Charlie Peiffer, interim president and CEO of PAE, said the company saw its organic revenue for the quarter grow 7 percent. Pfeiffer stepped into the dual-role March 19 while serving as full-time chief financial officer of the Falls Church, Virginia-based government contractor.
PAE posted $292 million in Q1 bookings and $55.4 million in cash flow from operations.
Revenues in the company’s national security solutions and global mission services business units rose by about $67.2 million and $64.1 million, respectively.
The NSS segment’s quarterly operating income came in at $11.4 million while the GMS sector’s operating income reached $24.5 million.
Net income of the company declined from $26 million to $13.4 million year-over-year due to warrant-related changes.
AeroVironment has tapped Robert “Rob” Smith as executive vice president and chief operating officer. Smith’s appointment, which will become official April 13, underscores…
GreyNoise Intelligence has launched Command and Control Detection, a new intelligence module designed to identify active cyber compromises using outbound…
BigBear.ai has named Jo Ann Bjornson as chief human resources officer and Alex Thompson as chief corporate affairs officer. The new leadership appointments…
