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IT systems integrator 22nd Century Technologies, Inc. has completed its acquisition of BT Federal, the U.S. government contracting arm of BT Group. Government leaders are racing to modernize legacy systems and strengthen mission outcomes through secure, next-generation technology. Join the Potomac Officers Club’s 2026 Digital Tr...

Lockheed Martin has named John Stevens vice president and chief M&A and securities counsel. Stevens confirmed the development in a LinkedIn post shared Thursday. In his new role, Stevens will lead corporate counsel for mergers and acquisitions, venture investments, corporate and securities law, treasury and corporate finance, investor ...

SAIC saw its fiscal year 2026 first-quarter revenue increase 2 percent to $1.88 billion and reported Q1 net bookings of approximately $2.4 billion with a book-to-bill ratio of 1.3. In an earnings statement published Monday, the Reston, Virginia-based government technology services contractor said it ended the first quarter with an estimated total ba...

V2X posted record fourth-quarter revenue of $1.16 billion, reflecting an 11 percent year-over-year growth, and full-year 2024 revenue of $4.32 billion, up 9 percent from the previous year. Q4 & Full-Year 2024 Financial Results In an earnings release published Tuesday, the McLean, Virginia-based defense services contractor said its book-to-bill i...

Executive Mosaic’s GovCon Index marked its first winning week in 2025 after seven losing weeks since the last week of November 2024. Also, the index, which tracks the stock performances of 30 major government contractors, rose +0.32% on Friday to $5,021.18 for its seventh consecutive daily gain. Wall Street’s major stock benchmarks rallied and f...

Accenture Federal Services has appointed Michael Miller to the position of managing director, GovCon Wire has learned. He brings to his new role three decades of experience supporting the company and parent organization Accenture. What Are Miller’s New Responsibilities? As managing director, Miller will be responsible for operations growth pla...

Steve Powell, assistant treasurer for banking and capital markets at HII (NYSE: HII), will assume the role of corporate vice president and treasurer at the Newport News, Virginia-based defense technology and shipbuilding company on Jan. 1, 2025. HII said Friday Powell will succeed the retiring D.R. “Rick” Wyatt, who has been with the com...

Lou Forti, a management professional and team leader, has been appointed vice president of government services at SkillStorm. He announced in a LinkedIn post his promotion to the senior executive position at the IT consulting company, where he most recently served as director. As VP of government services, Forti will oversee the defense an...

Material Security is the synergistic brainchild of three entrepreneurial technologists: Chairman Ryan Noon, Vice President of Engineering Chris Park and CEO Abhishek Agrawal. The unfortunate milestone of government cyber attacks in 2016 prompted the trio to found the organization and develop no-nonsense, effective security products and services. Th...