Tria Federal, a Sagewind Capital-backed technology and advisory services provider, has acquired technology firm Softrams to better support the critical missions of federal health and public safety agencies. Customers of Softrams, which provides human-centered digital services and system modernization services to federal agencies, include the Centers...
Five contractors were awarded spots on a potential five-year, $100 million blanket purchase agreement to deliver financial management and operations support services to the Department of Homeland Security’s Office of the Chief Financial Officer. According to an award notice posted on the Federal Procurement Data System website, the awardees ar...
Executive Mosaic’s GovCon Index recorded gains in four of five trading sessions, advanced more than 1% in three days, and had its best day Wednesday with +1.99%. Friday’s closing of $5,640.35 was also its highest close. The result is a 4.9% weekly gain, GCI’s highest this year. The index, which tracks the stock performances of...
Blake Nelson, a 25-year industry veteran with vast experience in cloud technology, has been appointed vice president of the cloud and data center practice area at Leidos. The Reston, Virginia-based information technology company said Thursday the executive will spearhead the strategic growth of its digital modernization business, including...
The Air Force Global Strike Command has launched a five-year, $100 million initiative in an effort to accelerate commercial partnerships and enhance rapid acquisition capabilities. The Phase III Small Business Innovation Research indefinite-delivery/indefinite-quantity contract award for Commercial Engagement and Integration – Rapid Acquisition De...
John Mengucci, president and CEO of CACI International and a five-time Wash100 Award recipient, was appointed as vice chair of Clarkson University’s Board of Trustees. He was elected to the board in October 2019. In a Friday announcement, Clarkson University highlighted Mengucci’s roles aside from being the Board of Trustees’ vice ...
Executive Mosaic’s GovCon Index posted a second straight weekly loss despite recovering from Thursday’s steep 2.26% decline. The index, which tracks the stock performances of 30 major contractors, closed slightly higher at $5,375.43 (+0.37%) on Friday but lost 2.12% overall for the week. Its year-to-date gain is +15.14% from +20.34% two ...
Parsons, a technology-focused firm and federal government contractor, reported record revenues, earnings and other milestones in the third quarter of 2024. In a statement released Wednesday, Carey Smith, chair, president and CEO of Parsons, said, “We delivered record third-quarter results for total revenue, organic revenue growth, net income, ...
Cloud technologies have become widely adopted across the federal government. The Department of Defense made a significant investment in cloud at the end of 2022 with its $9 billion multi-vendor JWCC contract. But now, two years later, what’s on the horizon for cloud in the public sector? According to Steve Derr, vice president of Oracle̵...
Executive Mosaic’s GovCon Index ticked 0.23% higher to $5,491.84 Friday, its only gain in five trading sessions. The index, which tracks the stock performances of 30 major government contractors, lost 2.24% week-on-week for its first losing week since the week ending Sept. 13. As of Oct. 25, 2024, the GovCon Index is up 17.64% year-to-date....
