Booz Allen Hamilton (NYSE: BAH) reported revenue grew 8.7 percent for the fourth quarter of its 2023 fiscal year to $2.4 billion and annual sales rose 10.7 percent to $9.3 billion. The company said Friday its backlog as of March 31 was $31.2 billion, a 6.7 percent increase from the 2022 figure, and attributed the
Maximus (NYSE: MMS) will provide health and disability assessment services to a U.K. government department responsible for work and pensions policy under a contract worth potentially $1 billion over five years. The Functional Assessment Services contract is scheduled to take effect in 2024 and will include the provision of more than 3.5 million evaluations, Maximus
President Joe Biden and House Speaker Kevin McCarthy on Sunday reached a bipartisan agreement to suspend the debt ceiling for two years, reduce government spending during the period and increase military spending by approximately 3 percent, The Wall Street Journal reported Monday. The deal would curb spending on domestic programs and increase the age of
A consortium of shareholders that purchased U.K.-based satellite communication services provider Inmarsat in 2019 nominated CEO Rajeev Suri and Chairman Andrew Sukawaty to serve as members of the board of directors of Viasat (Nasdaq: VSAT) upon completion of the two companies’ merger. Suri and Sukawaty will step down from their roles once Viasat completes its
Tommy Gardner, chief technology officer at HP Federal and vital participant in Executive Mosaic’s GovCon Expert program, is a seasoned veteran of the government-serving technology space. He has nursed a fascination with engineering since he was a young child, taking after a lineage of mechanical engineers in his father and both grandfathers. His career began
The U.S. Army awarded three companies positions on a five-year, $132 million contract to manufacture full-range practice bullet cartridges. Day & Zimmermann, Nammo and Canadian Commercial Corp. are the awardees on the firm-fixed-price contract, the Department of Defense said Friday. Under the contract’s terms, the companies will compete for task orders to manufacture and deliver
NASA has launched a full and open competition for interested vendors to design and build a next-generation lunar terrain vehicle capable of supporting crewed and uncrewed activities on the moon’s South Pole. The LTV Services contracting program covers the development, delivery and operations of the lunar surface rover for crewed missions beginning with Artemis V
TransDigm Group (NYSE: TDG) has appointed company veterans Mike Lisman and Joel Reiss as co-chief operating officers to succeed Jorge Valladares, who has held the COO post since 2019. Valladares is set to retire as COO at the end of TransDigm’s 2023 fiscal year and has joined the company’s board of directors, the Cleveland-based aircraft
The U.S. Coast Guard is seeking information on small businesses that could provide business and logistics management services to the Command, Control, Communications, Computer, Cyber and Intelligence Service Center and Coast Guard Cyber Command. A notice posted Monday on SAM.gov states that USCG plans to select at least five vendors to help develop policies, standards
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