Digital services provider DMI has divested a business segment to digital engineering services firm Encora to strengthen its focus on delivering innovative technology platforms to federal, state and local government agencies and providing managed services for public sector and commercial customers. Advancing Digital Transformation Following the sale,...
Mark McMullan has been elevated to the role of chief solutions architect at EXPANSIA. The company said Wednesday McMullan will be responsible for developing and implementing enterprise-wide services aligned with the company’s long-term vision. He has extensive knowledge of emerging technologies, coupled with a proven track record in turn...
The U.S. Navy has awarded risk management services provider Risk Mitigation Consulting a $95 million contract to provide mission assurance, or MA, assessments of installation infrastructure and facility-related control systems, or FRCS, globally. RMC said Tuesday the five-year contract has a base period of one year and four one-year options. T...
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...
The State Department has cleared Egypt’s two foreign military sales requests worth approximately $929 million combined to provide AN/TPS-78 long-range radars, COMBATSS-21 combat management systems to support the fast missile craft modernization effort and related equipment and support services. The Defense Security Cooperation Agency sai...
As director of the 5G Cross-Functional Team at the Department of Defense’s Office of the Chief Information Officer, Juan Ramírez has deep involvement in how the Pentagon is installing and platforming 5G networks as the basis of its communications. In his two years in the role, Ramírez has architected a clear plan forward for integrating...
Christopher Calio, president and CEO of RTX, has been elected as the aerospace and defense company’s chairman of the board of directors. The Arlington, Virginia-based contractor said Monday Calio’s appointment will take effect on April 30. He will succeed Gregory Hayes, who will step down from his post as executive chairma...
Teledyne Technologies has completed its acquisition of select Excelitas Technologies aerospace and defense electronics businesses for approximately $710 million in cash. The company said Monday the acquired businesses include Excelitas’ U.K.-based optical systems business operating under the Qioptiq brand and its U.S.-based advanced elec...
Northrop Grumman reports having generated $10.68 billion in sales for the fourth quarter of 2024 and $41.03 billion in total sales for the whole year. The company said Thursday the figures reflected strong, continuing demand for its services and products. Sales Totals and Sales Drivers The sales total for the fourth quarter of 2024 is...
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. “cannot afford to be second” to China in the field of artificial intelligence. Rozanski’s Insights on DeepSeek When asked about DeepSeek, Rozanski said on Monday during CNBC’s “Closing Bell Over...
