NVIDIA (Nasdaq: NVDA) reported a 126 percent growth in full-year revenue to $60.9 billion for fiscal 2024 that ended January 28, while its quarterly revenue hit $22.1 billion, a 22 percent jump from the third quarter. “Accelerated computing and generative AI have hit the tipping point,” Jensen Huang, founder and CEO of NVIDIA, said in...
Executive Mosaic is pleased to announce Stacey Dixon, principal deputy director of national intelligence, as an inductee into the 2024 edition of the Wash100 Award, the most prestigious recognition in the government contracting industry, for her contributions to achieving information advantage across the intelligence community. Vote for Dixon as y...
SpaceX has developed into a major contractor supporting U.S. military and intelligence agencies, demonstrating the need of national security organizations for commercial partners that could quickly develop and launch classified satellites. The Elon Musk-founded rocket company received a potential $1.8 billion classified contract from the U.S. govern...
KBR (NYSE: KBR) presented strong fourth quarter and full year 2023 results. In Q4 and full year, revenue increased 7.6 percent and 6 percent year-over-year to $1.73 billion and $6.95 billion. Besides reporting solid results, the provider of science, technology and engineering products and services to governments and industry clients shared its finan...
High Point Aerotechnologies, a portfolio company of private investment firm Highlander Partners, has acquired Flex Force Enterprises for an undisclosed amount as part of a push to expand its portfolio of counter-unmanned aircraft systems and broaden its footprint in the drone security market. Portland, Oregon-based Flex Force is the maker of the Dro...
Robin Braun, a technology executive with over two decades of industry experience, has been named vice president of artificial intelligence and data strategy at Government Acquisitions, Inc. She will lead the development and delivery of advanced AI and data analytics technologies tailored to government customers’ mission requirements and help d...
Accenture Federal Services CEO John Goodman is being honored by Executive Mosaic for the seventh time with the 2024 Wash100 Award for his leadership of the company’s initiatives to help government agencies strengthen their information security infrastructure. Vote for Goodman as your favorite GovCon leader as part of the 2024 Wash100 popular vote ...
BAE Systems has completed its purchase of Ball‘s (NYSE: BALL) aerospace business for approximately $5.5 billion. In August, BAE agreed to buy Ball Aerospace as part of the U.K.-based defense contractor’s efforts to accelerate its space market strategy and expand its technology offerings for the U.S. government. The completion of the deal...
By Kevin Plexico, Senior Vice President of Information Solutions at Deltek The government contracting market is a challenging and competitive space. With U.S. elections, evolving policies and funding uncertainty, 2024 will be especially competitive. To succeed, companies need a strategic approach that anticipates key trends and positions them to bea...
Randy Kempton, a 16-year veteran of Raytheon now RTX (NYSE: RTX), has been named vice president of operations and supply chain for land and air defense systems at the defense contractor. He announced his new post at Raytheon on LinkedIn and shared that he will work with colleagues, stakeholders and industry partners to navigate the...
