Booz Allen Hamilton reported $2.9 billion in revenue for the first quarter of fiscal year 2026. In an earnings release published Friday, the McLean, Virginia-based IT company said its revenue saw a slight dip of 0.6 percent year-over-year. However, the adjusted net income increased by 2.2 percent from the previous year. Meeting Company Expectations ...
Rare earth elements are some of the most indispensable materials in modern technology. These 17 elements from the periodic table, such as gadolinium, praseodymium and lanthanum, play critical roles in national security weapon systems while spanning many sectors of the global economy, including IT, transportation and telecommunications. Because ...
Microsoft has appointed Philippe Rogge, former CEO of Vodafone Germany, as corporate vice president of worldwide public sector. In a LinkedIn post published Tuesday, Rogge announced that his appointment marks his return to Microsoft, where he succeeds Angela Heise as head of worldwide public sector. “Public sector organizations around the worl...
Lockheed Martin reported $18.2 billion fiscal 2025 second-quarter sales, a total backlog of $166.5 billion and Q2 net earnings of $342 million, or $1.46 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said its cash from operations was $201 million during the second quarter of 2025, d...
Booz Allen Hamilton, in partnership with L3Harris Technologies, will deliver a prototype of the Advanced Battle Management System Distributed Battle Management Node Phase II Tactical Operations Center-Light for the Department of the Air Force Program Executive Office for Command, Control, Communications and Battle Management. The work will be perfor...
By Chris Burton, executive vice president of experiences and design at Sign In Solutions For government contractors, the stakes are astronomically high when it comes to securing their buildings and the people within them, along with their digital infrastructure and the data stored there. A breach could mean lost intellectual property, costly operati...
The Center for Strategic and International Studies will announce today the appointment of Jerry McGinn, a GovCon thought leader and a three-time Wash100 awardee, as the inaugural director of the Center for the Industrial Base, formerly the Defense-Industrial Initiatives Group. Leading the CSIS Center for the Industrial Base According to a press rele...
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 ...
General Dynamics Information Technology has appointed Michael Grochol as vice president of technology. In his new role, Grochol will lead the company’s technology strategy and support the development of innovative technology solutions. “Michael brings an exceptional blend of leadership and operational excellence, combined wit...
Paul Smith has assumed new responsibilities as senior vice president and general manager of integrated defense solutions at BAE Systems. In a LinkedIn post Tuesday, the executive confirmed that he is moving from BAE Systems’ ship repair business, which he led as SVP and GM since 2020, to integrated defense solutions. “After five incredib...
