General Dynamics (NYSE: GD) logged a $766 million profit for the second quarter of its 2022 fiscal year and $9.2 billion in revenue, figures respectively 3.9 percent higher and relatively flat compared to the same period last year. The Reston, Virginia-based defense contractor said Wednesday earnings totaled $2.27 per share, up 5.4 percent from the...
CHIPS Act Heads to White House; Matt Ofilos Promoted as Parsons CFO; State Department OKs $8B F-35 FMS Deal With Germany; SecAF Frank Kendall on Accelerating Capability Modernization; Q&A With CGI Federal’s Clay Goldwein Click to Unmute...
The Department of the Air Force has undoubtedly led the U.S. military’s modernization push in the last few years — DAF leaders have long been champions of transformational changes like IT improvements, digital transformation efforts and data advancements. But officials argue that financial management, or FM, needs a bigger seat at the table in t...
James Ebeler, chief technology officer of Three Wire Systems, recently spoke with GovCon Wire to discuss joining the company back in February as well as his strategic goals in the role for the rest of 2022 and beyond. In addition, Ebeler also shared his insights regarding the core values of the company culture at Three Wire Systems and...
The U.S. Air Force has awarded seven companies spots on a potential six-year, $762 million contract vehicle for subject matter expert services to the branch’s cloud-based data management platform. Contractors will compete for task orders to perform data preparation and architecture, data maturity model evaluation, algorithm development and dat...
Cyber and information technology objectives are so implicit in the U.S. Air Force’s current trajectory that some officials have been prompted to double check that these issues are still at the front of mind for the service branch’s highest ranking officials. Lauren Knausenberger, chief information officer for the Department of the Air Force, ass...
Mary Petryszyn, corporate vice president and president of defense systems business at Northrop Grumman, was presented her 2022 Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office in Falls Church, Virginia. Executive Mosaic is proud to recognize Mary Petryszyn as a two-time Wash100 Award recipient, ...
Jennifer Chronis, vice president of public sector at VMware and a 2022 Wash100 Award winner, recently spoke with GovCon Wire in the latest Executive Spotlight interview to discuss her appointment with the company, how its workforce drives talent retention for the long term as well as the unique set of challenges on the business side of innovatio...
U.S. senators voted 64-33 Wednesday to approve a $280 billion funding bill that would give more than $52 billion to domestic semiconductor production, manufacturing research, workforce training and laboratory-to-fabrication transition programs. The CHIPS and Science Act of 2022, which is now headed to the House of Representatives for approval, also ...
Raytheon Technologies (NYSE: RTX) posted $16.31 billion in sales for its fiscal year 2022 second quarter, up 4 percent on an organic basis over the prior-year period and reported adjusted earnings per share rose from $1.03 to $1.16 per share. The Arlington, Virginia-based defense and aerospace contractor attributed the higher sales to a strong start...
