Parsons has acquired Maryland-based Sealing Technologies for up to $200 million. At closing, Parsons is paying $175 million with $25 million payable in the first quarter of fiscal year 2025 if 2024 revenue targets are met. SealingTech is projected to generate $110 million in revenue in 2024. According to Carey Smith, CEO, president and board […]
Srini Iyer, senior vice president and chief technology officer at Leidos Health Group and a 4×24 member, said cloud service providers and users share responsibility for securing environments. In an interview with Federal News Network, he explained that while CSPs should deliver reliable infrastructure, organizations using applications or handling data within those environments must maintain […]
RTX company Raytheon has awarded a $200 million follow-on, full-rate hardware production and sustainment contract to advanced radio frequency technology provider CAES. Under the award, CAES will continue supplying fully tested radar modules for the U.S. Navy’s AN/SPY-6 family of radars to which Raytheon holds a five-year manufacturing contract. Raytheon and CAES have been partners […]
Amazon Web Services has agreed to provide expertise and services to enhance public-sector usage of Virginia-based Science Applications International Corp.’s secure cloud solutions on GovCloud environments. SAIC CEO Nazzic Keene, a 4×24 member, said the collaboration affords her company the resources to expand a team developing secure cloud migration and edge capabilities for customers. Keene […]
HII Mission Technologies has appointed Ahmed Ayad as chief growth officer. Andy Green, HII executive vice president and president of HII Mission Technologies, said Ayad will oversee the division’s growth strategy and help customers solve national security challenges. Green, a 2023 Wash100 awardee and a 4×24 member, added that Ayad’s expertise in strategic growth, capture […]
Martin Klein, a 4×24 member, has returned to ECS as vice president of analytics and artificial intelligence. His responsibilities include overseeing strategic digital transformation initiatives in the defense and intelligence markets. According to his LinkedIn profile, he first joined the company in August 2017 as a program manager then worked his way up to become […]
Space & Technology Solutions, a joint venture of KBR and Intuitive Machines, has received the Omnibus Multidiscipline Engineering Services III contract from NASA. The OMES III contract, which has a total value of $719 million, aids the space agency’s Exploration and In-space Services projects division and the primary support vehicle for the Joint Polar Satellite […]
Tyto Athene has appointed John West as vice president of business development and strategy. West, a 4×24 member, will oversee Tyto’s business relationships and guide the company’s strategic vision. According to West, the company’s size and leadership put the organization in a position to adapt to changes in the market and make and implement decisions […]
HII’s Mission Technologies division has introduced a prototype cyber threat hunting kit that can detect and combat threats on U.S. networks and the systems of mission partner countries. Grant Hagen, president of HII’s cyber, electronic warfare and space business group and a 4×24 member, said the company formed a team with extensive expertise to develop […]
V2X recorded $977.9 million in revenue in the second quarter of 2023, representing a 10.2 percent on-year increase. Chuck Prow, president and CEO of V2X and a 2023 Wash100 winner, said revenue growth was made possible by new contract awards, program expansions and $520 million in successful military contract recompetes. Prow, a 4×24 member, noted […]
