Northrop Grumman generated $10 billion in sales during the third quarter of 2024, up 2 percent from the same period last year, and posted $11.7 billion in Q3 net awards with a record backlog of $85 billion. In an earnings release published Thursday, the Falls Church, Virginia-based aerospace and defense contractor said year-to-date sales rose...
Vishal Tulsian, former senior vice president and general manager of the state and local, health, and civilian agencies at Science Applications International Corp., was appointed president and chief operating officer at RELI Group. The Baltimore, Maryland-based business management consultant said Tulsian has over 25 years of experience in driving mar...
Dr. Stefanie Tompkins, director of the Defense Advanced Research Projects Agency, received her 2024 Wash100 Award from Executive Mosaic CEO Jim Garrettson during a recent meeting. Tompkins earned her third Wash100 award this year in recognition of spearheading the agency’s collaboration with numerous stakeholders to modernize quantum comp...
Artificial intelligence is undoubtedly one of the most disruptive and transformative technologies of our time. AI advancements are being made at unprecedented speeds, redefining the tech landscape and changing the pace of innovation. But while there’s a lot of hype surrounding AI today, GovCon leaders agree that it will one day be as integrate...
In the world of government contracting, small business owners and government contractors face a crucial decision when it comes to choosing the right contract type. Understanding the differences between Other Transaction Authority (OTA) contracts and Federal Acquisition Regulation (FAR) based contracts is essential for making informed decisions that ...
The space domain is evolving rapidly. New commercial entrants, rising military activity and growing threats are shaping the space domain, prompting government contractors to rethink their approaches and prioritize speed. Executive Mosaic sat down with 2024 Wash100 Award winner Maria Demaree, vice president and general manager of National Security ...
Parsons has agreed to acquire Miami-based BCC Engineering for approximately $230 million in cash as part of efforts to enhance its infrastructure capabilities and expand its presence in the Southeastern U.S. Strengthening Infrastructure Capabilities Parsons said Monday the all-cash transaction is expected to be finalized in the next 30 days and alig...
John Boyle, a C-level executive with extensive experience in federal contracting and technology sectors, was appointed CEO of Lawelawe Defense Inc., a Native Hawaiian-owned Small Business Administration certified 8(a) small disadvantaged business, GovCon Wire has learned. Boyle will drive innovation and strategic growth for Lawelawe Defense, expand ...
Executive Mosaic’s GovCon Index rose 0.33% Friday to $5,617.83, its highest close on record. The index, which tracks the stock performances of 30 major government contractors, registered a 2.04% week-on-week gain. It also matched the six-week winning streaks of the Dow Jones Industrial Average and S&P 500 Index. The blue-chip Dow Jones (+1...
Software integration tools provider Tangram Flex has appointed Greg Muhlner, a business development and sales leader in the defense technology sector, as chief growth officer. In this capacity, Muhlner will oversee Tangram Flex’s growth strategy as the company continues to expand its software offerings for defense, critical infrastructure and aero...
