Companies

Parsons elevates new finance chief, current CFO joins board

A former Pentagon acquisition chief also is taking up a seat on Parsons' board of directors.

Companies

At UK airshow, defense execs warn of inflation, supply chains, and worker shortages 

The Biden administration needs to invest in apprentice schools, CEO of top aerospace and defense firm says. 

Companies

L3Harris board adds Goodyear finance exec

The 15-year Goodyear veteran oversees the tire making giant's capital allocation management function.

Companies

Schedule firms up in Booz Allen-EverWatch antitrust case

The judge overseeing the matter says everyone must now get to work on getting evidence they see as helping their arguments.

Companies

AE Industrial, Boeing unveil second venture fund

The investment firm and aerospace giant are expanding on their partnership launched in 2021.

Companies

Lockheed shows candor about today's supply chain challenges

The defense company's reassessment of what those issues mean shows up in its new financial outlook.

Companies

LMI's logistics and supply chain approach puts the focus on 'predictive'

Conversations with customers started with an "a-ha moment" and now focus on getting a better handle on all things logistics, especially the data, according to LMI's chief executive.

Companies

LMI builds for the future with private equity investors

The government consulting firm has landed a consortium of investors to fuel its next phase of growth as a for-profit company.

Companies

Lockheed board adds former DIA chief Vincent Stewart

The four-decade Marine Corps veteran most recently was deputy commander of Cyber Command.

Companies

Federal contractor to pay $9M to resolve cyber-related false claims case

The settlement stems from a 2017 whistleblower lawsuit alleging that Aerojet Rocketdyne concealed its poor cyber hygiene from its government partners.

Companies

Unison receives new private equity backing

The contract and program management software provider's current owner will remain involved.

Companies

Five win seats on $850M counter-WMD program

The Defense Threat Reduction Agency is acquiring services for training and mission rehearsal through the contract.

Companies

Gunnison's board adds former Novetta finance chief

The nearly three-decade federal market veteran has been involved in more than 40 merger-and-acquisition transactions.

Companies

Booz Allen formally stands up ventures arm

Starting out with $100 million in funding set aside for backing tech startups is a signal about how serious the investor is, as one Booz Allen executive in charge of the effort tells us.

Companies

Batsakis, Speigel make their third deal and launch new brand

With the acquisition of Groundswell, they have created a new mid-tier company of the same name that integrates their two previous deals and sets the stage for more.

Companies

Serco names new leader for U.S. business

Dave Dacquino announces his retirement with defense business leader Tom Watson set to take over as CEO of Serco Inc.

Companies

Commercial tech cannot be ignored in the federal market

Technologies made in and for the commercial markets are changing the models for contracts with customers and partnerships with firms in other industries, as a roundtable of GovCon executives has told us.

Companies

Redhorse adds new growth, delivery chiefs

Both hires join the government technology company in the wake of its newest investor's backing.

Companies

Tetra Tech acquires water management software outfit

This is the buyer's latest transaction seeking more synergy between government and regulated markets.

Companies

Tick tock: How Carlyle won the ManTech auction

A change of opinion by ManTech's founder regarding a sale led to a three-round process where legal matters were of equal importance to the financials.