Lockport, Louisiana-based Bollinger Shipyards has completed its purchase of two U.S. marine subsidiaries of ST Engineering North America in a transaction that expands its shipbuilding and repair capabilities in support of government and commercial clients. Bollinger said Monday it will bring into its portfolio the U.S. Coast Guard’s Polar Security...
Kathleen Hicks, deputy secretary of the Department of Defense, met with members of the Defense Business Board and informed them about the initiatives to strengthen the defense industrial base’s resiliency, according to a DOD meeting readout released Thursday. During DBB’s first quarterly meeting for fiscal year 2023, the two-time Wash100...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2022 Wash100 Award recipient, spoke with leaders of eight large primes to discuss strategic priorities for the Pentagon and business challenges facing the industry. DOD said Tuesday executives at BAE Systems, Boeing (NYSE: BA), General Dynamics (NYSE: GD), HII (NYSE: HII), L3Harris ...
ICF (Nasdaq: ICFI) reported $359.9 million in revenue from government clients during the third quarter of fiscal year 2022, reflecting a 25.6 percent increase from the prior-year period. The Fairfax, Virginia-based company said Thursday Q3 sales from U.S. federal government clients rose 39 percent to $271.3 million and represented 58 percent of tota...
Client Solution Architects, a digital transformation and IT services consulting firm, is positioned at a critical point in the GovCon market. After successfully graduating from the Small Business Administration program, CSA has transitioned from a small-sized business to a mid-tier organization that competes with some of GovCon’s big players. GovC...
Lockport, Louisiana-based Bollinger Shipyards has agreed to acquire two U.S. marine subsidiaries of ST Engineering North America as part of efforts to expand its ship construction and repair capabilities in support of defense and commercial clients. The acquisition of VT Halter Marine and ST Engineering Halter Marine Offshore is expected to close be...
HII (NYSE: HII) reported net earnings of $138 million, or $3.44 per diluted share, for the third quarter of its 2022 fiscal year and registered a 12.3 percent growth in sales year-over-year to $2.6 billion. The military shipbuilder said Thursday that its Newport News Shipbuilding business and sales generated through its acquisition of Alion Sc...
Global supply chain issues have significantly impacted the government contracting ecosystem in recent years, calling attention to the need for speed in federal acquisition, procurement and manufacturing processes. Kicking off GovCon Wire’s 3rd Annual Defense Digital Acquisition and Innovation Forum, Lt. Gen. David Bassett illustrated the...
Baird will host its highly anticipated 2022 Government & Defense Conference on Thursday, Nov. 17th featuring heavyweight executives to the government contracting (GovCon) community as well as current and former government officials who will discuss a wide range of critical topics, including intelligence, space and defense challenges and top...
Parsons (NYSE: PSN) saw its third quarter revenue for fiscal year 2022 jump 19 percent to $1.13 billion and attributed the sales growth to ramp-up of contract work and increased hiring activity. The Centreville, Virginia-based contractor said Wednesday it posted $1.3 billion in Q3 2022 net bookings with a book-to-bill ratio of 1.1x and ended...
