Kenneth Hofgesang Jr., a more than 20-year industry veteran, has been appointed vice president of health at RELI Group. The Baltimore, Maryland-based business conglomerate said Hofgesang’s appointment became official Wednesday. In his new role, the executive will leverage his extensive experience in account and project management, busine...
CoreStack has acquired Virginia-based GovCon company Karthik Consulting to support its expansion efforts in the federal sector and cloud-native application protection platform, or CNAPP, market. Bellevue, Washington-based CoreStack said Wednesday the transaction will enable it to harness the consulting firm’s software factory capabilities to advan...
Maximus saw its full fiscal year 2024 revenue rise 8.2 percent to $5.31 billion and reported $1.3 billion in fourth-quarter revenue, a 4.4 percent increase from the prior-year period. In an earnings release published Wednesday, the Tysons, Virginia-based government services contractor said quarterly and full FY 2024 results were driven by volume gro...
AeroVironment has agreed to acquire BlueHalo for approximately $4.1 billion in an all-stock transaction to establish a diversified defense technology company with a portfolio of capabilities, including uncrewed platforms, space technologies, short- and long-range loitering munitions, cyber and electronic warfare systems. In a joint release published...
As artificial intelligence gains more traction across the federal landscape, government officials are finding that AI technologies have the power to dramatically transform and augment the workforce. However, federal leaders warn that we must be equally focused on the benefits and threats unlocked by AI. Will AI Replace Humans? Across the board, gove...
Bernie Boucher has been appointed senior vice president for business development at Boston Government Services, the executive shared on LinkedIn Monday. Before joining BGS, Boucher was with CACI International as VP of business development for the business and IT sector. In this role, he supervised the growth of the company with a focu...
Enlightenment Capital has raised $825 million in total capital commitments for its fifth fund, allowing it to further advance its strategy of investing in companies supporting critical defense and government missions. The Washington, D.C. area-based private investment firm said Tuesday that the oversubscribed Enlightenment Capital Solutions Fund V c...
Constellis has named Chief Information Officer Jay Sipper to the executive management team. In a statement published Tuesday, Constellis CEO Terry Ryan said Sipper, as an EMT member, will help improve the company’s cybersecurity posture, launch technologies that drive sustained growth and advance digital transformation efforts aligned with org...
Fresh off nearly a decade at Capgemini Government Solutions, Wash100 Award winner Bill Webner joined Summit Technology Consulting Group in June. However, that venture has, with Webner’s help, now rebranded, transforming into the new Allocore. We were excited to catch up with this accomplished executive to learn about the new company, what it ...
The National Institutes of Health is responsible for the critical task of keeping the nation healthy and well, so it’s no wonder the agency has a substantial budget. With ambitious goals and significant funding allocations, NIH plans to transform the healthcare landscape. Keep reading for a deep dive into NIH’s FY25 budget and a look...
