Lockheed Martin (NYSE: LMT) has secured a U.S. Navy contract modification worth $611.3 million to develop infrared and radar detection capabilities for the F-35 program. The Department of Defense said Friday the aerospace and defense manufacturer’s aeronautics business is tasked with providing Multi-Ship Infrared Search and Track Incremen...
Amida Technology Solutions has appointed Mark Forman as chief strategy officer. The software and technology services company said Thursday that Forman brings to the role over three decades of professional experience gained from developing and leading IT services teams in multiple private sector organizations like IBM (NYSE: IBM) and SAIC (NASDAQ: SA...
Executive Mosaic’s GovCon Index fell 2.15% at the start of the week, then posted four straight daily gains, highlighted by the 1.74% jump Thursday. The index, which tracks the stock performances of 30 major government contractors, ended slightly higher at $5,216.43 Friday but registered a 0.03% week-on-week loss overall. Wall Street had a tumultuo...
Cubic Digital Intelligence has appointed Casey Gragg, a program management professional in the government contracting sector, as chief growth officer. Gragg announced his appointment in a LinkedIn post published Friday. Before joining Cubic, he was a senior business area manager at Ball Aerospace, which is now part of BAE Systems. The newly appointe...
Peraton has appointed Amy Rall, a more than three-decade business growth and technology leader, as president of its citizen security and public services sector. In this capacity, she will oversee the sector’s growth objectives, financial and program performance and help align Peraton’s portfolio of strategic tech investments with the mission req...
Joseph Bartasius, a retired U.S. Army colonel and now a senior executive in the defense industry, has joined Data Systems Analysts as chief growth officer, according to his LinkedIn announcement on Sunday. Prior to assuming his current role at DSA, Bartasius served as senior principal for Army sector at General Dynamics (NYSE: GD). He was...
Executive Mosaic’s GovCon Index extended its winning streak to four weeks despite significant drops to start August. On Friday, the index declined 0.89% to $5,218.19 but still gained 0.70% for the week following Wednesday’s hefty 1.35% gain. Moreover, GCI outperformed Wall Street’s top three indexes for the week. The blue-chip Do...
CACI International (NYSE: CACI) has secured a $319 million task order to impart its expertise on intelligence systems to the U.S. Army. The information technology company said Wednesday it was chosen to fulfill a five-year work aimed at supporting an Army office in establishing and maintaining an advanced and on-demand environment. The pla...
Parsons (NYSE: PSN) posted a record revenue of $1.7 billion during the second quarter of 2024, reflecting a year-over-year growth of 23 percent, and ended the quarter with a total backlog of $8.8 billion with a book-to-bill ratio of 0.9x on net bookings of $1.5 billion. The Centreville, Virginia-based defense and infrastructure engineering company s...
Clear Ridge Defense, or CRD, has won a potential $113 million contract to support the cyberspace operations of various U.S. Marine Corps units. The cybersecurity consulting company said Tuesday the prime contract will cover critical cyberspace services for the Marine Corps Forces Cyberspace Command, Marine Corps Cyberspace Warfare Group, Joint Force...
