Huntington Ingalls Industries (NYSE: HII) saw its third-quarter revenue for 2021 increase 1 percent to $2.3 billion and reported $3.65 in diluted earnings per share. The Newport News, Virginia-based shipbuilding company said Thursday it recorded $600 million in Q3 2021 new contract awards and a total backlog of about $50.1 billion as of Sept. 30....
A proposed $1.75 trillion social safety net spending and climate change bill known as the Build Back Better Act includes language that would require a 1 percent tax on stock repurchases, a provision that could have a potential impact on defense companies, Defense One reported Friday. The Build Back Better framework seeks to “stop large,...
Christopher Pohle, founder and CEO of Capture2Proposal, has published his first article as a part of Executive Mosaic’s GovCon Expert program on Thursday. In his first article, GovCon Expert Christopher Pohle discussed the key strategies for driving contract award wins in the government contracting (GovCon) sector, including managing your opportun...
Yusuf Abdul-Salaam, former senior vice president at ECS, has brought his more than 15 years of experience in account management, business operations and sales to Paradyme Management, where he now serves as chief operating officer, G2Xchange FedCiv reported Wednesday. Prior to working at ECS, he was the president of business operations at DHA Group, ...
ICF (Nasdaq: ICFI) has purchased Enterprise Science and Computing for an undisclosed sum as part of efforts to expand its federal health technology platforms. Rockville, Maryland-based ESAC operates with approximately 40 employees and has been providing research data management, health analytics, bioinformatics and health information technology plat...
New York-based cybersecurity services provider BlueVoyant has purchased 202 Group for an undisclosed sum in a move to bring a supply chain risk management offering to the federal market. The combined entity aims to offer an integrated offering that will work to help government customers manage potential risks to vendor ecosystems across agency progr...
The U.S. Navy has awarded three shipbuilders a $114.9 million indefinite-delivery/indefinite-quantity contract for repair, maintenance and modernization of two ship classes homeported in Mayport, Florida. Fincantieri Marine Systems North America, Epsilon Systems Solutions and St. Johns Boat will compete for work on the Navy’s surface combatant...
Sincerus Global Solutions, has booked multiple contracts worth more than $40 million combined to support nine State Department programs abroad. The company said Tuesday the awards build upon its experience helping clients manage global security sector reform efforts. Arlington, Virginia-based Sincerus offers expeditionary mission support, project ma...
Amentum has agreed to acquire PAE (Nasdaq: PAE) in an all-cash transaction valued at approximately $1.9 billion as part of efforts to establish a technology services provider serving U.S. federal agencies and allied governments. PAE’s board of directors approved the transaction that is expected to be completed by the end of the first quarter of...
Christopher Radich, regional vice president of public sector digital strategy at Salesforce (NYSE: CRM), said government agencies seeking to reduce their dependence on custom code and improve customer service should develop and implement a multicloud strategy that includes a combination of software-as-a-service, infrastructure-as-a-service and...
