CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer will participate in a fireside chat question and answer session at the Raymond James TMT and Consumer Conference on Tuesday, December 9, 2025, at approximately 10:40 a.m. Eastern Time. The presentation will be available live via webcast on the investor relations section of Parsons’ website (https://investors.parsons.com). A replay of the webcast wi ...

Core Insights - AeroVironment, Inc. has appointed Milancy Harris as Vice President and Chief Security Officer to enhance its security strategy across its expanding mission portfolio [1][2] - Harris brings extensive experience from both the U.S. Government and private sector, including her recent role as Acting Under Secretary of Defense for Intelligence and Security [2][3] - The company emphasizes its commitment to innovation, national security, and public trust, with Harris stating the importance of protecting AV's people, programs, and technologies [4] Company Overview - AeroVironment (NASDAQ: AVAV) is a leader in defense technology, providing integrated capabilities across various domains including air, land, sea, space, and cyber [4] - The company develops autonomous systems, loitering munitions, counter-UAS technologies, and cyber capabilities, aimed at meeting the needs of modern warfare [4] - AV's core technology, AV_Halo, is an AI-powered suite of software tools designed to enhance battlefield operations [4]

Science Applications International (NasdaqGS:SAIC) Q3 2026 Earnings Call December 04, 2025 10:00 AM ET Speaker8Good day, and thank you for standing by. Welcome to the SAIC Fiscal Year 2026 Q3 Earnings Conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, we'll open up for questions. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your ...

Summary of Leidos Conference Call Company Overview - **Company**: Leidos - **Industry**: Government contracting, defense, and technology services Key Points Government Contracting Environment - The current government contracting environment has been challenging, influenced by the longest government shutdown in history and changes in administration priorities [2][3][4] - Despite these challenges, Leidos has shown resilience and has been able to increase guidance multiple times throughout the year, indicating strong earnings and margins [2][3] Funding Dynamics - There has been a strategic reprioritization in federal civilian agencies, impacting funding dynamics, but Leidos remains well-positioned with critical mission priorities [5][6] - The company expects funding dynamics to stabilize as they align with administration growth factors, particularly in defense and border security [5][6] Revenue Growth and Performance - In Q3, Leidos experienced accelerated organic revenue growth and a strong book-to-bill ratio, indicating new wins and programs that will contribute to future growth [7][8] - The company anticipates continued momentum into 2026 and beyond, despite some delays caused by the government shutdown [8][9] Key Growth Areas - **Defense Systems**: A multi-billion dollar segment that is expected to grow significantly due to strong demand signals across various product portfolios [12] - **Cybersecurity**: The cyber growth pillar is anticipated to grow rapidly, driven by evolving threats and advancements in AI [13] - **Energy Infrastructure**: This segment has been growing at a double-digit rate and is expected to become a more significant part of the portfolio due to robust demand signals [14] Health Segment - The health business has been a leading performer in terms of growth and margins, with expectations for modest growth in the near term [15][16] - There are opportunities to extend capabilities into rural and behavioral health, supported by recent funding initiatives [15][16] Competition and Recompete Landscape - Leidos is aware of the ongoing recompete landscape, particularly in the health segment, with contracts up for rebid in 2026 [17][19] - The company is focused on maintaining a competitive edge through performance-based contracts and leveraging technology to enhance service delivery [18][20] Golden Dome Initiative - Leidos is actively participating in the Golden Dome initiative, which is expected to move forward with significant resources allocated by the administration [22][24] - The company is bidding on major contracts related to this initiative and believes it has a critical role to play in various aspects of the program [24][27] FAA Modernization - Leidos has opted not to bid for the prime contractor role in the FAA modernization process but remains a key partner and expects to participate in the Common Automation Platform development [31][34] Margin Expansion - Leidos has achieved industry-leading margins, currently in the high 13% range, with a focus on sustaining these margins while exploring further improvements in specific segments [38][39] - The company is implementing internal efficiencies and leveraging AI to drive margin improvements across its portfolio [42][43] AI Integration - Leidos is committed to integrating AI into its operations to enhance efficiency and service delivery, while also partnering with customers to apply AI to mission outcomes [43][44] Additional Insights - The company is optimistic about its long-term trajectory, particularly in defense and cybersecurity, and is focused on maintaining a competitive edge through innovation and strategic positioning [12][13][14][15][16]

Group 1 - V2X, Inc. has been awarded a position on the Automated Test Systems Division's Multiple Award IDIQ contract by the Air Force Life Cycle Management Center [1] - The contract involves providing rapid, full lifecycle support for Automated Test Systems used to sustain critical warfighter operations globally [1] - The systems supported include a variety of aircraft platforms such as fighter jets, bombers, cargo aircraft, unmanned aerial vehicles, and helicopters [1] Group 2 - The IDIQ contract has a base ordering period of five years, with an option to extend for an additional five years [1] - V2X will maintain and sustain both commercial and noncommercial products across the ATS Division's portfolio [1] - The company employs approximately 16,000 professionals and integrates AI and machine learning capabilities to enhance mission success [1]

Core Insights - Lagrange Labs has been approved as a supplier within Raytheon Technologies' vendor ecosystem, enabling the deployment of its DeepProve technology for verifying AI in missile defense and fire-control systems [1][2] Group 1: Technology and Integration - DeepProve provides cryptographic assurance for AI-driven sensing, targeting, and engagement workflows, ensuring mission-critical decisions are verifiable [1][2] - The technology attaches cryptographic proofs to AI outputs, verifying that mission data was processed correctly and that targeting logic followed approved constraints [2][3] - Lagrange Labs has generated over 11 million zero-knowledge proofs across production defense environments, showcasing a 158x performance advantage for DeepProve [7] Group 2: Operational Security and Trust - DeepProve ensures that incoming data is unaltered and that model outputs adhere to authorized logic paths, thereby enhancing trust in AI-driven decisions for defense operations [3][5] - The verification layer creates durable records of model behavior, allowing operators to trust AI systems without accessing sensitive data [4] Group 3: Certification and Compliance - DeepProve generates tamper-evident evidence that mission data was processed correctly, supporting smoother accreditation and improving transparency during technical evaluations [6] - The technology reduces review friction and enhances operational security while maintaining compliance with stringent defense program requirements [6] Group 4: Market Position and Partnerships - Lagrange Labs serves Tier 1 U.S. defense contractors and has raised $21.5 million from investors, indicating strong market positioning and demand for cryptographic guarantees in defense applications [8]

Core Insights - L3Harris Technologies, Inc. has signed a memorandum of understanding with EDGE Group to enhance their defense partnership in the UAE, focusing on AI and autonomy [2][3] - The partnership aims to improve the UAE's defense capabilities and expand L3Harris' presence in the Middle East, where it has been active for 35 years [2] - L3Harris is investing $400 million in a new solid rocket motor production facility in Arkansas, responding to increased demand due to ongoing conflicts in Ukraine and the Middle East [3] Company Developments - The collaboration with EDGE Group is part of L3Harris' "Trusted Disruptor" strategy, emphasizing the importance of partnerships in developing advanced solutions for emerging threats [3] - The new production facility in Arkansas represents a significant expansion for L3Harris in the U.S. market, indicating a strategic response to global defense needs [3] Market Position - L3Harris Technologies is recognized as one of the top drone stocks to buy currently, reflecting its strong position in the defense technology sector [1]

Core Insights - Palantir and Rocket Lab are positioned as significant players in the defense, AI, and space technology sectors, indicating their potential impact on national security and technological advancement [1] - The companies are experiencing momentum due to expanding partnerships and increasing demand for secure intelligence capabilities, suggesting a favorable outlook for long-term growth [1] - Investors looking for transformative growth opportunities may find Palantir and Rocket Lab well-suited for substantial future gains [1]

Group 1 - Ondas Holdings Inc. (NASDAQ:ONDS) experienced a significant stock increase of 29.47%, closing at $8.72, following a $35 million investment in Performance Drone Works, an advanced robotics company [1][3] - The investment aims to enhance capabilities for warfighters, focusing on targeting, surveillance, sensing technology, and force protection [2] - Ondas plans to increase production of its C100 and AM-FPV systems, create new engineering jobs, and acquire essential components to support this initiative [3] Group 2 - Ondas secured a $20.9 million contract with the US Army for its C100 UAS and Multi-Mission Payloads (MMP) as part of the "Transformation in Contact" initiative [4] - The company completed the acquisition of Sentrycs CS Ltd., which specializes in Cyber-over-RF (CoRF) and Protocol-Manipulation counter-UAS technology [4] - Sentrycs' CoRF technology is designed to identify, track, and control unauthorized drones without disrupting communications, with 200 deployments across 25 countries [5]

Core Insights - Science Applications International Corp. (SAIC) has been awarded a $1.4 billion task order for the COBRA project to support the Department of War, focusing on multi-domain warfighting technologies [1][4] - The COBRA initiative aims to modernize existing military systems and enhance operational flexibility within the Combined Joint All-Domain Command and Control (CJADC2) ecosystem [2][3] - The project emphasizes the integration of various domains (sea, land, air, space, and cyber) to improve combat effectiveness and decision-making capabilities for military commands [3][4] Company Overview - SAIC is a leading mission integrator with a focus on technology and innovation, serving defense, space, civilian, and intelligence markets [4][5] - The company has approximately 24,000 employees and reported annual revenues of around $7.5 billion [5]