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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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CACI International has released its financial results for the third quarter of its fiscal year 2024, during which the company demonstrated what President and CEO and 2024 Wash100 winner John Mengucci described as "outstanding performance." CACI reported Wednesday that it had generated $1.9 billion in revenue during the period, an 11.1 percent improvement year-over-year, and $115.4 million in net income, a 14.5 percent improvement year-over-year.

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This is an article about a satellite communication company called Lynk. The company offers a service that allows users to connect to their phones via satellite, without needing to change their existing mobile network operator. Lynk’s technology is patented and commercially licensed. The article also details a recent contract with the U.S. government.

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Hitachi Vantara Federal's data intelligence platform is now available via a Department of Defense digital marketplace that facilitates the adoption and procurement of artificial intelligence, machine learning and other emerging technologies within the DOD. The Pentaho platform earned an "Awardable" rating on the Tradewind Solutions Marketplace, following competitive processes aligned with federal requirements, the data management and analytics firm said Wednesday.

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BAE Systems' combat mission systems business is set to start building its new site in Maple Grove, Minnesota here, with completion expected in 2025. The 236,000-square-foot facility will showcase advanced technology and infrastructure as well as energy-efficient designs in line with the company's carbon neutrality goal by 2030, BAE Systems said Tuesday.

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Textron's aviation business will manufacture and deliver 14 Textron's Multi-Engine Training System aircraft to the U.S. Navy under a $121.3 million contract modification. The Navy, Marine Corps and Coast Guard will use the aircraft as an intermediate and advanced training platform for the service branches\' P-8, EP-3, KC-130, E-6, E-2, CMV-22 and MV-22 aircraft, the Department of Defense said Thursday.

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Oracle has unveiled a new cloud-based financial management tool designed to address business, reporting and audit requirements of U.S. federal government agencies. Built on Oracle's cloud-based enterprise resource planning software, the Oracle Cloud Federal Financials has embedded artificial intelligence and machine learning capabilities that work to enable federal agencies to gain insights into their financial data to inform decision-making and business optimization initiatives, Oracle said Thursday.

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Principal Deputy Chief Information Officer of the Department of Defense Leslie Beavers was presented with her 2024 Wash100 Award on stage at the Potomac Officers Club’s 5th Annual CIO Summit by Executive Mosaic CEO Jim Garrettson last week.

Of Beavers, Garrettson said: “She has played a pivotal role in the DOD’s customer and user experience initiatives, and she’s well-known for being a changemaker in the department. We’re thrilled to welcome Leslie into the 2024 Wash100 Class for her first year of recognition.”

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Brian Gumbel, a seasoned leader in the cybersecurity industry, has joined Dataminr as chief operating officer. In his new role, Gumbel will leverage his over two decades of experience in the field to guide growth efforts within the company, Dataminr announced from New York, New York on Thursday. Dataminr is sponsoring the Potomac Officers Club's 2024 Cyber Summit on June 6. Click here to learn more and register for the event. More

Communication software provider Ecrio has entered into a strategic partnership with semiconductor manufacturer Intel to enable mission-critical connectivity and communication use cases for private 5G networks.

Join the Potomac Officers Club's 2024 5G Forum on May 22 to learn about how the responsible implementation of 5G plays a critical role in building a more secure and connected future for the U.S. Register here!

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Iron Bow Technologies has promoted Kevin Greene, one of its founding members, to vice president of business development. Rene LaVigne, CEO of Iron Bow and a Wash100 awardee, said in a press statement Tuesday, “As we continue to expand our business development efforts, Kevin will play a pivotal role in helping us disrupt the industry by delivering technology with a purpose and a focus on client outcomes and mission-centered solutions.”

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Iridium CEO Matt Desch accepted his 2024 Wash100 Award in a recent meeting with Executive Mosaic CEO Jim Garrettson, who founded the award. Wash100 annually recognizes government contracting industry executives that have exhibited exceptional leadership. These individuals are identified using an intense selection process that evaluates the impact of each nominee’s past accomplishments as well as their potential to continue shaping the GovCon field.

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