractor has kept up a busy pace of acquisitions, most recently picking up Xator, which specializes in cybersecurity, counter-drone technology, biometrics and more.

We reveal who’s up and who’s down for 2022, based on fiscal 2021 defense revenue.

“Ukraine is spending the money really well; that’s why they’re winning,” Rep. Adam Smith said at the Reagan National Defense Forum.

“What we’ve got to do is actually pick some winners,” Gen. CQ Brown said at the Reagan National Defense Forum.

Following several technology-focused acquisitions, CACI International is directing about $35 million annually to IR&D.

Congress has yet to approve the fiscal 2023 defense budget, but industry is already tracking some key future programs.

HII’s mission technologies business, expanded through acquisitions, now makes up about 25% of the company’s sales.

Tom Arseneault says the invasion of Ukraine by Russia created both a near-term horizon and a medium-term one for industry.

L3Harris, the country’s sixth largest defense contractor, plans to acquire propulsion expert Aerojet Rocketdyne in a deal valued at $4.7 billion.

Opinion: We reveal who’s up and who’s down for 2023, based on fiscal 2022 defense revenue.