Parsons reported record revenue of $1.6 billion during the first quarter of fiscal year 2025, reflecting a 1 percent year-over-year growth, and ended the quarter with a record total backlog of $9.1 billion with a book-to-bill ratio of 1.1x on net bookings of $1.8 billion. Q1 2025 Financial Highlights In an earnings release published Wednesday,...
John Garrett, vice president of the Department of Defense and intelligence at Dell Technologies, said DOD leaders should deploy secure, resilient and reliable IT systems at the tactical edge to enable warfighters to rapidly analyze data and glean insights for fast decision-making. “From an IT perspective, the tactical edge is where the m...
Astrion announced on LinkedIn Tuesday that it has named Steve Hamric as its new chief financial officer. Who Is Steve Hamric? Hamric is a seasoned executive with over 30 years of industry experience, establishing a career focused on enhancing financial performance in aerospace, defense, manufacturing, IT and enterprise software. He held th...
Managed IT services provider OSIbeyond has received Level 2 certification under the Cybersecurity Maturity Model Certification, or CMMS, program. In a statement published Wednesday, Payam Pourkhomami, president and CEO of OSIbeyond, expressed excitement with the achievement of the CMMC Level 2 certification, which he said demonstrates the company...
General Dynamics Ordnance and Tactical Systems has secured a $727.8 million contract from the U.S. Army for the procurement of 120mm Insensitive Munition High Explosive with Tracer tank ammunition cartridges. Contract Details The Department of Defense said Monday the U.S. Army Corps of Engineers in Newark, New Jersey, is the contracting activit...
The U.S. Navy has awarded V2X a contract valued at $103 million to provide logistic support for the C-26 military aircraft. The company said in a press release published Monday that the award covers aircraft engineering, upgrades, modifications and maintenance. Contract Details Work on the contract is expected to begin in June. According to V2...
Palo Alto Networks has agreed to acquire Protect AI for an undisclosed sum to expand its capabilities to help government agencies and enterprises protect their ecosystems of artificial intelligence models, agents and related tools from security risks. Palo Alto Networks said Monday it expects the transaction to close by the first quarter of its fisc...
Ashley Manning, principal deputy assistant secretary of defense for cyber policy at the Department of Defense, has emerged as a transformative leader in the realm of cybersecurity. With a decorated career spanning high-profile roles across international strategy, legislative policy and cyber defense, Manning is reshaping the intersection of defense ...
Nava has appointed Samantha Kwok and Marvin McLain as vice president of engineering and VP of program delivery for the federal health portfolio, respectively. As the VP of engineering, Kwok will spearhead the engineering organization’s growth through effective execution of delivery and the cultivation of technical excellence, innovat...
Northrop Grumman has appointed industry executives Jeremy Knupp and Ed Griebel as vice president of global command and control solutions and VP of mission enabling products, respectively. Knupp and Griebel announced their new roles in separate LinkedIn posts. Jeremy Knupp’s Career Background According to his LinkedIn profile, Knupp has been wi...
