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K. Ryan Jenkins was appointed executive director for business development at J&J Worldwide Services, a CBRE government and defense business. He brings extensive experience in base operational support, logistics and program management, having led large-scale defense operations in various locations globally. According to Jenkins’ LinkedIn pr...
Northrop Grumman reports having generated $10.68 billion in sales for the fourth quarter of 2024 and $41.03 billion in total sales for the whole year. The company said Thursday the figures reflected strong, continuing demand for its services and products. Sales Totals and Sales Drivers The sales total for the fourth quarter of 2024 is...
Horacio Rozanski, president and CEO of Booz Allen Hamilton and a three-time Wash100 awardee, stressed the need for speed and that the U.S. “cannot afford to be second” to China in the field of artificial intelligence. Rozanski’s Insights on DeepSeek When asked about DeepSeek, Rozanski said on Monday during CNBC’s “Closing Bell Over...
While Guidehouse has been acquired twice since emerging from the public sector segment of PwC in 2018, CEO Scott McIntyre tells us that there were three key things in common between Veritas Capital and Bain Capital, the two purchasers. The Wash100 Award winner spoke to Executive Mosaic late last year in a video interview with Senior Conten...
Spirit AeroSystems shareholders approved the potential sale of the Wichita, Kansas-headquartered aerospace company to Boeing. In a statement published Friday, Spirit Chief Financial Officer Irene Esteves said, “Our shareholder’s resounding approval today represents an important milestone in our carefully planned merger with Boeing. As we...
The State Department has approved Japan’s foreign military sales request to procure Standard Missile 6 Block I Missiles and related equipment worth an estimated $900 million. The Defense Security Cooperation Agency said Friday RTX will be the principal contractor of the proposed sale. Details of Potential SM-6 Block I Missile Contract Und...
The GovCon Index snapped its six-day losing streak Thursday, then advanced +0.28% to $4,895.06 before the weekend. Unfortunately, the two consecutive daily gains did not offset the three losses to start the week, including the sharp -2.77% drop on Tuesday. The index, which tracks the stock performances of 30 major government contractors, lost -2.42%...
DSA has undergone an organizational restructuring to better support customers and target markets. Kathleen Kirk, chief operations officer of the Trevose, Pennsylvania-based IT services company, said the changes will enhance DSA’s operational excellence and growth. DSA Introduces New Business Units Part of the changes at DSA is the introd...
Jonathan Peppard, an industry veteran with 27 years of experience in capture management, program management and business development, has been appointed vice president of strategic capture at Akima. The information technology company said Thursday Peppard will oversee its expansion by leading efforts to capture new opportunities within the federal ...
General Dynamics reported double-digit revenue and profit growth in the fourth quarter of 2024 compared to Q4 2023 and ended the year with a $90.6 billion in backlog plus an estimated additional value in unfunded indefinite delivery, indefinite quantity contracts and unexercised options, of $53.4 billion. The company said Wednesday in the three mont...
