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Executive Mosaic’s GovCon Index finished +2.37% higher at $4,656.07 Friday to register a second straight winning week. The index, which tracks the stock performances of 30 major government contractors, posted a +3.3% week-on-week gain overall despite three broad market selloffs during the week. It also trimmed the year-to-date loss to -3.87% f...
Maximus has appointed technology leader Duncan McCaskill as vice president of data and Ron Leidner, most recently a senior adviser at the Internal Revenue Service, as VP of client engagement at the company’s federal services business. McCaskill and Leidner announced their new roles at the McLean, Virginia-based government services contractor i...
Molly Beggy, a former executive at Accenture Federal Service, has been named vice president of proposal operations at Clarity Innovations, effective Feb. 25. The Capitol Meridian Partners portfolio company said Wednesday Beggy will help drive its growth in the Department of Defense and Intelligence Community markets. She will play a key role in ...
Shawn Purvis, a more than three-decade industry executive and a four-time Wash100 awardee, has joined Sagewind Capital-backed Sabel Systems Technology Solutions as CEO. In a LinkedIn post published Tuesday, Sabel Systems said Purvis brings to the company over 30 years of experience in digital transformation, enterprise strategy and operational excel...
Executive Mosaic’s GovCon Index claimed its first winning week in February despite closing -0.44% lower at $4,507.36 before the weekend. The index, which tracks the stock performances of 30 major government contractors, gained +0.27% week-on-week. However, the month-on-month and year-to-date losses are -7.92% and -6.83%, respectively. It was a...
Executive Mosaic’s GovCon Index fell -1.89% on Friday to settle at $4,495.05, a new low. The index, which tracks the stock performances of 30 major government contractors, lost -1.77% for the week and posted its fifth consecutive weekly loss. The decline in the Index of Consumer Sentiment due to higher inflation expectations was the headwind...
Matt Matthews has assumed the role of chief delivery officer at Client Solution Architects. The Virginia-based IT solutions provider said Wednesday that Matthews will be responsible for delivery operations and ensuring that CSA is well-positioned to address national security challenges. “Matt’s proven experience, forward-thinking v...
Parsons reported record fourth-quarter revenue of $1.7 billion, reflecting a 16 percent year-over-year growth, and noted that its full-year revenue for fiscal year 2024 jumped 24 percent to $6.8 billion, up 22 percent on an organic basis. Financial Highlights In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infra...
Alicia Combs announced on LinkedIn that she has been appointed vice president and general manager of ground training at Cubic division, Cubic Defense. The global business executive said Monday she will lead a team tasked with shaping the future of military training and readiness. In her new role, Combs will leverage her data-driven engineering min...
Iridium Communications reported fiscal 2024 fourth-quarter revenue of $213 million, up 9 percent from the prior-year period, and saw its total revenue for the full year increase 5 percent to $830.7 million. In an earnings release published Thursday, the McLean, Virginia-based satellite communications company said Q4 and full-year net income were $36...
