General Dynamics (NYSE: GD) posted a 7.3 percent jump in revenue year-over-year for the first quarter of its 2021 fiscal year to $9.4 billion and experienced growth in all of its four business segments. The Reston, Virginia-based defense company reported $2.48 earnings per share for the quarter, $3 million net cash from operating activities and...
The State Department has cleared Australia’s request to buy heavy armored combat systems, related equipment and services through a potential $1.685 billion foreign military sales agreement. The proposed FMS deal includes M1A2 SEPv3 Abrams main battle tanks, M1150 Assault Breacher Vehicles, M1074 Joint Assault Bridges and M88A2 Hercules combat reco...
TYSONS CORNER, VA, April 30, 2021 — Concurrent Technologies Corp. will continue providing the U.S. Air Force with program management services and subject matter expertise to assist the service branch in managing its facilities and utility systems, ExecutiveBiz reported April 14. Work is covered by a $4.1 million modification to a previously awarde...
Holly Freedlander, corporate controller of Xator since September 2019, has been promoted to serve as chief financial officer at the Reston, Virginia-based security and intelligence services provider starting May 1. She will succeed the retiring Matt Galaski, who has led the company’s overall financial operations since 2014 and led the financin...
An Institute for Security and Technology task force has released a report outlining a comprehensive framework of 48 recommendations that government and private sector leaders can implement to counter the threats posed by ransomware, GovCon Wire has learned. The framework developed by IST’s Ransomware Task Force is structured around four interlocki...
Paul Dillahay, president and CEO of NCI Information Systems, was presented his 2021 Wash100 Award on Tuesday during a recent visit to NCI by Jim Garrettson, CEO of Executive Mosaic and founder of the Wash100 Award. “Paul Dillahay is a heads up CEO that has transformed NCI into a robust enterprise-wide IT solutions provider, while...
Boeing‘s (NYSE: BA) defense, space and security business earned $7.2 billion in revenue for the first quarter of its 2021 fiscal year, a 19 percent increase from the same period a year ago. The segment accounted for almost half of the total $15.2 billion company revenue for the quarter and reported a 5.6 percent increase...
Visit Wash100.com to cast your TEN votes before the 2021 Wash100 Vote Standings comes to an end on Friday. In THREE days, the most competitive voting season in the history of the most prestigious award in all of government contracting (GovCon) will end with a buzzer-beater. The Wash100 Award celebrates the accomplishments of the elite...
President Joe Biden has nominated national security veterans Frank Kendall and Gina Ortiz Jones to serve as secretary and undersecretary of the U.S. Air Force, respectively. Kendall, a three-time Wash100 Award winner, previously worked at the Pentagon as undersecretary of defense for acquisition, technology and logistics and principal deputy underse...
Private equity firm Greenbriar Equity Group has purchased aircraft components supplier PCX Aerosystems for an undisclosed sum as the latter completed its acquisition of the Senior Aerospace Connecticut business from global manufacturing and engineering company Senior plc. PCX said Monday it produces flight systems for rotorcraft and fixed-wing platf...
