Parsons (NYSE: PSN) recorded $949 million in revenue for the first quarter of its 2022 fiscal year, up 9 percent from the prior-year period, and attributed the sales increase to organic growth from the company’s federal solutions and critical infrastructure segments. The Centreville, Virginia-based contractor ended the quarter with a total bac...
ManTech International (Nasdaq: MANT) posted $675.5 million in fiscal 2022 first quarter revenue, up 6.7 percent from the prior-year period, and attributed the growth to contract awards and acquisitions. The Herndon, Virginia-based government services contractor stated 66 percent of the $464 million in total awards from multiple customers during the ...
As the Department of Defense and U.S. military branches forge ahead with their adoption of advanced technology like artificial intelligence and machine learning, cybersecurity must be the foundation for these efforts, not just an afterthought, according to chief intelligence officers from government and industry. During a panel discussion at the Pot...
Raj Iyer, chief information officer of the U.S. Army, was officially presented his 2022 Wash100 Award, the highest honor in all of government contracting (GovCon), during the Potomac Officers Club’s 3rd Annual CIO Summit where Iyer was featured as an expert panelist. Executive Mosaic CEO Jim Garrettson presented the second consecutive Wash...
KBR (NYSE: KBR) reported government solutions unit revenue for the first quarter of its 2022 fiscal year grew 25 percent to $1.46 billion and the company attributed the increase to sales growth across defense, space and other businesses under the government segment. The Houston-based engineering contractor said its total Q1 revenue of $1.71 billion ...
Executive Mosaic is pleased to announce that John Sherman, chief information officer for the Department of Defense (DOD), officially received his 2022 Wash100 Award during the 3rd Annual CIO Summit from Potomac Officers Club where Sherman was featured as the leading keynote speaker. John Sherman was presented with the most prestigious and acclai...
The Department of Veterans Affairs is working to move past its tendency to “take orders” and instead shift towards a vision-driven approach as the department makes progress on its overarching modernization goals. “Inside the VA, as a government bureaucracy, our IT shop has an embedded DNA of taking orders, trying to meet those needs for...
Amy Gowder, chief operating officer of Aerojet Rocketdyne (NYSE: AJRD) over the past two years, will formally join General Electric‘s (NYSE: GE) aviation subsidiary on May 9 to serve as president and CEO of military systems operation. She will report to John Slattery, president and CEO of GE Aviation, and oversee a portfolio of engine...
Leonardo DRS and Teledyne FLIR have won separate contracts worth $1.08 billion combined to manufacture thermal imaging systems designed for soldiers’ target acquisition and engagement operations. Army Contracting Command received four bids for the military branch’s Family of Weapon Sight-Individual program and expects the two vendors to ...
The National Geospatial-Intelligence Agency is shifting its workflow approach and prioritizing speed to close its pacing gap with other global powers in today’s rapidly changing geopolitical environment, according to NGA Chief Information Officer Mark Andress. “We’re moving away from a Continental U.S.-first, human-initiated, point-to-poin...
