Parsons (NYSE: PSN) reported record revenue of $1.5 billion during the first quarter of 2024, reflecting a year-over-year increase of 31 percent, and a record Q1 organic revenue growth of 29 percent due to the continued ramp-up on contract awards and execution on the company’s backlog programs. The Centreville, Virginia-based defense and infra...
Potomac Officers Club is the premier government contracting events organization in the Capital region. It connects executives from across the industry, from big-name prestige brands to small, up-and-coming outfits. In recent years, Potomac Officers Club has evolved into a primarily summit-based company, holding large monthly conferences centered aro...
Sigma Defense Systems, a portfolio company of Sagewind Capital, has moved to expand its Combined Joint All-Domain Command and Control capabilities with its acquisition of Herndon, Virginia-based electronic warfare systems provider EWA. EWA was founded by President and CEO Carl Guerreri in 1977 to bring electronic warfare platforms, threat simulators...
The Integrated Tactical Network, better known as the ITN radio, is a “critical component” of the U.S. Army’s Unified Network Plan. It provides voice and data communication capabilities to tactical units in challenging environments to form a converged and reliable tactical network. Given that the U.S. Army’s current and future combat ...
Iridium Communications (Nasdaq: IRDM) presented its Q1 2024 financial results, in which total revenue reacched $203.9 million, although slightly lower by 0.7 percent from a year ago. Notably, the voice and data satellite communications provider’s net income increased 101.1 percent year-over-year to $19.65 million, while the subscriber base g...
Barbara Haines-Parmele, a more than 25-year executive in the federal government, management consulting and financial services sectors, has taken on the role of executive vice president and general manager of the intelligence sector at ManTech. She will directly report to ManTech President and CEO Matt Tait and oversee operational and strategic initi...
Srinivas Attili, formerly a partner at McKinsey & Company, has been appointed executive vice president of the civilian business group at Science Applications International Corp. (NYSE: SAIC). He will assume his new post on May 6 and report to SAIC CEO Toni Townes-Whitley as he oversees the newly established unit that encompasses the company̵...
Battelle has received a potential seven-year, $350 million contract from U.S. Special Operations Command for the acquisition of nonstandard commercial vehicles. The indefinite-delivery/indefinite-quantity contract covers lifecycle replacement of USSOCOM’s fleet of NSCVs, ancillary vehicle modifications and supply of armament, communications an...
McLean, Virginia-based Iridium Communications (Nasdaq: IRDM) has closed its purchase of Satelles and launched a satellite-based time and location service as part of its portfolio of offerings. The Iridium Satellite Time and Location service works indoors and is designed to safeguard GPS and other Global Navigation Satellite Systems-reliant platforms...
It’s official: this year’s Wash100 popular vote contest has garnered the most participation of any in years past! We will wait to reveal the total count of votes until the end of the competition in May, but suffice it to say, the number is jaw-dropping. Thanks for your help in making this the most engaged...
