RTX reported fiscal 2024 third-quarter sales of $20.1 billion, 8 percent organic sales growth and $2 billion in free cash flow. In an earnings report published Tuesday, the Arlington, Virginia-based aerospace and defense contractor posted a record backlog of $221 billion with the defense segment accounting for $90 billion of that backlog. The compan...
In the world of government contracting, small business owners and government contractors face a crucial decision when it comes to choosing the right contract type. Understanding the differences between Other Transaction Authority (OTA) contracts and Federal Acquisition Regulation (FAR) based contracts is essential for making informed decisions that ...
The space domain is evolving rapidly. New commercial entrants, rising military activity and growing threats are shaping the space domain, prompting government contractors to rethink their approaches and prioritize speed. Executive Mosaic sat down with 2024 Wash100 Award winner Maria Demaree, vice president and general manager of National Security ...
The U.S. Navy has awarded CACI International a task order valued at up to $805 million to provide engineering services and technologies in support of the NavalX Office. The five-year award will enable NavalX to enhance operational performance and integrate multi-domain systems, CACI said Monday. Under the deal, the Reston, Virginia-based contractor ...
Terri Malone, senior vice president and chief growth officer of Serco, has been chosen to chair Executive Mosaic’s 4×24 BD Group. The 4×24 executive leadership program offers a space in which government contracting industry leaders and federal officials can join forces to tackle key public sector challenges together. 4×24 dinners ...
Jay Hadley, a senior vice president at CGI, was named lead of the regulatory agency programs business unit at the company’s federal business arm, the executive announced in a LinkedIn post Monday. According to the SVP’s profile, he is responsible for leading the development and execution of the business and product strategy for a diverse...
Advanced engineering and technology company Amentum over the last year merged with two Jacobs businesses to form what Raymond James Equity Capital Markets Managing Director Brian Gesuale calls the “biggest solutions provider in this space, if you look at scale against all the peers in the public markets.” This dominance is achi...
John Boyle, a C-level executive with extensive experience in federal contracting and technology sectors, was appointed CEO of Lawelawe Defense Inc., a Native Hawaiian-owned Small Business Administration certified 8(a) small disadvantaged business, GovCon Wire has learned. Boyle will drive innovation and strategic growth for Lawelawe Defense, expand ...
The U.S. Space Force has awarded two task orders worth $733.6 million combined to SpaceX to provide Lane 1 launch services as part of the third phase of the National Security Space Launch program. The service said Friday the awards mark the first two Lane 1 launch service task orders, or LSTO, issued by Space...
The Defense Advanced Research Projects Agency has issued a request for information to identify top-tier investors that could be invited to participate in Venture Horizons, an initiative that seeks to provide them an opportunity to engage with DARPA’s subject matters and invest in the agency’s portfolio of technologies. According to the RFI initi...
