Parsons (NYSE: PSN) reported top and bottom-line results in the third quarter of 2023. In the three months that ended Sept. 30, 2023, total revenue rose 25 percent year-over-year to $1.4 billion, a new company record, and net income climbed 60 percent to $47 million versus Q3 2022. The shares of the technology provider popped...
The Department of Veterans Affairs has awarded 30 companies positions on a potential 10-year, $60.7 billion contract vehicle for information technology products and services. The multiple-award Transformation Twenty-One Total Technology Next Generation 2 contract covers cybersecurity, health care IT, strategy planning, enterprise network engineering...
Open source software, or software with publicly available code, has become popular in the United States federal government in recent decades due to its cost savings, improved security, faster innovation and flexibility. Now, the healthcare sector is getting serious about open source. Andrea Fletcher became the first ever chief digital strategy offi...
Harnessing powerful technologies, constantly innovating and making the force more lethal are some of the top focus areas for the U.S. Army’s new Chief of Staff, Gen. Randy George. At the Association of the U.S. Army’s 2023 Annual Meeting and Exposition in October, George outlined his main priorities. If you’re interested in the Army...
The U.S. Coast Guard Aviation Logistics Center intends to issue an indefinite-delivery contract to extend the service life of 149 electro-optical/infrared sensor systems installed on MH-60 and MH-65 helicopters. Under the upcoming Electro/Optical Infra-Red Sensor System Modernization contract, the Coast Guard aims to upgrade the EO/IR systems with h...
The Department of Homeland Security’s Customs and Border Protection will award an up to $100 million contract using the General Services Administration’s One Acquisition Solution for Integrated Services vehicle for Small Business Pool 1 to procure program, project and engineering services. According to an Acquisition Planning Forecast Sy...
Top government contracts won by Albers Aerospace have benefited the government, providing aerospace products and services. The company brings advanced technology, innovation, and growth initiatives across the federal industry. Recent Top Government Contracts Won By Albers Aerospace Albers Aerospace has been helping federal government a...
Iridium Communications (Nasdaq: IRDM) has released its financial results for the third quarter of 2023 and provided an update on its outlook for the full year. The quarter’s highlight was the 12 percent year-over-year increase in operational EBITDA to $121.3 million, a new record for the global voice and data satellite communications provider....
Tim Massey, formerly sector executive vice president at Radiance Technologies, has been promoted to chief growth officer at the Huntsville, Alabama-headquartered defense and intelligence technology developer. He will now facilitate collaboration among sectors and groups and help drive the company’s strategic growth initiatives, Radiance said T...
The Department of Health and Human Services has awarded the nonprofit biological resource center and standards organization American Type Culture Collection a contract with a total value of $333 million to support the Biological and Emerging Infections Research Resources Program. Critical to the work of the National Institute of Allergy and Infectio...
