Vectrus (NYSE: VEC) saw its full 2021 revenue increase 28 percent to $1.78 billion and reported $419.4 million in sales for the fourth quarter of 2021, up 18 percent from the prior-year period. The Colorado Springs, Colorado-based government services contractor said Monday it ended the year with a total backlog of $5 billion, of which...
Dave Wajsgras, a two-decade aerospace and defense industry leader and a six-time Wash100 awardee, will assume the role of CEO of Intelsat on April 4. He will succeed the retiring Stephen Spengler, who has served in various senior leadership roles for more than 18 years and as CEO of the satellite communications company for seven...
Jonathan Moneymaker, CEO of BlueHalo, has been named a 2022 Wash100 Award recipient, the most prestigious and acclaimed award in all of government contracting (GovCon), for his innovation centric leadership approach that drives company growth and technology capabilities for the company’s customers as well as U.S. warfighters across our nation’s ...
Constellis subsidiary Centerra will provide protective services to the Fifth Federal Judicial Circuit under a $237 million contract from the U.S. Marshals Service. The company said Monday it will help train court security officers to carry out patrol missions at U.S. District Court sites located in Louisiana, Mississippi and Texas. “Our officers h...
Vertex Aerospace updated its website and corporate identity imagery and changed its name to The Vertex Company after it closed the acquisition of Raytheon Technologies’ (NYSE: RTX) defense training and mission critical solutions business on Dec. 6. Ed Boyington, president and CEO of The Vertex Company, said in a statement published Friday the new ...
In its most recent Executive Spotlight interview, ExecutiveBiz spoke with Tommy Gardner, chief technology officer at HP Federal and a key member of Executive Mosaic’s GovCon Expert program, about government agencies’ implementation of zero trust technology and other latest trends such as artificial intelligence, machine learning, 5G and ...
A roster of renowned leaders from the Department of Defense will convene on Wednesday during McAleese and Associates’ “FY2023 Defense Programs” Conference to discuss the top programs and initiatives the department is prioritizing currently and in the future. “I have attended and enjoyed this event multiple times,” said Jim Garrettson, CE...
In recent months, the Department of Defense has placed greater emphasis and importance on artificial intelligence. The technology has been included on the White House’s critical and emerging technologies list, and the department in December created a new position meant to oversee artificial intelligence, digital-focused initiatives and data. Now...
Microsoft (Nasdaq: MSFT) has closed its approximately $19.7 billion cash acquisition of artificial intelligence company Nuance Communications as both companies aim to offer cloud-based AI platforms. Microsoft first announced the $56-per-share deal in April last year and the multinational technology company said Friday that Mark Benjamin will continu...
The U.S. Navy has awarded 63 companies positions on a potential five-year, $249.7 million contract to provide rapid development and prototyping and systems integration support to help the military branch meet new and emerging requirements and advance the growth of the Naval Air Warfare Center Aircraft Division’s services portfolio at Webster O...
