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BAE Systems has completed its purchase of Ball‘s (NYSE: BALL) aerospace business for approximately $5.5 billion. In August, BAE agreed to buy Ball Aerospace as part of the U.K.-based defense contractor’s efforts to accelerate its space market strategy and expand its technology offerings for the U.S. government. The completion of the deal...
By Kevin Plexico, Senior Vice President of Information Solutions at Deltek The government contracting market is a challenging and competitive space. With U.S. elections, evolving policies and funding uncertainty, 2024 will be especially competitive. To succeed, companies need a strategic approach that anticipates key trends and positions them to bea...
The U.S. Army awarded Leidos (NYSE: LDOS) a potential six-year, $249 million follow-on contract to support the Automated Installation Entry Next procurement project. The Department of Defense said Friday the company will support deployment of AIE technologies including commercial off-the-shelf products in the service branch’s installations in ...
GlobalFoundries (Nasdaq: GFS) will receive a potential $1.5 billion investment from the Department of Commerce through the CHIPS and Science Act to build and expand new manufacturing capabilities to produce more semiconductor chips for automotive, defense, aerospace, artificial intelligence, internet of things and other applications. The company sai...
Sol Horwitz, a more than three-decade finance operations and accounting professional, has joined Catonsville, Maryland-based information technology services contractor RELI Group as chief financial officer. He brings to the role his expertise in federal government contracting and pricing and decades of experience in business development and operatio...
Executive Mosaic is thrilled to include Matt Desch, CEO of Iridium Communications, in the 2024 roster of Wash100 Award recipients in recognition of his exemplary leadership of the McLean, Virginia-based satellite communications company and his commitment to innovation. Vote for Desch as your favorite GovCon leader as part of the 2024 Wash100 popu...
Iridium Communications (Nasdaq: IRDM) saw its engineering and support revenue increase 74 percent to $31.1 million during the fourth quarter of 2023, driven by a rise in U.S. government activity, and posted a record total revenue of $790.7 million for the full year, up 10 percent from the prior-year period. The McLean, Virginia-based satellite commu...
Leidos (NYSE: LDOS) was awarded a $143 million task order to support the Defense Intelligence Agency’s Open Source Intelligence Integration Center. The company announced Thursday that it was chosen for the design and implementation of the center’s Tasking, Collection, Processing, Exploitation and Dissemination system. The indefinite-delivery...
Perdigita, a service-disabled, veteran-owned small business and a joint venture of ANALYGENCE and Client Solution Architects, has secured a potential five-year, $80 million contract from the U.S. Air Force’s Air Combat Command and 16th Air Force for cyber test and range engineering support services. The Air Force Cyber Operational Test Evaluat...
Executive Mosaic is honored to recognize Mark Serway, president and CEO of Hitachi Vantara Federal, as one of the 2024 Wash100 Award recipients for driving company growth through executive appointments and delivery of mission-centric data offerings to federal government customers. Vote for Serway as one of your favorite awardees at Wash100.com. ...
