GovConWire's Government Contracting News 8/1/2022

Karen Dahut, president of the global defense sector at Booz Allen Hamilton (NYSE: BAH) a two-time Wash100 winner, will retire from the company on Oct. 31 after a two-decade career, Booz Allen President and CEO Horacio Rozanski announced Friday in the company’s fiscal 2023 first quarter earnings call. Rozanski, a two-time Wash100 Award winner, said

Northrop Grumman (NYSE: NOC) has won a potential five-year, $3.29 billion contract from the Missile Defense Agency to design, build, test and deploy a next-generation weapon system for defending against ballistic missile strikes. The company will aim to produce Ground-Based Midcourse Defense software and hardware that would exceed the performance of the current GMD platform,

Seven large companies and two small businesses won spots on a potential five-year, $1.31 billion contract to help the U.S. Navy operate and maintain training systems. The firm-fixed-price, indefinite-delivery/indefinite-quantity vehicle covers simulator contractor O&M and instructional services, training systems management, product support and other related services for the Naval Air Warfare Center Training Systems Division,

General Dynamics (NYSE: GD) logged a $766 million profit for the second quarter of its 2022 fiscal year and $9.2 billion in revenue, figures respectively 3.9 percent higher and relatively flat compared to the same period last year. The Reston, Virginia-based defense contractor said Wednesday earnings totaled $2.27 per share, up 5.4 percent from the

In the most recent Executive Spotlight interview, ExecutiveBiz spoke with Dan Deans, executive vice president and chief growth officer at Axient, to talk about the company’s growth initiatives including its creation of five customer-focused business segments. The Q&A also tackled Axient’s target of eclipsing $600 million in annual revenue this year as well as its

A General Atomics business will provide the U.S. Army with engineering and technical services in support of its unmanned aircraft systems through July 27, 2027. General Atomics Aeronautical Systems Inc. was awarded a five-year, $456.2 million cost-plus-fixed-fee contract to provide the services needed to conduct UAS research and development efforts as well as perform integration,

Moderna (Nasdaq: MRNA) has received a potential $1.74 billion contract to initially produce and deliver 66 million doses of its COVID-19 vaccine booster candidate to the U.S. government. The contract calls for the delivery of the initial doses in 2022 and includes options for the government to buy 234 million more doses of Moderna’s mRNA-1273.222

Alan Masarek, a three-decade software and cloud technology industry veteran, has assumed the dual role of president and CEO at Avaya (NYSE: AVYA). He succeeds Jim Chirico, who departed the company after nearly 15 years of service, and will also serve as a member of the board of directors, Avaya said Thursday. Masarek joins the

TYSONS CORNER, VA, Aug. 1, 2022 — Northrop Grumman (NYSE: NOC) looks to expand its defense market footprint with a 113,000-square-foot missile integration facility that is currently being built in West Virginia and is planned to accommodate the second lot of a U.S. Navy missile low rate initial production, ExecutiveBiz reported. “Northrop Grumman’s investments in