Maximus reported $1.4 billion in fiscal year 2025 first-quarter revenue, up 5.7 percent from the prior-year period, and organic growth of 6.3 percent due to contributions from the U.S. federal services segment. In an earnings release published Thursday, the Tysons, Virginia-based government services contractor said its operating margin for the first...
HII reported $3 billion in fourth-quarter revenues for fiscal 2024 and saw its full-year revenue increase 0.7 percent to $11.5 billion. In an earnings release published Thursday, the military shipbuilding company logged $12.1 billion in new contract awards and ended the year with a total backlog of approximately $48.7 billion. HII recorded quarterly...
Christopher Calio, president and CEO of RTX, has been elected as the aerospace and defense company’s chairman of the board of directors. The Arlington, Virginia-based contractor said Monday Calio’s appointment will take effect on April 30. He will succeed Gregory Hayes, who will step down from his post as executive chairma...
Teledyne Technologies has completed its acquisition of select Excelitas Technologies aerospace and defense electronics businesses for approximately $710 million in cash. The company said Monday the acquired businesses include Excelitas’ U.K.-based optical systems business operating under the Qioptiq brand and its U.S.-based advanced elec...
Horacio Rozanski, president and CEO of Booz Allen Hamilton and a three-time Wash100 awardee, stressed the need for speed and that the U.S. “cannot afford to be second” to China in the field of artificial intelligence. Rozanski’s Insights on DeepSeek When asked about DeepSeek, Rozanski said on Monday during CNBC’s “Closing Bell Over...
DSA has undergone an organizational restructuring to better support customers and target markets. Kathleen Kirk, chief operations officer of the Trevose, Pennsylvania-based IT services company, said the changes will enhance DSA’s operational excellence and growth. DSA Introduces New Business Units Part of the changes at DSA is the introd...
Jonathan Peppard, an industry veteran with 27 years of experience in capture management, program management and business development, has been appointed vice president of strategic capture at Akima. The information technology company said Thursday Peppard will oversee its expansion by leading efforts to capture new opportunities within the federal ...
Julia Laurenzano MacDonough, a seasoned military and civil space professional, has been appointed vice president and general manager for Air Force and missile defense strategic systems at Draper. The Cambridge, Massachusetts-based company said Wednesday MacDonough will manage Draper’s research, development and production programs for the...
RTX reported $21.6 billion in fiscal 2024 fourth-quarter sales, up 9 percent from the prior-year period, and recorded $218 billion in total backlog with the defense segment accounting for $93 billion of that backlog. For the full year 2024, the Arlington, Virginia-based aerospace and defense contractor said Tuesday it saw its adjusted sales ri...
Cybersecurity company BlueVoyant has appointed industry executive Michael Montoya as chief operating officer. The company said Tuesday Montoya will oversee BlueVoyant’s technology, operations and product organizations. Michael Montoya’s Career History The newly appointed COO has more than 25 years of cybersecurity and IT leadership experience. M...
