Kingswood U.S. has launched a group of former military leaders and capital market experts focused on supporting U.S. defense and aerospace companies and driving growth and innovation in the sector. Kingswood Defense Group will be led by Jeff Thompson, a U.S. Army veteran, and help companies improve their operations, advance product development, eval...
Today, the pace of technological innovation and change is faster than ever before. In order to stay ahead of the curve, government contractors must adapt to and embrace emerging technologies quickly, effectively and responsibly. In this interview, Executive Mosaic spoke with ManTech CEO and President Matt Tait to learn more about how ManTech is res...
Summit Technology Group, a portfolio company of private investment firm Enlightenment Capital, has appointed Bill Webner, a GovCon industry executive, as CEO of its public sector business. STG said Monday Webner, a 2024 Wash100 awardee, brings decades of technology consulting and public sector management experience to the role. “Bill is a fant...
M1 Support Services has expanded its executive management team with the addition of William Kansky as chief financial officer, James Cassella as chief growth officer and Bill Purdy as a senior vice president. Kansky served as CFO of DynCorp International, now part of Amentum, and held various roles of increasing responsibility at ITT, the Denton,...
The Air Force Materiel Command is soliciting proposals for a multiple award, indefinite-delivery/indefinite-quantity contract for the Contract Field Teams labor augmentation support requirements program. According to a request for proposal posted on SAM.gov, the acquisition has a ceiling amount of $7 billion to cover all CFT LASR contracts/task orde...
A new McAleese & Associates report indicates that the House Appropriations Committee’s $833 billion defense appropriations bill includes $294.3 billion for the Department of Defense’s operations and maintenance initiatives and $165.3 billion for procurement efforts in fiscal year 2025. Jim McAleese, founder of McAleese & Associat...
Rob Dao, a more than two-decade industry veteran, was appointed vice president of U.S. federal at Austin, Texas-headquartered cybersecurity technology company CrowdStrike (Nasdaq: CRWD), according to his LinkedIn announcement. Dao previously held the same post at vArmour and then at Tanium. Prior to those stints, he served as regional vice president...
Electronics manufacturer Gresham Worldwide has agreed to merge with a subsidiary of Ault Disruptive Technologies (NYSE: ADRT), a special purpose acquisition company, to form a combined entity valued at approximately $83 million. Ault Disruptive will rebrand and operate as Gresham Worldwide and remain listed on the New York Stock Exchange under the t...
Executive Mosaic’s GovCon Index inched lower Friday but the substantial gains in three of four trading sessions averted a fourth straight weekly loss. The index, which tracks the stock performances of 30 major government contractors, advanced 1.89% week-on-week to finish higher at $4,979.17. The S&P 500 (+0.6%) and Nasdaq Composite (+0.003%) h...
The Department of the Treasury is soliciting public comments on a proposed rule to implement a 2023 executive order that seeks to prevent U.S. outbound investments from being exploited by foreign countries of concern seeking to build sensitive technology products that pose national security risks. The Treasury said Friday the EO intends to establish...
