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Sunil Ramchand, former CEO of Mission Essential, has joined VT Group as president and chief growth officer at the Chantilly, Va.-based defense technology contractor. He will oversee VT Group’s growth strategy and also serve as a member of its board of directors, the company said Wednesday. The U.S. Navy veteran previously served...

A report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) posted $8.7B in bookings during the third quarter of 2018, reflecting a 25 percent increase from the same period last year. Raytheon associated the increase with the integrated defense systems sector™s $1.3B Patriot missile defense system order from P...

Karoom Brown, a more than 17-year government and commercial health care market veteran, has been named chief global strategy, products and growth officer at Optum™s federal health services unit, GovCon Wire has learned. He will lead OptumServe‘s efforts to identify new business opportunities and expand technology offerings ...

Stephen Kovac, vice president of global government and compliance at Zscaler (Nasdaq: ZS), has said agencies that aim to create secure cloud environments should merge controls under the Federal Risk and Authorization Management Program and the Trusted Internet Connections initiative. œUsers should be able to access the cloud via a trusted conne...

A new report by consulting firm McAleese & Associates says Boeing (NYSE: BA) has begun to œself-fund research and development work on some Defense Department programs as it aims to win new contract opportunities. Jim McAleese, founder and principal at McAleese & Associates, wrote that one of those opportunities is th...

TYSONS CORNER, VA, October 29, 2018 ” Al Whitmore, president of the intelligence and security sector of BAE Systems Inc., has said the company aims to build on its internal research and development activities to fulfill work under a multi-award contract with the Defense Department, ExecutiveBiz reported Oct. 2. The company said Oct. 1 it w...

IBM (NYSE: IBM) has agreed to acquire Red Hat (NYSE: RHT) for approximately $34B in a move both companies expect to create a global hybrid cloud provider. IBM said Sunday it will pay $190 in cash for each share of Red Hat under the deal that is expected to conclude in the latter half of next...

Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC), has said the company will begin in 2019 to consolidate into a single unit its system modernization and advanced defense services areas that operate under its technology services business. Warden, a three-time Wash100 recipient, told analysts Wednesday...

Textron (NYSE: TXT) is acquiring Waterboro, Maine-based robotic ground vehicle manufacturer Howe & Howe Technologies for an undisclosed sum in a move to expand autonomous technology offerings across land, sea and air domains. The industrial conglomerate said Thursday Howe & Howe’s vehicles and applications will complemen...