Verizon (NYSE: VZ) has secured a $176 million contract to provide the Department of Homeland Security with government emergency telecommunications service and wireless priority service. Verizon Business will perform communications support work over the 10-year period of the contract from the Emergency Communications Division of the Cybersecurity and...
Joseph Bartasius, a retired U.S. Army colonel and now a senior executive in the defense industry, has joined Data Systems Analysts as chief growth officer, according to his LinkedIn announcement on Sunday. Prior to assuming his current role at DSA, Bartasius served as senior principal for Army sector at General Dynamics (NYSE: GD). He was...
Executive Mosaic’s GovCon Index extended its winning streak to four weeks despite significant drops to start August. On Friday, the index declined 0.89% to $5,218.19 but still gained 0.70% for the week following Wednesday’s hefty 1.35% gain. Moreover, GCI outperformed Wall Street’s top three indexes for the week. The blue-chip Do...
Mark Rayha, senior vice president and chief operating officer of General Dynamics‘ (NYSE:GD) Electric Boat, will take over Kevin Graney as president of the subsidiary, effective Dec. 1. Kevin Graney General Dynamics said Thursday Graney will retire at the end of the year. He has been with the company since 1995, assuming leadership roles of...
Dan Jablonsky, former president and CEO of Maxar Technologies and a two-time Wash100 awardee, will succeed Joe Laurienti as chief executive of Ursa Major. Jablonsky, an aerospace and defense industry veteran, will take the helm of Ursa Major and lead the company through its next stages of growth, effective Aug. 5, the rocket and missile...
A Bechtel business has secured a U.S. Navy contract modification valued at $447 million for naval nuclear propulsion components. The Department of Defense said Thursday that under the cost-plus-fixed-fee award, Bechtel Plant Machinery Inc. will continue providing the Navy with the engine requirements. Work at BPMI’s Monroeville, Pennsylvania s...
HII (NYSE: HII) released its second quarter 2024 results that showed growth across all core business segments. The shipbuilder said Thursday its consolidated revenue rose 6.8% year-over-year to a record $2.97 billion, while net income climbed 33.1% to $173 million compared to Q2 2023. Chris Kastner, president and CEO of HII, shared, “Mission T...
Blue Delta Capital Partners has secured $250 million for its fourth fund, allowing it to continue making growth stage equity investments in companies in the U.S. federal government services market. In a statement published Thursday, Blue Delta General Partner Phil Nolan said the venture capital firm and its team of investors could provide mentoring ...
CACI International (NYSE: CACI) has secured a $319 million task order to impart its expertise on intelligence systems to the U.S. Army. The information technology company said Wednesday it was chosen to fulfill a five-year work aimed at supporting an Army office in establishing and maintaining an advanced and on-demand environment. The pla...
The Cybersecurity and Infrastructure Security Agency has appointed Lisa Einstein, most recently senior adviser for artificial intelligence at CISA, as its first chief AI officer. CISA said Thursday the appointment reflects the agency’s commitment to advancing the responsible use of AI to meet its cyber defense mission and assist critical infra...
