Federal technology services contractor Harmonia Holdings Group has acquired Maveris for an undisclosed sum to strengthen its cybersecurity capabilities and expand relationships with other government customers, including the Department of Veterans Affairs. Harmonia said Wednesday it will operate Maveris as a wholly owned subsidiary. Brian Heder and C...
RTX reported $21.6 billion in fiscal 2024 fourth-quarter sales, up 9 percent from the prior-year period, and recorded $218 billion in total backlog with the defense segment accounting for $93 billion of that backlog. For the full year 2024, the Arlington, Virginia-based aerospace and defense contractor said Tuesday it saw its adjusted sales ri...
The Wash100 Award, the longest running recognition of current and future success in the government contracting industry, has revealed its 2025 class of winners. These 100 executives are superstars in the eclectic, competitive and talented industrial base and federal sector. Together, these government officials and industry leaders usher technol...
Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior. The company said in its recent earnings release that it is expecting a modest increase in net sales in 2025. “2024 was...
Cybersecurity company BlueVoyant has appointed industry executive Michael Montoya as chief operating officer. The company said Tuesday Montoya will oversee BlueVoyant’s technology, operations and product organizations. Michael Montoya’s Career History The newly appointed COO has more than 25 years of cybersecurity and IT leadership experience. M...
Edward Steven Connell was elevated to the role of senior vice president of delivery at LinTech Global, a Dexian company, the executive announced in a LinkedIn post Tuesday. Connell most recently served as director of delivery at the Farmington Hills, Michigan-based provider of enterprise IT support, application development, financial management, cyb...
Valkyrie Enterprises, an engineering, technology and operational services company, has appointed Michael Anderson, Neil Funtanilla and Nicholas Delgado to key executive positions. The Virginia Beach, Virginia-based company said the moves align with its efforts to drive strategic growth. All three executives will directly re...
While the Potomac Officers Club’s upcoming 2025 5G Summit is set to feature a host of representatives from the Department of Defense, the event is not just a networking destination for defense contractors. One key speaker especially will bring extensive insights from his experience working to spread a spirit of innovation in the federal civil...
By Payam Pourkhomami, President & CEO of OSIbeyond The Department of Defense’s Dec. 16, 2024 final rule on the Cybersecurity Maturity Model Certification program marks a decisive shift in how defense contractors must approach cybersecurity compliance. Under the CMMC clause (DFARS 252.204-7021), contractors must meet one of three certificat...
KBR has received a new time and material, cost-reimbursable task order with a potential value of $187 million from the State Department to deliver medical support services in Iraq. Medical Support Services Iraq Task Order The Houston, Texas-based company said Monday the Medical Support Services Iraq, or MedSSI, task order, was awarded under the...
