Parsons (NYSE: PSN) saw its fourth-quarter revenue for fiscal year 2022 rise 16 percent to $1.1 billion and reported full-year sales of $4.2 billion, reflecting a total growth of 15 percent and organic growth of 9 percent. The Centreville, Virginia-based contractor said Wednesday Q4 2022 net bookings reached $1.1 billion with a book-to-bill ratio of...
General Dynamics‘ (NYSE: GD) ordnance and tactical systems business and American Ordnance, a unit of Day & Zimmermann, will compete for task orders under a $993.8 million contract to produce 155-millimeter rounds of ammunition for the U.S. Army. The Army Contracting Command received two offers for the $993.8 million firm-fixed-price contra...
Scientific Systems Co. has appointed the role of products division senior vice president to Tom Frost, former general manager of unmanned ground systems at Teledyne Technologies (NYSE: TDY). Frost, who has nearly 23 years of experience in the robotics industry, will be responsible for the strategic growth and daily operations of the products team, S...
The U.S. Army Corps of Engineers Fort Worth District has released details of a potential $1.5 billion multiple-award task order contract vehicle for construction and design-build services in support of the Department of Homeland Security. A notice posted Wednesday on SAM.gov stated that USACE plans to award up to five indefinite-delivery/indefinite-...
Former National Security Agency executive Lori Weatherwax has joined LexisNexis Special Services Inc., a government-focused subsidiary of LexisNexis Risk Solutions, to serve as director of business development enterprise solutions. Weatherwax brings to the role three decades of federal service experience in cybersecurity, data science and analytics,...
The State Department has approved a potential $250 million sale of information technology services to Kuwait’s Military Medical Command. Oracle‘s (NYSE: ORCL) Cerner subsidiary will act as the principal contractor on the proposed foreign military sale, the Defense Security Cooperation Agency said Tuesday. Kuwait requires assistance to pl...
Alan Thomas, a former General Services Administration executive, has been named chief solutions officer at Washington, D.C.-based public sector data provider Leadership Connect. He will oversee Leadership Connect’s practice that offers professional services to federal agencies and contractors, the company said Tuesday. “I’m looking forward...
Leidos (NYSE: LDOS) reported fiscal year 2022 fourth-quarter sales of $3.7 billion, up 6 percent from the prior-year period, and saw its full-year revenue climb 5 percent to $14.4 billion. The defense and information technology services contractor said Tuesday non-GAAP diluted earnings per share rose 17 percent for the October-December period to $1....
The U.S. Patent and Trademark Office within the Department of Commerce is soliciting comments on the current state of artificial intelligence technologies and issues related to inventorship. The USPTO is asking the public to submit written responses to a list of questions related to the use of AI and machine learning in the invention creation...
Acorn Growth Companies, a middle-market defense and aerospace investor, has finalized its sale of Black Sage Technologies to private equity firm Highlander Partners. The transaction, which comes nearly four years after Acorn bought Black Sage, is part of the latter’s expansion strategy, Acorn Growth said Tuesday. Oklahoma-headquartered Acorn G...
