Suzanne Mathew, chief financial officer of Yorktown Systems Group, has assumed additional responsibilities as president of the Huntsville, Alabama-based mission support and training services provider. She will bring to the role over 25 years of GovCon experience as Yorktown pursues growth initiatives, including a more than twofold increase in revenu...
Fairbanks Morse Defense has purchased California-based marine electrical hardware manufacturing company Research Tool & Die to further expand the FMD’s turnkey offerings in the naval defense market. FMD said Thursday it made the acquisition to elevate its portfolio that supports naval power and propulsion systems production, maintena...
Jack Azagury, a 26-year Accenture (NYSE: ACN) veteran and most recently the U.S. Northeast market unit lead, has been named group chief executive of the company’s strategy and consulting group. In his new position, Azagury will be responsible for managing the unit’s enterprise operations, business strategy, applied intelligence and inno...
Air Force Secretary Frank Kendall said the military service predicts its next manned fighter platform and associated systems to be ready by the end of the decade, The Drive reported Wednesday. Kendall, a three-time Wash100 Award winner, told an audience at a recent Heritage Foundation event that engineering and manufacturing development efforts are ...
Parsons (NYSE: PSN) has closed its purchase of Xator for approximately $400 million as part of efforts to expand its footprint within the Intelligence Community, U.S. Special Operations Command, federal civilian and critical infrastructure markets. The transaction was first announced in May and Parsons said Wednesday it will integrate Xator into its...
Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary and Axiom Space have won positions on a potential 12-year, $3.5 billion contract to develop next-generation spacesuits that would enable NASA astronauts to perform spacewalks outside the International Space Station and explore the lunar surface as part of Artemis missions. NASA said T...
Jonathan Baliff, chairman of the audit committee of Redwire’s (NYSE: RDW) board of directors, has been appointed chief financial officer at the space infrastructure technology company. He succeeds Bill Read, who has served in the CFO role since August 2020 and stepped down nine months after Redwire went public, the company said Wednesday. David Ko...
Canada-based engineering services provider WSP Global has agreed to acquire John Wood Group’s environment and infrastructure business for approximately $1.81 billion in a transaction that would expand WSP’s earth and environment consulting practice in the U.S. WSP said Wednesday it expects the transaction to close in the fourth quarter of 20...
For the first time in five years, the U.S. Intelligence Community is in the process of updating its data strategy. The original strategy was published in 2017, and the IC’s data environment has gone through transformational changes — and some much needed updates — between then and now. Significant improvements have been made in data...
The U.S. government is locking down its focus on cybersecurity and looking toward data and zero trust as key tools in the effort. In January, the Office of Management and Budget released a federal strategy that guides the government’s widespread adoption of zero trust approaches. The Intelligence Community is also drafting a new data strategy...
