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A new McAleese & Associates report estimates most defense prime contractors recorded a 3 percent growth in sales during the first quarter of 2023, indicating that labor availability is improving and supply chain deliveries are starting to stabilize. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an an...

Artificial Intelligence (AI) is one of the biggest trends in the world today, from generative AI to sophisticated cybersecurity, with a promise to transform the industry and society. While 84% of chief executives recognize AI’s importance in achieving their growth objective, most organizations are lagging behind the curve regarding AI and machine ...

Five small businesses have secured positions on a $947 million contract to provide life cycle acquisition management, strategic financial and business management support services to the National Geospatial-Intelligence Agency. Credence Dynamo Solutions, Compass, Exacta Solutions, Innovate Now and Logic Gate will compete for eight individual task ord...

Software factories are a central component of the Department of Defense’s enterprise-wide software modernization effort, and today, they’re growing slowly but surely across the defense landscape. But there’s still much to be accomplished in building out a full-fledged software factory ecosystem. DOD Chief Software Officer Rob Vietmeyer sa...

Alicia Calef, a two-decade veteran of Raytheon Technologies (NYSE: RTX), has joined Parsons (NYSE: PSN) to serve as senior vice president of operations for engineered systems. In a LinkedIn post, Calef said she will work with the business president and sector leaders to advance growth initiatives. She will lead strategic and tactical operations to m...

Chuck Hicks, a finance and business leader in the GovCon industry, has been named chief financial officer of Thomson Reuters Special Services, GovCon Wire has learned. He brings to the position over 25 years of experience overseeing financial and business operations, mergers and acquisitions, strategic partnerships and integration initiatives for se...

General Dynamics‘ (NYSE: GD) information technology unit has won a $137.9 million contract to modernize a personal area network system of systems for the U.S. Air Force and foreign military sales customers. The GDIT business will support Special Warfare Assault Kit technology refresh, tactical air control party modernization and Guardian Angel...