Marshall Denney, a retired U.S. Marine Corps colonel, has joined Client Solution Architects, a provider of integrated technology platforms and operational support services to defense and federal government clients, as vice president of the company’s Navy business unit, GovCon Wire has learned. In this capacity, he will lead efforts to achieve the ...
CACI International (NYSE: CACI) will buy back $250 million of its common stock through an accelerated share repurchase agreement. The company said Monday the repurchase equates to approximately 845,000 shares at Friday’s closing price of $295.09, accounting for about 3.6 percent of its outstanding common stock. The Reston, Virginia-based governmen...
Executive Mosaic is honored to announce Roger Krone, chairman and CEO of Leidos, as a 2023 Wash100 Award winner in recognition of his leadership strategy that works to sustain the company’s growth through innovation, major program wins and acquisitions. Krone, a 45-year GovCon industry veteran, has made all 10 classes of the Wash100 for his ...
L3Harris Technologies (NYSE: LHX) recorded $4.6 billion in revenue for the fourth quarter of 2022, up 5 percent from the prior-year period and 6 percent on an organic basis, and attributed the growth to the company’s communications systems and space and airborne systems segments. The Melbourne, Florida-based defense contractor said Thursday its fu...
Lockheed Martin‘s (NYSE: LMT) venture capital arm has invested in Machina Labs, a Los Angeles-based manufacturing company that uses artificial intelligence and robotics to make advanced sheet metal products. Machina Labs said Thursday the money will support research and development and business growth efforts as well as advance the production ...
NASA is seeking comments on a draft solicitation for a potential $98.1 million contract that will support the development and operations of space flight systems development and operations at the agency’s Glenn Research Center in Ohio. A notice posted Wednesday on SAM.gov says the Space Flight Systems Development and Operations Contract III cal...
Northrop Grumman (NYSE: NOC) reported $10 billion in revenue for the fourth quarter of 2022, up 16 percent from $8.6 billion in the prior-year period, and a 3 percent increase in organic sales for the full year ended Dec. 31. The Falls Church, Virginia-based aerospace and defense contractor said Thursday the sales growth was driven...
Mark Kenny, formerly a vice president at L3Harris Technologies (NYSE: LHX), has been appointed senior VP of strategy and business development at Ultra Electronics‘ maritime division. The retired U.S. Navy admiral will report to Carlo Zaffanella, president and CEO of Ultra Maritime, and will work in the Washington, D.C. area to oversee Ultra Ma...
Claudia Jaramillo, executive vice president of strategy and corporate development at Jacobs (NYSE: J), has been chosen to assume the role of EVP and chief financial officer effective Aug. 14. The company said Thursday she will succeed outgoing CFO Kevin Berryman, who will stay on as adviser to CEO Bob Pragada. Jaramillo, who was appointed...
Space Systems Command has awarded Ball Aerospace a five-year, $78.3 million contract modification to manufacture a second satellite for the U.S. Space Force‘s Weather System Follow-on – Microwave program. Ball Aerospace will build the next WSF-M satellite with a passive microwave-imaging radiometer and energetic-charged particle sensor instrumen...
