John Lossing, a 26-year industry veteran, has been appointed vice president of industry compliance at ManTech. The artificial intelligence and mission-focused technology services provider said Tuesday Lossing will serve as the lead liaison for the Defense Contract Audit Agency and Defense Contract Management Agency. John Lossing’s Ca...
Rudy Martinez, an industry veteran with 20 years of experience in information technology professional services, has been selected as the vice president of growth at Intelligent Waves. The innovative IT services provider said Tuesday Martinez will oversee the company’s expansion, focusing on enhancing its presence in the market and de...
Lockheed Martin has secured a five-year, $99.6 million contract from the U.S. Navy to perform design and development studies, conduct technology demonstrations and provide engineering services to support the rapid development of several missile systems. IDIQ Contract Scope The Department of Defense said Tuesday the indefinite-delivery/indefinite-qua...
Chugach Government Solutions has named Virginia Robinson, a nearly 20-year legal adviser and business strategist, senior vice president and chief legal officer. The company said Tuesday Robinson will be responsible for all legal, governance and compliance matters and provide strategic counsel to drive growth in the government contracting sector. CGS...
Dynamic Integrated Services has purchased Vital Edge Solutions for an undisclosed sum to expand its capability to deliver mission-critical technology platforms and IT services to federal government clients. DIS said Wednesday the transaction expands its capabilities in IT modernization, management consulting and strategic communications and strength...
The GovCon Index registered four daily losses in five trading sessions for two straight weeks. On Friday, the index, which tracks the stock performances of 30 major government contractors, fell -1.64% to $4,576.02. This represents four consecutive weekly losses since the last two weeks of January. Defense stocks have taken a hit because of policy...
Robert F. Kennedy Jr. has been sworn in as the new secretary of the Department of Health and Human Services. Supreme Court Associate Justice Neil Gorsuch presided over the ceremony at the White House. As the new chief, Kennedy will manage a federal department that operates on around $2 trillion budget and oversee its program,...
Artificial intelligence platform provider Virtualitics has promoted Rob Bocek, a defense technology industry veteran, to chief revenue officer. The Pasadena, California-based company said Thursday Bocek will drive AI innovation across federal and global markets, strengthen partnerships and help scale platforms that support customers’ missions....
Iridium Communications reported fiscal 2024 fourth-quarter revenue of $213 million, up 9 percent from the prior-year period, and saw its total revenue for the full year increase 5 percent to $830.7 million. In an earnings release published Thursday, the McLean, Virginia-based satellite communications company said Q4 and full-year net income were $36...
Chugach Government Solutions has hired Christopher Buffoni as senior vice president and chief financial officer. The company said Thursday that he would oversee its financial activities, support the execution of its strategic growth plans and boost its financial performance. “I have dedicated my career to supporting the brave and noble m...
