Saalex has acquired Greenfield Engineering as part of efforts to expand its software development capabilities and services for the U.S. Navy and other Department of Defense customers. “The acquisition of Greenfield Engineering demonstrates the Saalex Corporation commitment to supporting the warfighter and growing our software development capab...
Bill Monet, president and CEO of Akima, has accepted the 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson. The Akima executive was recognized with his sixth straight Wash100 Award for his relentless drive to grow the company and significant contributions to shaping the government contracting industry. His latest honor highl...
TransDigm Group has agreed to acquire Simmonds Precision Products from defense contractor RTX for approximately $765 million in cash. TransDigm said the transaction is subject to U.S. regulatory approvals and other customary closing conditions and is expected to be financed through existing cash on hand. Kevin Stein, president and CEO of TransDigm, ...
Mac Curtis, former chairman of the board at Cubic and a current board member at Blue Delta Capital Partners and MetroStar, has received his 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson. The former Cubic executive has been honored with the prestigious Wash100 Award nine times since 2015. Curtis was also presented with the Lifetime Ac...
Booz Allen Hamilton reported that its revenue for the fourth quarter and full fiscal year 2025 rose 7.3 percent and 12.4 percent year-over-year to $3 billion and $12 billion, respectively. In an earnings release published Friday, the McLean, Virginia-based IT and management consulting firm said it ended the fourth quarter with a record backlog of...
Kevin Gunde has assumed new responsibilities as senior vice president and head of engineering at Applied Energetics. Chris Donaghey, CEO of the advanced optical technologies and pulsed laser systems development company, in a statement posted Monday welcomed Gunde to the executive leadership team. “Kevin’s decades of experience and e...
By Chuck Brooks, President of Brooks Consulting International In recent years, cyber attacks on the nation’s critical infrastructure have been relentless. In 2025, that pattern unfortunately continues as emerging technologies such as artificial intelligence are being adapted in the attacker tool chests. Due to the participatory, open and ...
Leidos posted $4.2 billion in fiscal year 2025 first-quarter revenue, reflecting a 7 percent year-over-year increase, and attributed the revenue growth to increased demand across all customer segments. Q1 2025 Financial Highlights In an earnings release published Tuesday, the defense and IT services contractor said it ended the quarter with a total ...
Lockheed Martin recorded a 4 percent year-over-year increase in fiscal 2025 first-quarter sales to $18 billion, a total backlog of $173 billion and Q1 net earnings of $1.7 billion, or $7.28 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said its cash from operations was $1.4 billion...
Tony Encinias, formerly of Atos, shared on LinkedIn Tuesday that he has been appointed chief technology officer for government services at Peraton. Career Highlights The seasoned executive most recently served as CTO for public sector and defense in North America at Atos. He was also the chief strategy and innovation officer for the s...
