Tag Archives: finance

Raj Parameswaran, president of U.S. federal information technology at Maximus, said robotic process automation could help government agencies facilitate the delivery of services to citizens while allowing employees to focus on more complex tasks. “RPA will continue to grow as a valuable tool for government IT leaders because it allows the immediate expansion and scaling of human labor without impacting existing systems,“ Parameswaran wrote in a guest piece published Friday on GCN.

ICF reported fourth quarter and full year results, which ended Dec. 31, 2020, on Thursday. The company's total revenue for 2020 amounted to $1.51 billion, increasing 1.9 percent over the $1.48 billion reported for full year 2019. "In 2020, one of the most challenging business periods in recent history, ICF reported 4 percent year-on-year growth in service revenue, and won a record $2 billion in contract awards, laying the foundation for strong future growth,“ said John Wasson, chairman and CEO of ICF and a 2021 Wash100 Award recipient. 

NetImpact Strategies has appointed Venkatapathi "PV" Puvvada, former president of Unisys Federal and six-time Wash100 Award recipient, to serve as CEO, the company reported on Tuesday. Puvvada will succeed NetImpact's founder, Kavita Kalatur, who will remain as chairperson, providing oversight and supporting NetImpact's strategic initiatives.

Northrop Grumman has reported its 2020 financial results. The company's fourth quarter sales increased 17 percent to $10.2 billion while its annual sales grew 9 percent to $36.8 billion. "Our team continues to show resilience and agility,“ said Kathy Warden, chairman, CEO and president of Northrop Grumman and 2020 Wash100 Award recipient. 

AECOM has appointed Jennifer Aument as chief executive of the company's global transportation segment and Drew Jeter as chief executive of its global program management business. Aument's appointment will take effect April 5 and Jeter's selection will begin on Jan. 25. "These appointments complement a diverse Executive Leadership Team advancing our Think and Act Globally strategy,'' said Troy Rudd, AECOM's CEO. 

Accenture's federal services business has been awarded a five-year, $50 million blanket purchase agreement by the U.S. Patent and Trademark Office (USPTO) to operate, maintain and modernize the agency's financial management systems (FMS) for the Office of the Chief Financial Officer (OCFO). “We are proud to support USPTO," said Rasha Nahas, managing director and the U.S. Department of Commerce lead for Accenture Federal Services.

David Mutryn, senior vice president of finance at Maximus, will succeed Richard Nadeau as chief financial officer of the Reston, Virginia-based government services provider on Dec. 1. “[Nadeau's] valued leadership and partnership in driving the long-term strategic direction of Maximus have been critical as we continue our journey of digital transformation, clinical evolution, and market expansion," said Bruce Caswell, president and CEO of Maximus and 2020 Wash100 Award recipient. 

TYSONS CORNER, VA, October 9, 2020 “” Microsoft (Nasdaq: MSFT) hired Diane Nguyen, former vice president of finance at Science Applications International Corp. (NYSE: SAIC), as chief financial officer of its federal business, GovCon Wire reported Sept. 24.

Gary Sladic, vice president of accounting and finance at Noblis, has been selected to lead the finance committee of the U.S. Geospatial Intelligence Foundation's board of directors.

TYSONS CORNER, VA, June 11, 2020 “” Serco Inc., the British contractor's U.S. subsidiary, appointed former Department of Defense Chief Financial Officer and Comptroller Tina Jonas to its board of directors in a move that takes effect July 1, GovCon Wire reported June 3.

K2 Intelligence Financial Integrity Network has appointed Sepideh Rowland as vice president of its financial crimes risk and compliance practice, the company reported on Wednesday. 

Gunnison Consulting Group has appointed Dave Uehlinger to the company's executive leadership team as chief financial officer to lead the finance and accounting division, the company announced on Thursday.

A market study by HexGn shows that startup companies in the U.S. obtained a cumulative value of $100B in funding in 2019.

Tom Minichiello, former chief financial officer at Westell Technologies, is set to take the same role at Emcore starting Aug. 26.

McKinsey and Company‘s government performance research hub has developed a database and benchmarking methodology that works to evaluate the efficiency and effectiveness of government spending in efforts to advance productivity. The company said that the McKinsey Center for Government’s Government Productivity Scope aims to identify public sector productivity opportunities across healthcare, education, public safety, …