Science Applications International Corp. (NYSE: SAIC) posted $247 million in net income for the second quarter of its 2024 fiscal year, up 234 percent from the prior-year period. SAIC said Thursday revenue for the quarter ended Aug. 4, 2023, fell 3 percent from the prior year period to $1.78 billion, an activity the company attributed...
Kevin Toner, former managing director of treasury, economics and commerce at Mitre, has been elevated to the role of vice president of the organization’s Center for Government Effectiveness and Modernization. He will lead the team that supports work programs and emerging technologies under the federally funded Center for Enterprise Modernizati...
The departments of Commerce, State, Justice and the Treasury have issued a joint advisory informing the industry of legal obligations and internal controls that should be implemented to prevent any activities that would contribute to the development of Iran’s unmanned aerial vehicle program. The guidance document seeks to inform the private sector...
Michael Barnes, a sales professional in the public sector technology market, has joined robotic process automation software provider UiPath as vice president of federal civilian business. “I’m excited to begin working with our customers and partners on this next evolution of enterprise transformation,” Barnes wrote in a LinkedIn po...
Cadmus has acquired Wheelhouse Group for an undisclosed sum as part of efforts to expand its presence in the federal market and broaden its offerings across the areas of organizational change management, workforce transformation, stakeholder engagement and communications and enterprise optimization. Beth McDonald, co-founder and president of Wheelho...
Humana Inc. is one of the country’s largest and most prestigious health insurance providers. With a mission to assist consumers in achieving maximum health and well-being, the business is continually seeking new and improved ways to provide health care to individuals who need it. Meet the Humana Inc. leaders and executives who have made a...
The Senate on Wednesday confirmed Michael Barr, a law professor and a former Department of Treasury official, to serve as vice chair of the Federal Reserve for supervision. President Joe Biden described the Senate vote an “important progress” for his plan to address inflation, the White House said Wednesday. The upper chamber on Wednesday approv...
The federal government gives away hundreds of billions of dollars in contracts each year. In fact, government spending on contracts amounted to $682 billion in 2020, which is the highest one recorded in the last five years. However, spending data is hard to find, and it isn’t easy to get an accurate picture of where...
Mark Testoni, CEO of SAP National Security Services, has been selected to the 2022 edition of the Wash100, the seventh time he’s won the prestigious award in the nine-year history of Executive Mosaic’s annual selection of executives with staying power and influence in the government contracting arena. Executive Mosaic CEO Jim Garrettson noted T...
MicroStrategy CEO Michael Saylor and Juan Zarate, global co-managing partner and chief strategy officer at K2 Integrity and an inductee into Executive Mosaic’s Wash100 for 2022, recently joined in an exclusive fireside chat to discuss global financial trends, imperative national security and cybersecurity issues and federal government implica...
