L3Harris Technologies (NYSE: LHX) reported double-digit revenue growth in the fourth quarter and full-year 2023 and gave financial guidance for 2024, including revenue growth, free cash flow and dividend payout. “We delivered on our 2023 financial commitments and reported record backlog of $33 billion,” Christopher Kubasik, chair and CEO...
BAE Systems will manufacture and deliver additional self-propelled howitzers and carrier ammunition-tracked vehicles to the U.S. Army under a $418 million contract. The company said the order brings the total value of a previously awarded contract for M109A7 howitzers and M992A3 CAT platforms to $2.5 billion and extends vehicle deliveries through 20...
By Kim Koster, VP of Industry Marketing at Unanet Fall is when many government contracting companies devise an annual operating plan, or AOP. It’s when you strategically plan for the year ahead, assessing where your business stands and plotting a course forward. Of course, circumstances often change those plans, requiring adjustments. &nb...
Executive Mosaic is pleased to introduce John Mengucci, president and CEO of CACI International, as a 2024 Wash100 Award recipient for his leadership in advancing strategic growth through major contract wins and pushing innovation in support of warfighters. Vote for Mengucci as your favorite GovCon leader as part of the 2024 Wash100 popular vote co...
The Government Accountability Office is responsible for yearly financial sweeps of all federal agencies. In July 2023, GAO appeared in front of Congress to attest that the Department of Defense needs to put processes in place to receive better results in these annual audits. As of now, the DOD is the only major federal agency...
Under Secretary of Defense for Research and Engineering Heidi Shyu has secured her fourth Wash100 Award from Executive Mosaic for driving innovation through greater government-industry-academia collaboration in emerging and critical defense technology development. Shyu, who will keynote the Potomac Officers Club’s 10th Annual Defense R&D Summi...
Option3, a cybersecurity private equity firm, has agreed to acquire Onclave Networks through its newly created platform company focused on delivering zero trust capabilities and professional consulting services to federal government customers. "Onclave is the first of a series of planned acquisitions already underway, that we expect will exceed...
The board of directors of Alteryx (NYSE: AYX) has chosen its chief financial officer Kevin Rubin as interim successor of former CEO Mark Anderson. Rubin will serve both roles amid Alteryx's transition into a private enterprise, which came on the heels of its acquisition by Clearlake Capital Group and Insight Partners....
In 2021, President Biden issued an Executive Order calling on agencies to elevate the experience of individuals using government services. Since then, federal organizations have heightened their focus on the customer experience, or CX, for both the public and internal employees. During a panel discussion at the Potomac Officers Club’s The CX Imp...
The Department of Defense is perpetually concerned with how to best diffuse and counteract missile threats from near-peer adversaries. Hence, systems like the U.S. Army’s Indirect Fire Protection Capability, or IFPC. This deterrence mechanism is meant to dispose of incoming cruise missiles and drones and protect fixed and semi-fixed targets from ...
