Parsons reported record fourth-quarter revenue of $1.7 billion, reflecting a 16 percent year-over-year growth, and noted that its full-year revenue for fiscal year 2024 jumped 24 percent to $6.8 billion, up 22 percent on an organic basis. Financial Highlights In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infra...
Iridium Communications reported fiscal 2024 fourth-quarter revenue of $213 million, up 9 percent from the prior-year period, and saw its total revenue for the full year increase 5 percent to $830.7 million. In an earnings release published Thursday, the McLean, Virginia-based satellite communications company said Q4 and full-year net income were $36...
Parsons has acquired environmental contractor TRS Group. The $36 million all-cash acquisition is aimed at boosting Parsons’ federal solutions and critical infrastructure segments. TRS is known for its environmental remediation technology developed for cleaning hazardous and toxic substances from soil, groundwater and fire suppression systems, ...
Booz Allen Hamilton saw its revenue increase 13.5 percent to $2.92 billion during the third quarter of fiscal year 2025 and reported $291.3 million in Q3 operating income, up 17.7 percent from the same period the previous year. Q3 Fiscal 2025 Results In an earnings release published Friday, the McLean, Virginia-based IT and management consulting...
Horacio Rozanski, president and CEO of Booz Allen Hamilton and a three-time Wash100 awardee, stressed the need for speed and that the U.S. âcannot afford to be secondâ to China in the field of artificial intelligence. Rozanski’s Insights on DeepSeek When asked about DeepSeek, Rozanski said on Monday during CNBC’s âClosing Bell Over...
The Wash100 Award, the longest running recognition of current and future success in the government contracting industry, has revealed its 2025 class of winners. These 100 executives are superstars in the eclectic, competitive and talented industrial base and federal sector. Together, these government officials and industry leaders usher technol...
Heather Gerczak, chief administrative officer at Integral Federal, has been named chair of Executive Mosaicâs 4×24 Contracts Group. The 4×24 Executive Leadership Program unites senior industry executives and top government officials through a series of dinners designed to increase collaboration between public and private sector...
John Zangardi, former chief information officer of the Department of Homeland Security, has decided to retire as chief executive officer of Redhorse. The San Diego, California-based company said Monday Zangardi, chairman of Executive Mosaicâs 4×24 Leadership Group 2, will officially retire at the end of 2024. The seasoned...
Fresh off nearly a decade at Capgemini Government Solutions, Wash100 Award winner Bill Webner joined Summit Technology Consulting Group in June. However, that venture has, with Webnerâs help, now rebranded, transforming into the new Allocore. We were excited to catch up with this accomplished executive to learn about the new company, what it ...
Parsons, a technology-focused firm and federal government contractor, reported record revenues, earnings and other milestones in the third quarter of 2024. In a statement released Wednesday, Carey Smith, chair, president and CEO of Parsons, said, “We delivered record third-quarter results for total revenue, organic revenue growth, net income, ...
