Booz Allen Hamilton saw its revenue increase 13.5 percent to $2.92 billion during the third quarter of fiscal year 2025 and reported $291.3 million in Q3 operating income, up 17.7 percent from the same period the previous year. Q3 Fiscal 2025 Results In an earnings release published Friday, the McLean, Virginia-based IT and management consulting...
As director of the 5G Cross-Functional Team at the Department of Defense’s Office of the Chief Information Officer, Juan Ramírez has deep involvement in how the Pentagon is installing and platforming 5G networks as the basis of its communications. In his two years in the role, Ramírez has architected a clear plan forward for integrating...
Christopher Calio, president and CEO of RTX, has been elected as the aerospace and defense company’s chairman of the board of directors. The Arlington, Virginia-based contractor said Monday Calio’s appointment will take effect on April 30. He will succeed Gregory Hayes, who will step down from his post as executive chairma...
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%...
