A report by financial services company Raymond James (NYSE: RJF) shows that 122 mergers and acquisitions occurred in the defense and government market during the second quarter of 2024, a 63 percent increase from the prior-year period and an 11 percent rise from the previous quarter. The August report was issued by Raymond James’ defense ...
Summit Technology Group has introduced artificial intelligence capabilities for its cloud-based federal loans and grants platforms, opened a new office in the Washington, D.C. metropolitan area and made key industry hires to support the company’s expansion in the federal sector. Investments in AI Tech for Federal Loans & Grants Platforms STG s...
Summit Technology Group has appointed Marc Tate, a federal technology industry executive, as executive vice president of federal sales for the company’s public sector business. STG announced Tate’s appointment in a LinkedIn post. Tate brings to the role decades of experience in federal and financial technology sales, project management, corp...
Booz Allen Hamilton (NYSE: BAH) has added Aimee George Leary to its leadership team. The McLean, Virginia-headquartered firm said Tuesday in a post on LinkedIn that Leary, who currently serves as executive vice president, will also now oversee talent recruitment and retention strategy and culture transformation as chief people officer. She succeeds ...
Booz Allen Hamilton (NYSE: BAH) has received a potential five-year, $506 million contract from the U.S. Army to build and integrate critical combat systems in support of the military branch’s aviation vertical lift platforms in future multidomain operations. Booz Allen said Tuesday the Army’s Future Vertical Lift Cross-Functional Team an...
Booz Allen Hamilton (NYSE: BAH) saw its revenue climb 10.8 percent to $2.94 billion during the first quarter of fiscal year 2025 and recorded $255.2 million in operating income, up 8.9 percent from the prior-year period. The McLean, Virginia-based information technology and management consulting firm said Friday net income rose 2.4 percent to $165.2...
Trevor McKnight, a Booz Allen Hamilton (NYSE: BAH) veteran, has joined the civilian and health operating group of ASRC Federal as vice president of citizen services. In a LinkedIn post Thursday, ASRC Federal said McKnight has 24 years of experience in supporting the Federal Aviation Administration, the Department of Transportation and other key cust...
Akira Technologies has appointed Craig Fitzpatrick, a technology industry executive, as chief innovation officer. In a LinkedIn post published Wednesday, the Washington, D.C.-based company said Fitzpatrick will oversee research and development, customer-centric prototype development efforts and emerging technology partnerships. The U.S. Air Force ve...
Client Solution Architects has appointed Jeremy Ross, a business development and capture management leader, as chief growth officer. “I look forward to leveraging the power of technology in providing cutting edge IT modernization, cyber security, training and digital solutions,” Ross said in a LinkedIn post published Tuesday. He brings t...
Matthew Hollandsworth, former director at AMERICAN SYSTEMS, has joined BAE Systems to serve as vice president of security, intelligence and security sector, according to his LinkedIn announcement. Hollandsworth brings to BAE experience in developing strategies for protecting personnel, information and assets. He spent nearly a decade at AMERICAN SYS...
