Executive Mosaic’s ninth annual Wash100 award selection was officially announced Wednesday to recognize 100 leaders from the worlds of government, industry and academia who have made noteworthy contributions to their organizations and the government contracting sector. The Wash100 is the premier class of business executives, agency officials a...
Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, has announced the winners of the 2022 Wash100 Award, the most prestigious and coveted award in all of GovCon to recognize the 100 executives who will impact the sector in the coming year. The 2022 Was...
Shawn Purvis, a more than 25-year defense and intelligence industry veteran and a 2021 Wash100 Award winner, will assume the dual role of president and CEO at QinetiQ Group’s U.S. arm on Feb. 16. She will oversee the operations of QinetiQ US and help the company pursue growth as a provider of defense and security...
Naval Air Systems Command awarded Pratt and Whitney‘s military engines business a $145.3 million contract modification to procure depot support equipment and supplies for the F-35 program. NAVAIR exercised options on a previously awarded contract to the Raytheon Technologies subsidiary supporting fighter aircraft sustainment work for both dome...
Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII) and a previous Wash100 awardee, has been appointed chairman of the Aerospace Industries Association’s board of governors for 2022. He will also serve on the association’s executive committee along with Spirit AeroSystems President and CEO Tom Gentile, who is set...
Christie Thomas, vice president of contracts and pricing at Huntington Ingalls Industries’ (NYSE: HII) Newport News Shipbuilding division since 2018, has been appointed to serve as corporate vice president of investor relations starting Jan. 1. She will succeed Dwayne Blake, who will retire at the start of 2022 after nine years in the job, the...
A new McAleese & Associates report says major defense prime contractors recorded a 4 percent to 6 percent increase in sector profit during the third quarter of 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q3 financial performance of Boeing (NYSE: BA), General Dynamics (NYS...
Eight companies have received contract modifications worth $2.4 billion combined to provide prototype development, sustainment and production support services to the Department of the Air Force. Work will occur in New Jersey, California, Virginia, Utah, Pennsylvania and Iowa through Jan. 9, 2028, the Department of Defense said Wednesday. The modific...
Rocket Lab USA (Nasdaq: RKLB) has agreed to acquire Planetary Systems Corp. in a cash-and-stock transaction to further build up its space systems business and end-to-end offerings across launch and space hardware markets. Rocket Lab said Monday it agreed to pay $42 million in cash and 1,720,841 in shares of common stock to buy PSC...
A proposed $1.75 trillion social safety net spending and climate change bill known as the Build Back Better Act includes language that would require a 1 percent tax on stock repurchases, a provision that could have a potential impact on defense companies, Defense One reported Friday. The Build Back Better framework seeks to “stop large,...
