Executive Mosaic is proud to name Peraton Chairman, President and CEO Stu Shea as a 2023 winner of its prestigious Wash100 Award. Shea earned his seventh Wash100 recognition this year for his leadership in integrating Peraton’s major acquisitions into a cohesive enterprise and for his continued strategy of landing significant contra...
James Winnefeld, a retired U.S. Navy admiral, has been appointed chair of Acalvio Technologies‘ newly created board that will advise the cybersecurity company on federal business matters. Acalvio said Thursday the federal advisory board will offer their perspectives as the Santa Clara, California-based software provider aims to help government...
Artificial intelligence has become increasingly important in the ever-evolving modern warspace. To address this emerging technology and harness its benefits to ensure decision-making advantage, the Department of Defense recently established the Chief Digital and Artificial Intelligence Office, which holds a goal of accelerating the department&#...
We’re three weeks deep into the popular vote contest for the Wash100 Award, which means we’re nearly at the one month mark for this nail-biting, exciting race. Coalitions and strongholds in the top 30 ranking of the most prestigious names in government and government contracting have begun to take shape—though, as this week’s recap will...
Iridium Communications (Nasdaq: IRDM) posted $193.8 million in revenue for the fourth quarter of 2022, up 24 percent from the prior-year period and reported a 17 percent growth in full-year sales to $721 million. The global satellite communications company said Thursday total billable subscribers grew 16 percent year-on-year to 1,999,000, driven by ...
The State Department has approved the Netherlands’ request to purchase Lockheed Martin-built (NYSE: LMT) multiple launch rocket systems and associated equipment from the U.S. government under a $670 million foreign military sale proposal. The possible deal includes 20 M142 High Mobility Artillery Rocket System, missile and rocket pods, battle ...
Executive Mosaic has included Rick Wagner, president of Microsoft’s federal business, in its 2023 Wash100 Award list for helping lead company efforts focused on delivering cloud capabilities to the government in support of national security missions. The recognition marks the sixth consecutive time that Wagner was presented with Executive Mosa...
Parsons (NYSE: PSN) saw its fourth-quarter revenue for fiscal year 2022 rise 16 percent to $1.1 billion and reported full-year sales of $4.2 billion, reflecting a total growth of 15 percent and organic growth of 9 percent. The Centreville, Virginia-based contractor said Wednesday Q4 2022 net bookings reached $1.1 billion with a book-to-bill ratio of...
Scientific Systems Co. has appointed the role of products division senior vice president to Tom Frost, former general manager of unmanned ground systems at Teledyne Technologies (NYSE: TDY). Frost, who has nearly 23 years of experience in the robotics industry, will be responsible for the strategic growth and daily operations of the products team, S...
Acorn Growth Companies, a middle-market defense and aerospace investor, has finalized its sale of Black Sage Technologies to private equity firm Highlander Partners. The transaction, which comes nearly four years after Acorn bought Black Sage, is part of the latter’s expansion strategy, Acorn Growth said Tuesday. Oklahoma-headquartered Acorn G...
