Thomas Bell, former CEO of Rolls-Royce’s North American subsidiary and president of its global defense business, has officially assumed responsibilities as Leidos‘ (NYSE: LDOS) new chief executive. In late February, Bell was named successor to Roger Krone, a 10-time Wash100 Award winner who took on the CEO role in July 2014 and added the cha...
The Department of Energy’s National Nuclear Security Administration has issued a solicitation for a potential seven-year, $1 billion contract to support the deployment of counter nuclear smuggling systems in cooperation with international partners worldwide. NNSA plans to make up to three awards through the Counter Nuclear Smuggling System Deploym...
Arnold Nowinski, former executive director of the launch and safety business at Axient, has been elevated to a vice president role within the same unit under Axient’s national security space segment. He will lead a team of engineers and scientists that conducts new entrant certification for launch platforms, verifies system safety at U.S. Spac...
Leidos (NYSE: LDOS) reported $3.7 in sales for the first quarter of 2023 and attributed the 6 percent revenue spike to year-over-year growth in the company’s defense, civil and health business segments. The Reston, Virginia-based company said Tuesday net income for the January-to-March period was $164 million and total backlog stood in t...
Aware (Nasdaq: AWRE) reported $4.3 million in sales for the first quarter of 2023, up 6 percent from a quarter earlier, and attributed software subscription growth to a sequential improvement in the company’s recurring revenue. The authentication software vendor said Tuesday it expects to log total revenue and annual recurring revenue growth o...
The Department of Defense’s long-awaited enterprise cloud effort finally got off the ground in December 2022, when four commercial cloud service providers landed a spot on the $9 billion Joint Warfighting Cloud Capability contract. Executive Mosaic spoke with leaders from each of the awardee companies — Amazon Web Services, Google, Microsoft and...
Bernhard Capital Partners has signed an approximately $100 million deal to acquire the federal and defense business of aftermarket services provider VSE (Nasdaq: VSEC). VSE said Monday the divestment move would allow the company to reposition itself into two businesses that offer distribution and maintenance, repair and overhaul service. BCP, a priv...
Space is at its largest inflection point in decades, and as commercial space activity continues to rise, United States government leaders are taking a page from industry’s book on how to drive more rapid innovation, especially in the face of increasing global competition. While technology and acquisition processes are typically at the center of th...
Millennium has acquired a division of Maxisiq that offers cybersecurity support services to the federal government, for an undisclosed sum. Maxisiq said Monday its Ingressive business works with customers to help them assess security vulnerabilities, run penetration tests and conduct red teaming exercises. Ryan Hill, chief financial officer of Mille...
Client Solution Architects has completed the integration of Capstone into CSA operations and introduced the company’s updated website, vision, core values and mission as part of a rebranding effort. Following its acquisition of Capstone in July 2021, CSA said Monday it started aligning its strategy and business objectives with the purchased co...
