Riverbed Technology has named Michael Croll, an enterprise IT go-to-market executive, as senior vice president of the U.S. federal market. Croll announced his move to the San Francisco-based IT company in a LinkedIn post published Monday. He brings to Riverbed over 25 years of experience developing and implementing go-to-market strategies in data ce...
Executive Mosaic’s GovCon Index started February on a losing note, ending lower Friday at $4,805.44 (-0.10%) following a fourth daily loss in five trading sessions. The week also saw breakouts of individual constituents and steep losses by defense stocks. The index, which tracks the stock performances of 30 major government contractors, lost -1.83...
HII reported $3 billion in fourth-quarter revenues for fiscal 2024 and saw its full-year revenue increase 0.7 percent to $11.5 billion. In an earnings release published Thursday, the military shipbuilding company logged $12.1 billion in new contract awards and ended the year with a total backlog of approximately $48.7 billion. HII recorded quarterly...
Honeywell has announced plans to separate its automation and aerospace technologies businesses into two standalone public entities as the multinational conglomerate continues to simplify its operating structure and optimize its portfolio to drive growth. The move came four months after Honeywell announced plans to spin off its advanced material...
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...
