Mike Stepniak, an experienced global finance leader, has been promoted to chief financial officer at Honeywell International (NASDAQ: HON). The company said Thursday Stepniak will take over the role currently held by Greg Lewis once the company’s fourth quarter and full-year financial results for fiscal year 2024 are out. Stepniak i...
Astrion, a portfolio company of private equity firm Brightstar Capital Partners, has finalized its purchase of Axient in a transaction that expands its capabilities aimed at helping defense and civilian agencies address critical challenges across systems engineering, digital, mission support and cybersecurity areas. In a statement published Thursday...
Jacobs (NYSE: J) has won a potential $973.7 million contract from NASA to provide research operations, maintenance and engineering support services for the agency’s Langley Research Center in Hampton, Virginia. NASA said Thursday the Center, Operations Maintenance and Engineering II program is a cost-plus-fixed-fee indefinite-delivery/indefini...
Peter Hochholdinger has been named executive vice president of manufacturing and safety at Boeing Defense, Space & Security, a business of Boeing (NYSE: BA), the manufacturing executive announced via LinkedIn post Thursday. Prior to joining Boeing, Hochholdinger held the manufacturing and supply chain VP position at Relativit...
Science Applications International Corp. (Nasdaq: SAIC) recorded $1.82 billion in revenues, 2 percent organic growth and $1.2 billion in net bookings with a book-to-bill ratio of 0.6 during the second quarter of its fiscal year 2025. In an earnings statement published Thursday, the Reston, Virginia-based government technology services contractor sai...
Empower AI has appointed to its board of directors Elaine Duke, former deputy secretary of the Department of Homeland Security and once acting DHS secretary. The company said Tuesday Duke was also named an inaugural member and chairperson of the external advisory board of Empower AI. Commenting on Duke’s appointment, Jeff Bohling, CEO of Empow...
The U.S. Navy has awarded electronic, computer and mechanical engineering company J.F. Taylor Inc. a contract valued at $563.2 million for the continued design, development and integration of simulation systems. The indefinite-delivery/indefinite-quantity contract supports fleet operator training, as well as research, development, test, evaluation a...
Maximus (NYSE: MMS) has named technology executive Mike Raker as chief technology officer. In this capacity, he oversees Maximus’ technology and innovation organization, drives strategic tech initiatives and investments in research and development activities and aligns technical platforms to enterprise strategy and business needs, the company ...
The Department of Homeland Security has awarded AT&T (NYSE: T) a 10-year, $146 million contract for government emergency telecommunications service and wireless priority service. The award ensures that DHS components such as the Cybersecurity and Infrastructure Security Agency and other government offices will always have access to mission-criti...
Honeywell (Nasdaq: HON) has finalized its acquisition of CAES from private equity firm Advent International and appointed industry executive Brad Westphal as president of the multinational conglomerate’s electromagnetic defensive solutions division. Expanding Defense Technology Capabilities Honeywell said Wednesday it expects the acquisition t...
