Parsons reported record fourth-quarter revenue of $1.7 billion, reflecting a 16 percent year-over-year growth, and noted that its full-year revenue for fiscal year 2024 jumped 24 percent to $6.8 billion, up 22 percent on an organic basis. Financial Highlights In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infra...
Ridgeline International has agreed to acquire System High for an undisclosed sum as part of efforts to establish a scaled provider of high-end security offerings designed to protect the country’s weapons systems, critical operations and intelligence missions. According to a joint release published Wednesday, the companies expect the transactio...
Chugach Government Solutions has named Virginia Robinson, a nearly 20-year legal adviser and business strategist, senior vice president and chief legal officer. The company said Tuesday Robinson will be responsible for all legal, governance and compliance matters and provide strategic counsel to drive growth in the government contracting sector. CGS...
5G networks are highly scalable, accommodate electromagnetic spectrum diversity and are, beneficially, based on established standards, according to Johnson Wu, a contractor who works on the cyber portfolio at the Defense Innovation Unit. They’re also ideal for demanding environments such as remote locations ‘at the edge’ and for private n...
Michele St. Mary has been selected as the new chief legal officer and general counsel at Amentum, effective immediately. The advanced engineering and innovative technology services provider said Monday that St. Mary would oversee its legal, ethics, compliance, contracts and security functions worldwide. She will be responsible for corporat...
Anduril Industries, a defense technology contractor, has secured a firm-fixed-price, indefinite-delivery/indefinite-quantity contract worth $99 million from the U.S. Air Force for prototyping projects for the Phase III of the Thunderdome Small Business Innovation Research, or SBIR, initiative. Lattice-Driven Prototyping Projects The Department ...
Robert F. Kennedy Jr. has been sworn in as the new secretary of the Department of Health and Human Services. Supreme Court Associate Justice Neil Gorsuch presided over the ceremony at the White House. As the new chief, Kennedy will manage a federal department that operates on around $2 trillion budget and oversee its program,...
Iridium Communications reported fiscal 2024 fourth-quarter revenue of $213 million, up 9 percent from the prior-year period, and saw its total revenue for the full year increase 5 percent to $830.7 million. In an earnings release published Thursday, the McLean, Virginia-based satellite communications company said Q4 and full-year net income were $36...
In its 12th year, the Wash100 Award continues to be the top accolade presented to leaders in both public and private sectors in recognition of their leadership, vision, innovation, reliability and achievement. Jim Garrettson, CEO of Executive Mosaic and creator of the Wash100, invites the GovCon community to join the award’s biggest year yet b...
Marlan Macklin is a two-decade Department of Defense civilian official with vast technological and international experience. As deputy principal director for FutureG, he travels the globe advocating and educating about how terrestrial networks like 5G and its successors are an essential glue that holds modernized communications together for the U.S....
