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...
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...
