Accenture‘s (NYSE: ACN) federal services subsidiary has secured a potential three-year, $127 million contract to help the U.S. Army modernize and migrate the service branch’s large-scale applications to the cloud. The company said Monday it will assess Army applications and build a migration and modernization approach to transition appli...
Mark Bagley, a more than two-decade cybersecurity industry executive, has joined Caveonix, a Falls Church, Virginia-based hybrid cloud security platforms provider, as chief product officer. He will oversee development strategy and innovation efforts to advance Caveonix’s growth initiatives, the company said Friday. Bagley most recently served ...
Christopher Calio officially assumed the CEO post at RTX (NYSE: RTX) on May 2, adding it to his president post and succeeding Gregory Hayes, who will continue to serve as the defense contractor’s executive chairman. In a statement published Thursday, Calio said that he underscored during the 2024 Annual Shareowners Meeting the opportunity for ...
Lockheed Martin (NYSE: LMT) has dropped its plans to buy small satellite manufacturer Terran Orbital (NYSE: LLAP) for more than $500 million, SpaceNews reported Thursday. The Bethesda, Maryland-based aerospace and defense contractor confirmed to SpaceNews that it will no longer pursue its offer to acquire Terran Orbital. “We are committed to suppo...
Lynn Martin, former vice president of go-to-market at Google Public Sector, has joined Workday to serve as group vice president leading the government sector of the Pleasanton, California-headquartered provider of enterprise cloud applications for finance and human resources. “As revealed during the earnings call in late February, our focus li...
Bcore, a platform company of NewSpring Holdings, has acquired 2 Twelve Solutions in a transaction that expands its digital transformation offerings, user-centric platforms and operational capabilities in support of clients and their national security missions. Bcore said Wednesday 2 Twelve supports service branches through its digital transformation...
Parsons (NYSE: PSN) reported record revenue of $1.5 billion during the first quarter of 2024, reflecting a year-over-year increase of 31 percent, and a record Q1 organic revenue growth of 29 percent due to the continued ramp-up on contract awards and execution on the company’s backlog programs. The Centreville, Virginia-based defense and infra...
BAE Systems has secured a $365 million contract from NASA to build an air quality monitoring instrument for the National Oceanic and Atmospheric Administration’s Geostationary Extended Observations satellite constellation. The GeoXO Atmospheric Composition instrument is a hyperspectral spectrometer that will take hourly observations of air pol...
Former military service members Roy Kitchener and David Gaedecke have been appointed senior executive advisers at Booz Allen Hamilton‘s (NYSE: BAH) global defense business. Both veterans bring decades of military experience and will provide advice to Booz Allen’s leadership team on the development and delivery of new capabilities for glo...
The U.S. Army is looking to solve some key challenges for its contractors with a new digital center of excellence and a small “cell” unit to help with software development and acquisition specifically. The service branch’s Chief Information Officer Leonel Garciga, who was appointed to his post last year, said that some of the Army’s most f...
