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Larry Prior, formerly president and CEO of CSRA and a four-time Wash100 winner, has joined The Carlyle Group (Nasdaq: CG) as an operating executive consultant for the private equity firm™s aerospace, defense and government services team. He will provide the team with investment guidance on acquisition and sourcing and offer advice to ...

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in 2016. The professional s...

TYSONS CORNER, VA, May 30, 2018 ” FCI Enterprises has recruited Joseph Chioda, formerly client executive vice president for AT&T™s (NYSE: T) global public sector business, to serve as the Chantilly, Va.-based technology company’s new chief growth officer, ExecutiveBiz reported Friday. Prior to his tenure at AT&T, Chioda ...

The National Geospatial-Intelligence Agency has tapped 10 companies for content management of community-sourced data on topographic and human geography under a potential 10-year contract worth $920 million. Work for NGA’s Janus Geography initiative will take place at the contractors’ facilities, the agency said in a notice posted Th...

India™s defense acquisition council has approved capital acquisition proposals worth approximately $554.6 million. The Indian government said Friday the proposals include the procurement of the NAG missile system valued at approximately $78.8 million and 13 BAE Systems-built 127-mm-caliber guns for the country™s naval force worth $451...