Ron Ash, chief operating officer of Accenture‘s (NYSE: ACN) government-focused business arm, will succeed John Goodman as Accenture Federal Services CEO on Sept. 1. The company said Tuesday Ash will also take over the chairmanship of Accenture Federal Services’ board of managers from Goodman, who is set to step down from his roles on Aug...
An Akima subsidiary has received a potential 10-year, $563 million contract from the U.S. Army to provide installation support services at Redstone Arsenal in Huntsville, Alabama. The company said Tuesday Akima Facilities Operations will provide engineering services, facility and equipment maintenance and environmental services for Department of Def...
Lockheed Martin (NYSE: LMT) reported a 9 percent year-over-year increase in fiscal 2024 second-quarter net sales to $18.1 billion, a total backlog of $158 billion and Q2 net earnings of $1.6 billion, or $6.85 per share. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it recorded $1.9 billion in cash from operations and fre...
At the much-discussed current “strategic inflection point” the U.S. finds itself — considering geopolitical disturbances like the war in Ukraine and competition from the ‘pacing threat’ of China — achieving “cost-effective mass” is the most effective strategy for deterrence, argues Melissa Dalton, under secretary of the U.S. Air For...
Client Solution Architects has appointed Jeremy Ross, a business development and capture management leader, as chief growth officer. “I look forward to leveraging the power of technology in providing cutting edge IT modernization, cyber security, training and digital solutions,” Ross said in a LinkedIn post published Tuesday. He brings t...
The State Department has approved Saudi Arabia’s potential $2.8 billion foreign military sales request to purchase from the U.S. government follow-on logistics and sustainment support services for its air force’s aircraft fleets and existing platforms. The Defense Security Cooperation Agency said Tuesday the proposed FMS deal covers support for ...
Executive Mosaic’s GovCon Index was in the red in three of five trading sessions but still ended with a solid 1.43% week-on-week gain. The index, which tracks the stock performances of 30 major government contractors, recorded its largest single-day gain (2.04%) and highest close ($5,105.25) on Tuesday. It was Wall Street’s worst week since Apri...
Terry Bjornsen, a three-decade veteran in the commercial and government sectors, was appointed vice president of capture management at Tria Federal, the company said in a LinkedIn announcement. Bjornsen, according to his profile on the platform, is responsible for leading a capture management team at the information technology and advisory services ...
Kevin Brancato, senior vice president of product strategy at TechnoMile, was added to the board of advisors at the National Contract Management Association. The company said Tuesday the government contracting veteran will provide NCMA with executive-level strategies and insights into contract management issues. Brancato also brings contract lifecycl...
Peter Schumacher, a board member at Firefly Aerospace, has been appointed as interim CEO of the Cedar Park, Texas-based space transportation services provider. He replaces Bill Weber, who assumed the chief executive role in 2022, and will lead the company’s team of more than 700 employees as the board Geneconducts its search for a permanent...
