Leidos (NYSE: LDOS) saw its first-quarter revenue for the fiscal year 2022 climb 5 percent to $3.5 billion and posted $177 million in net income and diluted earnings per share of $1.25 during the quarter. The Reston, Virginia-based technology services contractor said Tuesday the sales growth from the prior-year period across reportable segments was ...
KBR (NYSE: KBR) reported government solutions unit revenue for the first quarter of its 2022 fiscal year grew 25 percent to $1.46 billion and the company attributed the increase to sales growth across defense, space and other businesses under the government segment. The Houston-based engineering contractor said its total Q1 revenue of $1.71 billion ...
At the onset of the COVID-19 pandemic in March 2020, health care organizations were forced to modernize at a rapid pace in order to handle the massive influx of patients, adapt to constantly changing federal guidelines and address quickly-evolving medical needs. Over the past two years, the health care industry has initiated a slew of...
Executive Mosaic is pleased to announce that John Sherman, chief information officer for the Department of Defense (DOD), officially received his 2022 Wash100 Award during the 3rd Annual CIO Summit from Potomac Officers Club where Sherman was featured as the leading keynote speaker. John Sherman was presented with the most prestigious and acclai...
John Ustica, chief financial officer of Siemens‘ U.S. federal government subsidiary since 2018, has been appointed interim CEO. He succeeds Tina Dolph, who stepped down as CEO of Siemens Government Technologies after more than three years at the helm to join CRDF Global as chief global officer, SGT said in a LinkedIn post published Monday....
The U.S. Intelligence Community is prioritizing cloud migration as it works to push capabilities out to the tactical edge and better support U.S. warfighters with access to critical data. Notably along this effort, the Department of Defense recently released its software modernization strategy, which replaces its 2018 cloud strategy and more clearl...
NuScale Power will begin trading Tuesday, May 3, on the New York Stock Exchange after it completed its merger with blank check company Spring Valley Acquisition (Nasdaq: SV) that was first announced in December. Shareholders at special purpose acquisition company Spring Valley approved the business combination Thursday and the combined entity will o...
The Department of Veterans Affairs is working to move past its tendency to “take orders” and instead shift towards a vision-driven approach as the department makes progress on its overarching modernization goals. “Inside the VA, as a government bureaucracy, our IT shop has an embedded DNA of taking orders, trying to meet those needs for...
Houston-based Bristow Group (NYSE: VTOL) has agreed to buy British International Helicopter Services for an undisclosed sum as part of efforts to further build up its government services business. Vertical flight platforms provider Bristow said Friday it expects the all-cash transaction to conclude in the third quarter of 2022, pending regulatory ap...
Momentus (Nasdaq: MNTS) has secured a Federal Communications Commission license to use radio frequencies to support communications for the first launch of its Vigoride orbital transfer vehicle. The FCC consulted with other government agencies to authorize Momentus to use radio frequencies to communicate with the spacecraft following its upcoming May...
