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Executive Mosaic CEO Jim Garrettson presented Roger Krone, former CEO and chairman of Leidos, with his 2023 Wash100 Award during a recent visit to Leidos offices on Krone’s last day as the head of the company. In the Wash100 Award’s ten-year history, Krone is the only executive who has landed a spot on the list every single year,...
An annual Deltek study has found that 49 percent of government contractors reported rising government revenue in 2022 and more than 50 percent said they expect to see increasing sales in 2023 amid inflation, ongoing supply chain issues and other market challenges. Deltek said Wednesday it surveyed more than 700 GovCon leaders for the 2023...
V2X (NYSE: VVX) reported $943.5 million in revenue during the first quarter of 2023, reflecting a year-over-year increase of 12 percent on a pro forma basis. The company said Tuesday it ended the quarter with a total backlog of $11.8 billion, of which $2.6 billion was funded. “Revenue growth in the quarter was generated by...
Jacobs (NYSE: J) will spin off its critical mission solutions business into an independent company focused on providing applied science research, technical consulting, program management, training and intelligent asset management support services for federal government customers. Steve Arnette, executive vice president and president of CMS business ...
Artificial intelligence is currently experiencing a major peak in the commercial world with the skyrocketing popularity of generative AI tools in recent months, which is causing a ripple effect with implications in the public sector too. Mandy Long, the new CEO of BigBear.ai, delved into the present state of the AI market, where she thinks it...
The U.K. government has approved the planned merger between Viasat (Nasdaq: VSAT) and British satellite services provider Inmarsat following the completion of an in-depth review. In November 2021, Viasat agreed to acquire Inmarsat in a cash-and-stock transaction valued at approximately $3.9 billion as part of efforts to provide a global hybrid netwo...
ICF (Nasdaq: ICFI) posted a 16.3 percent growth in government segment revenue for the first quarter of 2023 to $363.3 million, with federal customers accounting for 55.4 percent of total sales. The consulting and technology services company said Tuesday federal business revenue edged up 22.2 percent to $267.7 million for the period, while state and...
Greg Goldwater, vice president of strategic growth at BigBear.ai (NYSE: BBAI) for the past two years, has been elevated to the chief growth officer post. Greg Goldwater Goldwater will be responsible for BigBear’s growth and partnership initiatives in his new role, the artificial intelligence company said Tuesday. His 19-year industry experienc...
Client Solution Architects, a digital transformation and information technology services consulting firm, has been expanding its presence in the federal IT market in recent years, bolstered by an investment from Blue Delta Capital Partners in July 2021. Executive Mosaic spoke with Tim Spadafore, CSA’s chief operating officer, to ga...
Mitre Vice President and Chief Acceleration Officer Laurie Giandomenico has been elevated to the position of senior vice president. She will continue overseeing the not-for-profit company’s tech foundation, Engenuity, and incubation and innovation programs, the research organization said Monday. Giandomenico initially joined Mitre in 1991 as a...
