Booz Allen Hamilton (NYSE: BAH) saw its revenue jump 18 percent to $2.65 billion during the first quarter of fiscal year 2024 and reported a net income of $161.4 million, up 16.9 percent from the prior-year period. The McLean, Virginia-based information technology and management consulting firm said Friday it ended the quarter with a total...
Parsons (NYSE: PSN) has elevated Noel Goldstein, a 24-year government services industry veteran, from senior business development director to a vice president position. Goldstein joined Parsons in February 2021. His responsibilities have included client engagement, capture management and campaign development functions for the Department of Defense a...
Systems Planning and Analysis underwent an executive leadership change in November 2022 when Bill Vantine retired and Rich Sawchak took the helm as the company’s new CEO. Sawchak refocused the organization’s strategy and structure and is leading SPA to accelerated growth through a combination of organic and acquisition-based expansion ...
Explore the largest military shipbuilding companies, building the U.S. Navy and Coast Guard fleet and ensuring maritime strength and security. Strengthening maritime presence has consistently remained a key priority of the U.S. federal government. In pursuit of this objective, the military engages in contracts with the largest shipbuilding co...
The U.S. Department of the Air Force is looking toward a revised strategy in how it goes about procuring technologies from industry partners and encouraging innovation in the commercial sector. In order to speed up the fielding and implementation of new tools, DAF leaders are turning to alternative sources for products and services. “We have...
Lockheed Martin (NYSE: LMT) will continue providing the U.S. Navy with AN/SQQ-89A (V) 15 anti-submarine warfare systems, spares and support services under a $100 million contract modification. The Department of Defense said Thursday Lockheed’s rotary and mission systems business was contracted for work on Hypervisor Technology Zero AN/SQQ-89A ...
Principal Deputy Director of National Intelligence Dr. Stacey Dixon accepted her 2023 Wash100 Award from Executive Mosaic CEO Jim Garrettson during a recent presentation ceremony at the Office of the Director of National Intelligence headquarters. Hear Dr. Dixon speak in person at the Potomac Officers Club’s 9th Annual Intel Summit ...
Officials from the White House, Intelligence Community and the Department of Defense will hold on Tuesday a classified briefing on artificial intelligence with senators as lawmakers work to advance legislative measures for AI, Reuters reported Monday. Avril Haines, director of national intelligence; Kathleen Hicks, deputy secretary of defense; Arati...
McLean, Virginia-based Xcelerate Solutions has expanded its leadership team with the appointment of Tim Conway as a member of the board, Anne-Marie Evans as chief financial officer and Michael Heller as vice president of human resources. Conway, a two-time Wash100 awardee, will bring to Xcelerate’s board his federal contracting industry experience...
Guided by Secretary Frank Kendall’s Seven Operational Imperatives – space order of battle, operationally focused advanced battle management systems, moving target engagement, tactical air dominance, resilient basing, global strike and readiness to deploy and fight – the U.S. Department of the Air Force is preparing to launch a number...
