Bechtel has appointed Dena Volovar, a 26-year company veteran, as president of its nuclear, security and environmental, or NS&E, business. The engineering and construction firm said Monday Volovar succeeds John Howanitz, who will retire in April after a 42-year career at Bechtel. Craig Albert, president and chief operating officer of Bechtel and...
By Chuck Brooks, President of Brooks Consulting International Every administration that comes to office brings with it contemporary issues to address in order to meet national security responsibilities and keep the U.S. at the forefront of the global economy. In 2025, we are in the initial stages of a technological revolution driven by emerging...
Karl Borden, a security professional with over three decades of experience, has been promoted to executive vice president for operations and growth at System High. The global protection and security engineering services provider said Tuesday Borden will spearhead its day-to-day operations while developing and implementing growth strat...
Executive Mosaic’s GovCon Index claimed its first winning week in February despite closing -0.44% lower at $4,507.36 before the weekend. The index, which tracks the stock performances of 30 major government contractors, gained +0.27% week-on-week. However, the month-on-month and year-to-date losses are -7.92% and -6.83%, respectively. It was a...
The Space Systems Command has issued a request for information to determine the capabilities of potential vendors to provide the logistics sustainment support services for instrumentation tracking systems supported by the Instrumentation Range Support Program, or IRSP. Instrumentation Range Support Program Contract According to the notice publi...
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...
KBR has received a new time and material, cost-reimbursable task order with a potential value of $187 million from the State Department to deliver medical support services in Iraq. Medical Support Services Iraq Task Order The Houston, Texas-based company said Monday the Medical Support Services Iraq, or MedSSI, task order, was awarded under the...
Mark Washburn, an experienced defense and space technology industry leader, has joined software development company Galorath Inc. as vice president of business development. The executive confirmed his new role in a LinkedIn post Saturday. Galorath Recruits Mark Washburn Washburn brings to the role an extensive experience in business developmen...
Space infrastructure provider Loft Orbital has raised $170 million in a round of Series C financing led by Tikehau Capital and Axial Partners. The San Francisco-based company said Tuesday it plans to use the capital to further support its operations, advance the launch of satellites for multiple constellations and grow its ecosystem of artificial in...
2024 has seen a number of significant mergers and acquisitions in the government contracting sector. With organizations seeking to expand their portfolios, increase competitive advantage and break into new markets, M&A activity has transformed the industry. From aerospace and defense to cybersecurity and technology innovation, these deals are re...
