J&J Worldwide Services, a CBRE government and defense business, has secured a spot on the Installation Management Command Europe, or IMCOM-E, custodial services multiple award task order contract, or MATOC, valued at up to $220 million. In a statement published Wednesday, the company said it will provide commercial custodial services to U....
David Merrell, an experienced solutions sales specialist, shared on LinkedIn Tuesday that he has been appointed senior account executive for federal sales at LogicMonitor. As the newest member of LogicMonitor’s public sector team, Merrell will leverage his vast experience in the information technology and services industry in h...
Leidos reported $4.4 billion in fiscal year 2024 fourth-quarter revenue, up 10 percent from the prior-year period, and saw its full-year revenue rise 8 percent year-over-year to $16.7 billion, driven by robust demand across all customer segments, particularly for managed health services. In an earnings release published Tuesday, the defense an...
Maximus reported $1.4 billion in fiscal year 2025 first-quarter revenue, up 5.7 percent from the prior-year period, and organic growth of 6.3 percent due to contributions from the U.S. federal services segment. In an earnings release published Thursday, the Tysons, Virginia-based government services contractor said its operating margin for the first...
Todd Schroeder, an industry veteran with over 20 years of technology and leadership experience, shared on LinkedIn Saturday that he has been appointed vice president of federal government at Databricks. Who Is Todd Schroeder? Schroeder is a seasoned executive with deep understanding of technology management, information technology upstream...
Executive Mosaic’s GovCon Index started February on a losing note, ending lower Friday at $4,805.44 (-0.10%) following a fourth daily loss in five trading sessions. The week also saw breakouts of individual constituents and steep losses by defense stocks. The index, which tracks the stock performances of 30 major government contractors, lost -1.83...
HII reported $3 billion in fourth-quarter revenues for fiscal 2024 and saw its full-year revenue increase 0.7 percent to $11.5 billion. In an earnings release published Thursday, the military shipbuilding company logged $12.1 billion in new contract awards and ended the year with a total backlog of approximately $48.7 billion. HII recorded quarterly...
Honeywell has announced plans to separate its automation and aerospace technologies businesses into two standalone public entities as the multinational conglomerate continues to simplify its operating structure and optimize its portfolio to drive growth. The move came four months after Honeywell announced plans to spin off its advanced material...
Mike Marshall, a former principal and health market business leader at Booz Allen Hamilton, has joined technology consulting and partner training provider Fedstack as senior vice president for client solutions. The company said Thursday Marshall’s hiring is geared toward establishing its position as an integral partner to federal clients. R...
Vehicle software supplier Applied Intuition has acquired autonomy software provider EpiSys Science, also known as EpiSci. The companies said Thursday the move is part of a strategy to position Applied Intuition’s defense business as one of the leading developers of autonomy software for all-domain applications. The acquisition deal will see Ep...
