Executive Mosaic CEO Jim Garrettson has presented the 2025 Wash100 Award to Carey Smith, chair, president and CEO of Parsons. Garrettson, who founded the Wash100 Award in 2014, personally congratulated Smith for her seventh Wash100 win during a visit to Parsons’ office. Smith Leads Parsons Toward Growth The Wash100 Award is handed out annually...
Rocket Lab has agreed to acquire Geost, signaling the latter’s expansion into the satellite payload segment. The launch services and space systems company said Tuesday it will acquire Geost’s parent holding company from Lightridge Solutions for $275 million in cash and common stock shares, plus potential additional cash earnout...
Michael Pasquarello has announced on LinkedIn Saturday that he has been selected as vice president of contracts at Raytheon, an RTX company. Pasquarello’s Extensive Raytheon Career The long-time Raytheon executive, who has been with the company for over 27 years, held various positions of increasing responsibility. He was elevat...
Lockheed Martin has received a potential $214.4 million contract from the U.S. Army to support the recapitalization of the Multiple Launch Rocket System, or MLRS, into the M270A2 configuration. The Department of Defense said Friday the Army Rapid Capabilities and Critical Technologies Office at Redstone Arsenal in Alabama is funding the cost-plus-fi...
Booz Allen Hamilton reported that its revenue for the fourth quarter and full fiscal year 2025 rose 7.3 percent and 12.4 percent year-over-year to $3 billion and $12 billion, respectively. In an earnings release published Friday, the McLean, Virginia-based IT and management consulting firm said it ended the fourth quarter with a record backlog of...
TSS Solutions has named Joshua Cryer as chief technology officer and vice president of engineering. Cryer announced the appointment in a LinkedIn post on Wednesday. Bringing nearly three decades of experience in military communications, Cryer will lead the engineering and technology innovation team at TSS Solutions, focused on developing and deliver...
The Missile Defense Agency has unveiled new details about a potential 10-year, multiple-award contract for a system capable of detecting, tracking, intercepting and neutralizing airborne threats to the United States. Called the Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, the effort has a maximum value of $151 billion, accordi...
RTX has secured a $1 billion contract from the Missile Defense Agency to deliver Standard Missile-3 Block IB All-Up Rounds. Contract Specifications The Department of Defense said Friday the non-competitive firm-fixed-price contract covers the procurement of up to 55 units SM-3 Block IB All-Up Rounds built to SM-3 Block IB specifications, includ...
Executive Mosaic CEO Jim Garrettson personally presented the 2025 Wash100 Award to Andreas Nonnenmacher, president and CEO of ARKA Group, during a recent meeting. Since its inception in 2014, the Wash100 has celebrated the most notable and impactful executives transforming the government contracting sector. Selected through a competitive review proc...
The National Geospatial-Intelligence Agency has awarded Lockheed Martin the potential seven-year, $615.7 million GEOINT Collection NeXT, or GCX, contract. NGA said Wednesday it awarded the GCX indefinite-delivery/indefinite-quantity contract concurrently with the initial task order. What Is the GEOINT Collection NeXT Contract? According to a presoli...
