Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Raytheon Technologies (NYSE: RTX) received the most money through Department of Defense contracts during the government’s 2021 fiscal year, according to data from the Pentagon’s Office of Local Defense Community Cooperation. The “Fiscal Year 2021 Defense Spending by State” report...
Lockheed Martin (NYSE: LMT) logged a 3 percent jump in fiscal year 2022 third quarter sales to $16.58 billion and three of the company’s four business areas also posted revenue increases for the July-September period. The company reported third quarter net earnings of $6.71 per share, $4.5 higher than the prior year period, and raised...
The global technological landscape is changing and evolving faster than ever before. In today’s era of great power competition, technological superiority is critical, and U.S. leaders must embrace continuous innovation and advancements in order to stay ahead of the curve. Executive Mosaic spoke with five of GovCon’s most influential leaders to f...
L3Harris Technologies (NYSE: LHX) has made an investment in Seasats to drive collaborative development and advance the production of the latter’s X3 autonomous surface vehicle designed for military and commercial applications. Daniel Gittsovich, vice president of corporate strategy and development at L3Harris, said in a statement published Wednesd...
Once Frank Whitworth began his duties as the eighth director of the National Geospatial-Intelligence Agency, he asked his team what their desired goal was for the end state, or ultimate mission completion, of the organization. They replied with a resounding, ambitious answer: “GEOINT [or geointelligence] supremacy.” At first, Whitworth was a b...
Software, cloud and emerging technologies like artificial intelligence are rapidly expanding in the public sector. As federal agencies migrate to the cloud, they’re looking to industry for all-encompassing products, services and systems that can help smooth the transition and accelerate their modernization journeys. Tamara Greenspan, group v...
There have been major shifts in the GovCon landscape in recent years; with the rise of remote work, the increase in M&A activity and the growing competitiveness of the sector, government contractors must be adaptable, agile and quick in order to stay ahead of the curve and grow their businesses. To learn more about the...
President Biden’s newly released national security strategy outlines the White House’s plan for maintaining the country’s competitive edge on the global stage, strengthening coalitions with partners and allied forces and accelerating the modernization of our military. Notably, the new strategy focuses largely on outcompeting China and con...
Andrew Pahutski, a Department of Defense veteran with 27 years of civilian and military service, has been appointed vice president of economic security programs at Systems Planning and Analysis. Pahutski will be responsible for overseeing the development of the company’s portfolio of advanced analytics offerings in economic security and intern...
Tricia Fitzmaurice, a 27-year government information technology thought leader, has joined Rancher Government Solutions as vice president of sales. Her appointment comes amid the increasing adoption of Kubernetes and containerization in the federal market and RGS’ recent contract wins, including a contract with the U.S. Air Force’s Kessel Ru...
