Category: News

Leidos Books $249M Follow-on Contract for Army’s Automated Installation Entry Next ProgramContract Awards

Leidos Books $249M Follow-on Contract for Army’s Automated Installation Entry Next Program

The U.S. Army awarded Leidos (NYSE: LDOS) a potential six-year, $249 million follow-on contract to support the Automated Installation Entry
GlobalFoundries to Expand Chip Manufacturing Capacity With $1.5B Investment From Commerce DepartmentNews

GlobalFoundries to Expand Chip Manufacturing Capacity With $1.5B Investment From Commerce Department

GlobalFoundries (Nasdaq: GFS) will receive a potential $1.5 billion investment from the Department of Commerce through the CHIPS and Science
Sol Horwitz Appointed RELI Group CFOExecutive Moves

Sol Horwitz Appointed RELI Group CFO

Sol Horwitz, a more than three-decade finance operations and accounting professional, has joined Catonsville, Maryland-based information technology services contractor RELI
CAE Divests Health Care Business to Focus on Core MarketsM&A Activity

CAE Divests Health Care Business to Focus on Core Markets

CAE (NYSE: CAE) has sold its health care business unit to Madison Industries for approximately $230.2 million as part of
Randy Kempton Named Raytheon’s Operations, Supply Chain VP for Land & Air Defense SystemsExecutive Moves

Randy Kempton Named Raytheon’s Operations, Supply Chain VP for Land & Air Defense Systems

Randy Kempton, a 16-year veteran of Raytheon now RTX (NYSE: RTX), has been named vice president of operations and supply
Iridium CEO Matt Desch Secures 10th Wash100 Award for Driving Company Growth Streak, Prioritizing Service InnovationNews

Iridium CEO Matt Desch Secures 10th Wash100 Award for Driving Company Growth Streak, Prioritizing Service Innovation

Executive Mosaic is thrilled to include Matt Desch, CEO of Iridium Communications, in the 2024 roster of Wash100 Award recipients in recognition of
Iridium Reports 10% Growth in Full-Year 2023 Revenue; Matt Desch on Plans to Increase R&D SpendingFinancial Reports

Iridium Reports 10% Growth in Full-Year 2023 Revenue; Matt Desch on Plans to Increase R&D Spending

Iridium Communications (Nasdaq: IRDM) saw its engineering and support revenue increase 74 percent to $31.1 million during the fourth quarter
David McKeown: DOD Eyes Targeted Zero Trust by 2027Cybersecurity

David McKeown: DOD Eyes Targeted Zero Trust by 2027

David McKeown, deputy chief information officer for cybersecurity and senior information security officer at the Department of Defense, said DOD
Leidos Books $143M Task Order to Design Data Tasking, Processing System for DIA; Roy Stevens QuotedContract Awards

Leidos Books $143M Task Order to Design Data Tasking, Processing System for DIA; Roy Stevens Quoted

Leidos (NYSE: LDOS) was awarded a $143 million task order to support the Defense Intelligence Agency’s Open Source Intelligence Integration
New Directions Technologies Wins $111M Navy IDIQ for Weapons Systems Engineering SupportContract Awards

New Directions Technologies Wins $111M Navy IDIQ for Weapons Systems Engineering Support

New Directions Technologies has won a potential five-year, $111.4 million contract from the U.S. Navy to provide test, system and