Amentum posted $8.4 billion in generally accepted accounting principles, or GAAP, revenues for fiscal year 2024 and reported $13.9 billion in FY 2024 pro forma revenues, reflecting a 4 percent year-over-year increase associated with new contract awards and growth on existing programs. In an earnings release published Monday, the Chantilly, Virginia-...
Michael Baker International has appointed industry veteran Tricia Quinn as vice president of aerospace and healthcare sectors. The Pittsburgh-based engineering and consulting services provider said Wednesday Quinn will strengthen the company’s engagement with federal, state and local government agencies, health systems and industry partners and ex...
Kenneth Traub, a 30-year industry veteran, has been unanimously elected executive chairman of the board of directors of Comtech Telecommunications. The global technology company said Traub, who also serves as senior executive of Comtech, will bring extensive experience in driving strategic, financial, operational and governance improvement...
Gwen Clavon has been named senior vice president of data security and analytics at Amentum, the executive announced on LinkedIn Monday. As Amentum SVP, Clavon will supervise a team of analysts, developers and engineers tasked with protecting strategic partners by utilizing machine learning, big data analytics and other emerging technologie...
Teledyne Technologies has agreed to buy select aerospace and defense electronics businesses of Excelitas Technologies for approximately $710 million in cash as part of efforts to expand its tech offerings. According to a joint release published Wednesday, both parties expect the transaction to close in early 2025, subject to regulatory approvals and...
West Valley Cleanup Alliance, a recently established limited liability company, has secured a potential $3 billion indefinite-delivery/indefinite-quantity contract from the Department of Energy’s Office of Environmental Management to perform cleanup operations at the West Valley Demonstration Project site in western New York. The EM said Thur...
Advanced engineering and technology company Amentum over the last year merged with two Jacobs businesses to form what Raymond James Equity Capital Markets Managing Director Brian Gesuale calls the “biggest solutions provider in this space, if you look at scale against all the peers in the public markets.” This dominance is achi...
The U.S. Army awarded five companies spots on a $249 million contract for professional architect-engineer services. The Department of Defense said Monday the contractors will compete for orders of the seven-year, firm-fixed-price contract. The following companies were awarded positions on the contract: AECOM Technical Services Arcadis CDM Feder...
The Department of Homeland Security is spending billions on contracts. According to a Deltek report, DHS agencies invested over $1 billion into contract awards in 2023, and by the end of fiscal year 2024, the department’s contract obligations are expected to hit up to $12 billion — over 11 percent of its $103.2 billion budget. Get...
Amentum has announced the members of its board of directors, which is set to take effect upon the completion of the engineering and technology platforms provider’s merger with Jacobs’ critical mission solutions and cyber and intelligence businesses. The Chantilly, Virginia-based company said Steve Demetriou, former CEO of Jacobs, i...
