By Chuck Brooks, president of Brooks Consulting International and one of Executive Mosaic’s GovCon Experts Artificial intelligence, or AI, is not merely a tool in our age of rapid technological advancement; rather, it is the fundamental force behind innovation in all spheres of society. Our world is changing due to AI’s capabilities, whi...
By Chuck Brooks, president of Brooks Consulting International The future of innovation in both government and industry will not be distinguished by singular breakthroughs, but rather by the convergence and meshing of a number of different new technologies. Going forward, industries, national security, economic competitiveness, privacy and almost eve...
Amphenol has finalized its $1 billion cash acquisition of Trexon from Audax Private Equity, expanding its portfolio of advanced interconnect and cable assembly products across defense and industrial markets. The company said Trexon will be integrated into Amphenol’s harsh environment solutions segment and is expected to be accretive to earnings wi...
Lockheed Martin reported $18.6 billion in fiscal 2025 third-quarter sales, up 9 percent from $17.1 billion in the same period last year, a record backlog of $179 billion and Q3 net earnings of $1.6 billion, or $6.95 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said it returned...
RTX reported $22.5 billion in fiscal 2025 third-quarter sales, up 12 percent from the prior-year period and 13 percent organically, excluding divestitures. In an earnings release published Tuesday, the Arlington, Virginia-based aerospace and defense contractor said it recorded a total backlog of $251 billion, with $103 billion attributed to its defe...
Concurrent Technologies Corp. has appointed David Partsch, a veteran technology and operations executive, as chief data and information officer, the company announced Friday via LinkedIn. Who Is David Partsch? The new CTC executive brings over 30 years of expertise driving enterprise-wide strategy, governance and innovation in both the pub...
DC Capital Partners-backed Valkyrie Enterprises has bought Optical Sciences Corp. for an undisclosed sum as part of efforts to expand its missile defense and space sensor test capabilities. Providing Hardware-In-The-Loop Test Support Across DOD Huntsville, Alabama-based OSC provides electro-optical and infrared scene projector and test systems to su...
Parsons posted $1.6 billion in fiscal year 2025 second-quarter revenue, down 5 percent from the prior-year period, and ended the quarter with a total backlog of $8.9 billion with a book-to-bill ratio of 1.1x on net bookings of $1.5 billion. In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infrastructure eng...
Peraton has named Jeremy Savoy, a seasoned technologist, as chief technology officer of XaaS. Savoy announced his appointment in a LinkedIn post shared Tuesday. Savoy’s Career Highlights Savoy previously held the position of director of Xaas strategy and solutions at both Red River and SMS Data Products Group. He was the se...
The Missile Defense Agency has awarded Lockheed Martin a $2.06 billion modification to a previously awarded contract for the production of Terminal High Altitude Area Defense interceptors. Under the contract, Lockheed‘s missiles and fire control division will build and deliver THAAD components under fixed-price incentive contract line-item numbers...
