The GovCon Index snapped its six-day losing streak Thursday, then advanced +0.28% to $4,895.06 before the weekend. Unfortunately, the two consecutive daily gains did not offset the three losses to start the week, including the sharp -2.77% drop on Tuesday. The index, which tracks the stock performances of 30 major government contractors, lost -2.42%...
Jonathan Peppard, an industry veteran with 27 years of experience in capture management, program management and business development, has been appointed vice president of strategic capture at Akima. The information technology company said Thursday Peppard will oversee its expansion by leading efforts to capture new opportunities within the federal ...
The Department of Defense continues to pursue technological innovation to maintain a competitive edge in an evolving landscape. Integrating edge computing, artificial intelligence and advanced 5G networks into tactical operations represents a strategic move toward enhancing operational capabilities. These advancements aim to enable real-time decisi...
Leidos has named Milton Yang as vice president and defense systems programs director and Sean Egger as vice president of growth for the civil solutions business, the executives announced in separate LinkedIn posts Wednesday. Milton Yang’s Career History Yang has been with Leidos for nearly a decade, having joined the Reston, Virginia-based com...
Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services companies. The monthly update released by the firm’s aerospace, defense and government services team shows the enterprise and equity values, share performances and operating metrics of several U.S...
Melanie Heitkamp was elected by the board of directors of Northrop Grumman to serve as corporate vice president and chief human resources officer, effective Feb. 3. The Falls Church, Virginia-based contractor said Monday Heitkamp will have oversight of the HR organization of Northrop and will report to Kathy Warden, chair, CEO and president of the...
Paul Dillahay, a five-time Wash100 Award winner, has been named CEO of Lentech while Stefany Herbert has been elevated from vice president of corporate operations to chief financial officer, as part of a series of leadership team changes that took effect Jan. 1. The information technology, engineering and technical services provi...
Leonardo DRS has appointed industry veteran Bill Guyan as senior vice president of business development and president, international. Guyan announced his new position in a LinkedIn post published Wednesday. He brings to the role over two decades of industry experience in business strategy and management. Bill Guyan’s C...
The State Department has approved Egypt’s three foreign military sales requests worth approximately $5.3 billion combined for Abrams tank refurbishment, Hellfire AGM-114R missiles, Advanced Precision Kill Weapon Systems, or APKWS, and related equipment and support services. The Defense Security Cooperation Agency said Friday it has already not...
Northrop Grumman has won a U.S. Navy contract worth approximately $3.5 billion to provide mission-systems integration support for E-130J, the service branch’s new nuclear command, control and communications aircraft. The Navy said Wednesday E-130J will replace the E-6B Mercury aircraft in performing the take charge and move out, or TACAMO, mission...
