The shares of Leidos (NYSE: LDOS) jumped nearly eight percent on the last trading day of October after the defense contractor presented its third quarter of fiscal year 2023 results. In the three months that ended Sept. 29, 2023, revenues rose nine percent to $3.9 billion versus Q3 2022. The total backlog at the quarter’s...
Kathryn Simpson, an 11-year Northrop Grumman (NYSE: NOC) executive, has assumed the corporate vice president and general counsel role at the Falls Church, Virginia-headquartered aerospace and defense contractor, according to a LinkedIn post published Tuesday. She was elevated to the post after serving as VP and associate general counsel of Northrop&...
Andre Trotter, a 15-year Lockheed Martin (NYSE: LMT) veteran, has been named segment vice president for deep space exploration, weather/earth sciences and commercial solutions at the Bethesda, Maryland-headquartered defense contractor. He announced his new post Saturday on LinkedIn and assumed the role after serving as VP overseeing Lockheed’s...
The Department of Homeland Security awarded a K2 Construction Consultants-led team a potential five-year, $253 million contract to supply nuclear and radiation portal monitors in areas covered by the U.S. Customs and Border Protection. K2 will complete the Radiation Portal Monitor Program Deployment contract in partnership with Parsons (NYSE: PSN) a...
Mergers and acquisitions deals are a feature of any industry where there are large enough companies and funds to support new combinations and ownership arrangements. They’ve become a particularly notable occurrence across markets in the 21st century, as large conglomerates buy up smaller operations. Government contracting is no different. Accordin...
Justin Taylor, most recently vice president of artificial intelligence at Lockheed Martin (NYSE: LMT), has transitioned to the role of VP of the F-22 program at the Bethesda, Maryland-based aerospace and defense contractor, he announced in a LinkedIn post. He succeeds Kevin “Red” Smith, who went into retirement after a more than two-deca...
Every year, the Potomac Officers Club hosts the government contracting industry’s premier events featuring the most prominent and influential speakers from the public and private sectors. Now, POC is gearing up for its biggest, most exciting year yet. In 2024, POC will be hosting an exciting lineup of in-person events, including must-attend month...
Ravi Dankanikote, senior vice president of business development at SAIC, has been selected as chair of Executive Mosaic’s 4×24 Business Development Group. The 4×24 leadership series connects top federal officials and government contracting industry experts to discuss the U.S. government’s most important challenges and priorit...
Ed Stockton, a technology industry executive, has been named vice president of business development at IT Concepts. In this capacity, he oversees business development initiatives and delivery operations in support of federal agency customers, including the U.S. Air Force, State Department, Federal Aviation Administration and the National Institutes ...
John Hillen, former CEO of government technology services contractor EverWatch and a GovCon industry veteran, has joined the advisory board of investment firm Enlightenment Capital. He will bring to the advisory board his decades of military, intelligence and national security experience and help explore new opportunities for the investment firm’s...
