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Leidos reported $4.4 billion in fiscal year 2024 fourth-quarter revenue, up 10 percent from the prior-year period, and saw its full-year revenue rise 8 percent year-over-year to $16.7 billion, driven by robust demand across all customer segments, particularly for managed health services. In an earnings release published Tuesday, the defense an...
Digital modernization is a necessity for government agencies and commercial companies alike as technology continues to evolve. Leidos picked up on this cue and created the Digital Modernization Sector that looks across the entire organization and brings emerging tech to “orchestrate innovation” for its customers. GovCon Wire had the pleasur...
Shannon Kelley has been named chief growth officer at DecisionPoint, the information technology company announced on LinkedIn Saturday. The Gaithersburg, Maryland-based contractor said Kelley brings 20 years of experience in driving growth and implementing strategies that have resulted in more than $240 million in revenue. As the new CGO, ...
Global supply chains were thrown into the spotlight in 2020 when Covid sparked massive disruptions. Now, focus on supply chains has taken a new shape as the U.S. shifts its priorities to cybersecurity, global competition and more. GovCon Wire spoke with two Chertoff Group leaders — CEO and Co-Founder Chad Sweet and Michele Iversen,...
The State Department has approved Zambia’s request for Bell 412 Enhanced Performance Exportable Medium-Lift Transport Helicopters and related items valued at an estimated $100 million. The Defense Security Cooperation Agency said Monday it has notified Congress of the potential agreement with Bell Textron possibly serving as the principal...
Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services companies. The monthly update released by the firm’s aerospace, defense and government services team shows the enterprise and equity values, share performances and operating metrics of several U.S...
Emergency management company IEM International has announced several leadership appointments to drive growth and innovation and improve service delivery. John Schlegel’s Appointment as CFO IEM said Thursday John Schlegel, interim chief financial officer, has been officially named CFO. As interim CFO, Schlegel has been key in strengthening the ...
There’s a common understanding at this point that quantum computing is ungraspable to the layman and possibly even to scientific experts. This very publication has spoken to leading minds in the field who admit that it’s difficult to pin down, its essence not able to be communicated sufficiently. Gil Herrera, research director at the Nation...
Booz Allen Hamilton has won a Department of Veterans Affairs contract worth approximately $316.5 million to support the second iteration of the Transformation Support Services program. According to a notice published Monday on the Federal Procurement Data System-Next Generation, VA received eight offers for the contract. The department obligated $16...
A new McAleese & Associates report shows that a continuing resolution, or CR, that will fund federal government operations through March 14 includes $110 billion in funding for disaster relief efforts. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, said 31 percent of the total disaster supplemental budget wil...
