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Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services companies. The monthly update released by the firm’s aerospace, defense and government services team shows the enterprise and equity values, share performances and operating metrics of several U.S...
Executive Mosaic’s GovCon Index ended slightly higher on Friday at $4,830.86 (+0.05%), although it still lost -0.73% for the week. The index, which tracks the stock performances of 30 major government contractors, is off to a rough start in 2025 and is down -0.14% year-to-date. Wall Street reopened after the Day of Mourning, but the...
IBM has appointed Jen Shreckhise, a nearly two-decade company veteran, as vice president and data and artificial intelligence platform leader for U.S. federal. Shreckhise shared her new position in a LinkedIn post published Friday. Jen Shreckhise’s Career Background She most recently served as VP of U.S. federal civilian technology sales at th...
Much commotion was made online and in the media over the holiday season regarding reported sightings of unmanned aircraft in the U.S. airspace. In particular, a number of testimonies came from citizens in New Jersey spotting drones in the skies near Picatinny Arsenal and Naval Weapons Station Earle. In news conferences, the Department of Defens...
Anduril Industries has acquired Numerica’s radar and command and control businesses for an undisclosed sum to expand its portfolio of mission systems and air and missile defense capabilities. The California-based defense technology company said Thursday the acquisition provides it with access to the Numerica team’s expertise in sci...
Marc Vandeveer was elevated to the role of chief technology officer for digital at ManTech Digital Transformation Consulting, or DTD, where he previously worked as technical director for digital transformation. The executive announced his move via a LinkedIn post published Tuesday. Marc Vandeveer’s Career According to his profile on the busine...
Emergency management company IEM International has announced several leadership appointments to drive growth and innovation and improve service delivery. John Schlegel’s Appointment as CFO IEM said Thursday John Schlegel, interim chief financial officer, has been officially named CFO. As interim CFO, Schlegel has been key in strengthening the ...
The Department of Defense’s fiscal year 2025 budget request offers significant insights for government contractors seeking to align with the department’s priorities. With $143.2 billion allocated to research, development, test and evaluation, this budget emphasizes innovation, modernization and technological advancements aimed at strengtheni...
Ian Canning was appointed president and CEO of Eutelsat America Corp. and OneWeb Technologies, which operate as a wholly owned independent U.S. proxy company and subsidiary of Eutelsat Group. EACOWT said Wednesday Canning previously worked as the company’s chief operating officer and acting CEO, and his appointment took effect Dec. 20. As CEO,...
Workforce services provider System One has acquired the three-unit Tech USA Companies to support its focus on providing comprehensive staffing services to critical infrastructure, technology, life sciences and government sectors. The acquisition, the terms of which were not disclosed, is bringing in Tech USA client portfolio, System One said. ...
