Executive Mosaic’s GovCon Index ended the week with a 2.36% loss following the 0.8% drop Friday to $4,780.55. The index, which tracks the stock performances of 30 major government contractors, has fallen 3.04% since the start of April. Wall Street saw a broad market selloff due to the escalating conflict between Iran and Israel. All the major...
Tom Terjesen, an information technology industry leader, has returned to Peraton as senior vice president and chief information officer. In this capacity, he will oversee the implementation of Peraton’s IT strategy to drive growth initiatives and meet operational, employee experience and financial objectives and serve as a senior IT adviser to the...
Booz Allen Hamilton (NYSE: BAH) has named Lisa Bishop, formerly vice president overseeing analytics support to Department of Defense elements in Europe, as a senior VP and appointed Patrick Biltgen, formerly principal, as a VP. In her new role, Bishop will lead a team tasked with providing defense intelligence services to customers in the Washington...
Rich Carter, former vice president at MAG Aerospace, was appointed chief revenue officer at McKinney, Texas-headquartered Albers Aerospace, according to a LinkedIn announcement. He will be responsible for revenue, growth and strategic direction for the aerospace company supporting defense, intelligence, international and commercial customers. Some o...
While artificial intelligence is still a growing technology and comes with its share of risks and unknowns, some experts feel that the U.S. government is being too conservative about releasing information to the public regarding AI. “I think we all recognize we do not want to put out and jeopardize information that’s important to the...
Executive Mosaic could not be more thrilled to bestow the 2024 Wash100 Award on DeEtte Gray, president of business and information technology solutions at CACI International. Following on seven previous recognitions, Gray is awarded her eighth trophy for her instrumental defense sector technology modernization efforts. The Wash100 Award is a mark...
The State Department has approved the government of Bahrain’s request to procure M1A2 Abrams main battle tanks and related equipment from the U.S. government under a potential $2.2 billion foreign military sales agreement. Bahrain has asked to procure 50 M1A2 System Enhancement Program version 3 vehicles, four M88A2 Hercules combat recovery ve...
Paul Sartorius, solution integration director at Leidos’ (NYSE: LDOS) national security space business, announced via LinkedIn that he has taken the role of vice president and general manager of Cubic’s digital intelligence group. He has more than 21 years of experience in defense contracting, having started as a senior systems engineer ...
Andrew DelFavero, formerly senior director of business development at Peraton, has joined QinetiQ Group’s U.S. subsidiary as vice president of capture management, according to his LinkedIn post. He brings to the role more than two decades of industry experience in business development, capture strategy and program and project management. DelFavero...
John-Matthew Urby, an industry executive, has taken on the role of vice president of business development at Arcfield, a Chantilly, Virginia-based provider of systems engineering, integration and information technology support services for U.S. defense, intelligence, space and federal civilian agency customers. He announced his promotion in a Linked...
