KBR (NYSE: KBR) posted $1.6 billion in revenue during the fourth quarter of fiscal year 2022, up 23 percent from the prior-year period excluding the Operation Allies Welcome program, and reported full-year sales of $6.6 billion, reflecting a year-over-year growth of 9 percent on an ex-OAW basis. The Houston-based engineering contractor said Thursday...
A Raytheon Technologies (NYSE: RTX) business unit will provide Joint Standoff Weapon Program support services to the U.S. Navy and foreign military sales customers under a five-year, $34.1 million contract. Raytheon Missiles & Defense will help clients engineer, analyze, integrate and test JSOW weapon systems as part of the indefinite-delivery/i...
Parsons (NYSE: PSN) saw its fourth-quarter revenue for fiscal year 2022 rise 16 percent to $1.1 billion and reported full-year sales of $4.2 billion, reflecting a total growth of 15 percent and organic growth of 9 percent. The Centreville, Virginia-based contractor said Wednesday Q4 2022 net bookings reached $1.1 billion with a book-to-bill ratio of...
Leidos (NYSE: LDOS) reported fiscal year 2022 fourth-quarter sales of $3.7 billion, up 6 percent from the prior-year period, and saw its full-year revenue climb 5 percent to $14.4 billion. The defense and information technology services contractor said Tuesday non-GAAP diluted earnings per share rose 17 percent for the October-December period to $1....
The U.S. Patent and Trademark Office within the Department of Commerce is soliciting comments on the current state of artificial intelligence technologies and issues related to inventorship. The USPTO is asking the public to submit written responses to a list of questions related to the use of AI and machine learning in the invention creation...
Clement Chen, former chief strategy officer at Leidos‘ (NYSE: LDOS) health group, has been appointed as CEO of DSFederal. His new duties involve leading activities to reach DSFederal’s strategic, operational and financial goals, as well as overseeing employee engagement and client relationships and partnerships, the data science and digi...
Executive Mosaic is honored to introduce Gen. Paul Nakasone, commander of U.S. Cyber Command, director of the National Security Agency and chief of the Central Security Service, as a 2023 Wash100 Award winner for advancing strategic partnerships with agencies, industry and academia and prioritizing the development of a joint cyberspace capability to...
HII (NYSE: HII) saw its fourth-quarter revenue for 2022 rise by 5 percent to $2.8 billion compared with the prior-year period’s $2.67 billion, and recorded 10.7 billion in full-year revenue, up 12.1 percent from the previous year. The military shipbuilder said Thursday it recorded approximately $3.2 billion in Q4 new contract awards and ended the...
Since he began at Army Futures Command in 2020, Lt. Gen Thomas Todd has focused on aligning the Department of Defense’s technology arsenal with its fast-moving targets and battle demands. As deputy commanding general for acquisition and systems management, Todd is in charge of envisioning and leading research on the next generation of wa...
Executive Mosaic is honored to announce Andy Green, an executive vice president of HII and president of the HII Mission Technologies division, as a recipient of the 2023 Wash100 Award for his leadership in driving strategic growth through major contract awards and advancing innovation aligned with national defense priorities. “Andy is an engag...
