Leidos (NYSE: LDOS) saw its revenue climb 7 percent year-over-year to $3.8 billion during the second quarter of fiscal year 2023 and reported $210 million in net income and diluted earnings per share of $1.50. The defense and information technology services contractor said Tuesday the revenue growth was driven by increased demand for hypersoni...
David Thombs, former chief strategy officer and executive vice president of strategy and business development at SI2 Technologies, has been named deputy chief technology officer at Antenna Research Associates. He announced his new role Sunday on LinkedIn and will concurrently serve as ARA’s CTO and VP of technology strategy. Thombs was instrum...
Judy Marks, chair, president and CEO of Otis Worldwide Corp. (NYSE: OTIS), noted organic sales growth in the company’s core business segments and higher adjusted earnings per share for the second quarter of 2023. Net sales for the period grew 6.7 percent year-over-year to $3.72 billion, while revenue climbed 9.5 percent on an organic basis,...
Jen Sovada, president of SandboxAQ‘s public sector and chair of Executive Mosaic’s 4×24 Quantum Group, was named inaugural member of the board of advisers at private equity firm Bluestone Investment Partners. As advisory board members, Sovada and four other leaders from the defense and government services industry will provide Blues...
President Joe Biden has nominated Harry Coker, a more than four-decade public service veteran, to serve as the next national cyber director. The White House said Coker’s nomination was sent to the Senate on Tuesday. Coker is a senior fellow at Auburn University’s McCrary Institute for Cyber and Critical Infrastructure Security and serves...
Pamela Rothka, a finance professional with nearly three decades of government services industry experience, has joined Empower AI as chief financial officer. She will work with Empower AI’s executive leadership team and board of directors to drive corporate financial performance, the company said Tuesday. “Her disciplined approach to fin...
All of the four-star generals of the U.S. Air Force and the vast majority of three-stars assembled in June at a table top exercise that demonstrated various scenarios regarding strategic maneuvers required when carrying out logistics in contested settings and conditions. The service’s leaders saw it as a highly beneficial process that is nece...
Clif Basnight, a 17-year U.S. Army veteran and former vice president at CACI International (NYSE: CACI), has joined Ultra Intelligence & Communications as VP of strategic technologies. He will lead strategic growth initiatives across the company and oversee market analysis to help identify business opportunities through product development and a...
Peter Hughes, former program director at Textron‘s (NYSE: TXT) systems business, was elevated to the role of vice president of tactical unmanned aircraft systems and battlefield connectivity at the Haslet, Texas-based defense and space manufacturing company, according to a LinkedIn post. The executive has been with Textron Systems for nearly a...
Mike Cosgrave, a former partner at Guidehouse, was appointed chief operating officer at Tria Federal, where he will oversee the information technology and advisory services provider’s administrative and operational functions. The management and technology executive with 25 years of experience previously held the same position at IT and service...
