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...
Mary Petryszyn, former corporate vice president of Northrop Grumman (NYSE: NOC), was named to the board of directors of Saab, according to the Swedish aerospace and defense company. The executive retired from Northrop in mid-January, wrapping up her decadelong career at the company, where she most recently served as president of its defense systems ...
Boecore, an Enlightenment Capital portfolio company, has purchased San Diego-based information system security technology provider La Jolla Logic in a strategy to offer a comprehensive suite of products and services designed to help customers defend against cyber threats. The deal provides Boecore with new offerings and access to additional governme...
Bernhard Capital Partners has expanded its newly established government services platform by signing an agreement to buy Duotech Services for an undisclosed sum. Franklin, North Carolina-based Duotech provides maintenance and repair, remanufacturing and engineering platforms to support ground-based and aerial radar systems of U.S. defense customers ...
Over time, acquisition processes in the federal government, particularly in the Department of Defense and space realms, have become more flexible and amenable to specific situations and users. In the last half decade or so, veteran DOD servants say changes such as these and others have breathed new life into the development and production of...
Lockheed Martin’s (NYSE: LMT) space segment will streamline its five business lines into three as part of a realignment initiative meant to improve the delivery of space capabilities to customers, facilitate collaboration with suppliers and partners, better address emerging threats and further advance growth and innovation. Maria Demaree, most...
U.S. Vice President Kamala Harris and other administration officials met with the chief executives of Alphabet, Anthropic, Microsoft (Nasdaq: MSFT) and OpenAI to discuss the importance of responsible innovation in the artificial intelligence field. The meeting came after the White House unveiled initiatives to ensure AI technology adoption will not ...
