The Professional Services Council has elected DLH President and CEO Zachary Parker, Amentum CEO John Heller and CGI Federal President Stephanie Mango as its board officers for 2025. PSC said Thursday Parker and Heller will continue to serve as the council’s board chair and vice chair, respectively, while Mango will continue as secretary. In ...
SOS International has promoted Mike Franz, most recently senior vice president for corporate operations, to chief operating officer and appointed business leaders Beth Caldera and Wendy Mills as vice president of contracts and procurement and VP of security, respectively. “Mike, Wendy, and Beth exemplify the exceptional talent that drives SOSi’s...
The Department of Defense’s budget for fiscal year 2024 was $824.3 billion, a sizable amount of which was devoted to acquisition and procurement from the industrial base. Thousands or perhaps even hundreds of thousands of companies, from two-person startups to multi-billion dollar enterprises in their own right vied for these contracts, which cove...
Federal consulting firm Markon has acquired JY Systems for an undisclosed sum as part of efforts to expand its software, systems and cyber engineering capabilities in support of government cybersecurity and signals intelligence missions. Markon said Friday it will operate the Maryland-based IT and cybersecurity services provider as an independent su...
On the heels of the 2024 presidential election, the GovCon market is bracing for major change and transformation. Looking ahead to 2025, much is still in the air for the public sector, but there are still clear emerging themes and momentum in the market. Baird Managing Director Jean Stack, a Wash100 Award winner, dove into these market...
Herndon, Virginia-based ManTech has expanded its intelligence sector with the appointment of industry executives Gavin Greene and Joseph Schneider as vice president of business development and VP of program operations, respectively. In a statement published Monday, Barbara Haines-Parmele, president of ManTech’s intelligence sector, said Greene and...
Executive Mosaic’s GovCon Index registered its largest single-day loss this week and a massive 9.31% weekly loss. Besides the 6.2% plunge Thursday, the substantial gains (+4.7%) from the previous record-setting week were gone. The index, which tracks the stock performances of 30 major government contractors, closed 1.78% lower at $5,160.07 Fri...
The U.S. Space Force has awarded 12 companies positions on a potential 10-year, $2.5 billion contract to provide advisory and assistance services for Space Systems Command. The Department of Defense said Wednesday the Hemisphere program is a multiple-award, indefinite-delivery/indefinite-quantity contract that seeks to support SSC’s Space Doma...
Executive Mosaic’s GovCon Index ticked 0.23% higher to $5,491.84 Friday, its only gain in five trading sessions. The index, which tracks the stock performances of 30 major government contractors, lost 2.24% week-on-week for its first losing week since the week ending Sept. 13. As of Oct. 25, 2024, the GovCon Index is up 17.64% year-to-date....
“Inside Cyber: How AI, 5G, and Quantum Computing Will Transform Privacy and Our Security” by Chuck Brooks is a must-read for anyone who wants to understand and take advantage of the next wave of technological progress. Brooks is a well-known executive and adviser who breaks down complicated technological trends into easy-to-understand insights....
