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...
Chugach Government Solutions has hired Christopher Buffoni as senior vice president and chief financial officer. The company said Thursday that he would oversee its financial activities, support the execution of its strategic growth plans and boost its financial performance. “I have dedicated my career to supporting the brave and noble m...
Raj Jayaraman, a 30-year veteran of the federal government contracting industry, has been appointed as senior vice president of competitive intelligence, PTW and strategic pricing at ASRC Federal, the company announced on LinkedIn Monday. Who Is Rai Jayaraman? The new SVP has a proven track record of driving business growth with his deep unders...
In its 12th year, the Wash100 Award continues to be the top accolade presented to leaders in both public and private sectors in recognition of their leadership, vision, innovation, reliability and achievement. Jim Garrettson, CEO of Executive Mosaic and creator of the Wash100, invites the GovCon community to join the award’s biggest year yet b...
The promises of the second Trump administration — namely, reductions in bureaucratic redundancy and spending — have the government contracting industry sufficiently apprehensive about the prospects for funding in the year ahead, according to reporting by financial services company Raymond James. The organization has issued its monthly ...
Executive Mosaic, the Capital region’s premier government contracting events and media organization, was excited to roll out its 2025 class of Wash100 Award winners. (The list compiles the most promising and impactful executives on both the public and private sector sides of GovCon.) But the company was arguably even more ecstatic to begin it...
Todd Schroeder, an industry veteran with over 20 years of technology and leadership experience, shared on LinkedIn Saturday that he has been appointed vice president of federal government at Databricks. Who Is Todd Schroeder? Schroeder is a seasoned executive with deep understanding of technology management, information technology upstream...
Executive Mosaic’s GovCon Index started February on a losing note, ending lower Friday at $4,805.44 (-0.10%) following a fourth daily loss in five trading sessions. The week also saw breakouts of individual constituents and steep losses by defense stocks. The index, which tracks the stock performances of 30 major government contractors, lost -1.83...
Parsons has acquired environmental contractor TRS Group. The $36 million all-cash acquisition is aimed at boosting Parsons’ federal solutions and critical infrastructure segments. TRS is known for its environmental remediation technology developed for cleaning hazardous and toxic substances from soil, groundwater and fire suppression systems, ...
Booz Allen Hamilton saw its revenue increase 13.5 percent to $2.92 billion during the third quarter of fiscal year 2025 and reported $291.3 million in Q3 operating income, up 17.7 percent from the same period the previous year. Q3 Fiscal 2025 Results In an earnings release published Friday, the McLean, Virginia-based IT and management consulting...
