GovConWire's Government Contracting News 1/27/2023

News

2023 Wash100 ‘Popular Vote’ Competition Begins

Executive Mosaic has kicked off its popular vote competition for the 10th annual Wash100 class of leaders who are growing in prominence across the government contracting sector for their vision, achievement and innovation. The 2022 edition of GovCon’s most powerful accolade garnered approximately 33,500 votes from readers of our publications and executive peers. Three-time inductee Lauren

Cybersecurity

CISA Warning: Inside Cybercriminals’ Latest Hacking Method Putting US Agencies at Risk

Digital transformation and the adoption of emerging technologies have served as major catalysts for innovation and progress for the federal government in recent years. However, as agencies move to the cloud, capabilities extend to the tactical edge and remote work continues, the traditional perimeters of an organization are extending and even disappearing. In this era

Financial Reports

Northrop Posts 16% Rise in Q4 Revenue; Kathy Warden Offers Update on B-21 Raider Program

Northrop Grumman (NYSE: NOC) reported $10 billion in revenue for the fourth quarter of 2022, up 16 percent from $8.6 billion in the prior-year period, and a 3 percent increase in organic sales for the full year ended Dec. 31. The Falls Church, Virginia-based aerospace and defense contractor said Thursday the sales growth was driven

Executive Moves

SkyePoint Names Heather Conigliaro as Chief Strategy Officer, Heather Newlin as COO

Heather Conigliaro SkyePoint Decisions, a cybersecurity architecture and engineering services provider, has appointed company veteran Heather Conigliaro as chief strategy officer and hired industry professional Heather Newlin as chief operating officer. Conigliaro brings to the role over two decades of leadership experience as she oversees SkyePoint’s corporate strategic priorities and people operations, the company said.

Executive Moves

Jacobs Selects Claudia Jaramillo as Successor of EVP & CFO Kevin Berryman

Claudia Jaramillo, executive vice president of strategy and corporate development at Jacobs (NYSE: J), has been chosen to assume the role of EVP and chief financial officer effective Aug. 14. The company said Thursday she will succeed outgoing CFO Kevin Berryman, who will stay on as adviser to CEO Bob Pragada. Jaramillo, who was appointed

M&A Activity

AEI Buys Majority Stake in Cybersecurity Services Provider REDLattice; Jeffrey Hart Quoted

AE Industrial Partners has purchased a controlling stake in cyber technology company REDLattice through its third fund that launched in November 2022. John Ayers, founder and CEO of REDLattice, and Kevin Rummel, president and chief operating officer, will stay and keep significant ownership stakes in the company, AEI said Thursday. Chantilly, Virginia-based REDLattice has been

Contract Awards

Sikorsky Secures $657M Army Contract Modification for UH-60M Helicopters

Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a $656.8 million modification under an U.S. Army contract for the production and delivery of UH-60M Black Hawk helicopters to Australia. The Australian government obligated the full amount of the award through the Department of Defense’s foreign military sales program, according to a DOD notice posted Thursday.

Executive Moves

Mark Kenny Appointed Ultra Maritime Strategy & Business Development SVP

Mark Kenny, formerly a vice president at L3Harris Technologies (NYSE: LHX), has been appointed senior VP of strategy and business development at Ultra Electronics‘ maritime division. The retired U.S. Navy admiral will report to Carlo Zaffanella, president and CEO of Ultra Maritime, and will work in the Washington, D.C. area to oversee Ultra Maritime’s technical

Contract Awards

Curtiss-Wright Subsidiary Receives $287M IDIQ Award to Help Maintain Air Force Flight Test IT Platform

A Curtiss-Wright (NYSE: CW) subsidiary has received a $287.1 million indefinite-delivery/indefinite-quantity contract to help the U.S. Air Force sustain a system for processing flight test data. Under the five-year contract, Curtiss-Wright Defense Solutions will provide commercial supplies and sustainment services to USAF’s High-Speed Data Acquisition System, the Department of Defense said Thursday. The contractor will also

C4ISR

US Arms Sales Reach $52B in 2022 as Allies Bolster Arsenal; DSCA’s James Hursch Quoted

The Department of Defense’s arms sales grew by almost 50 percent in fiscal year 2022 due in large part to foreign military transactions in Asia and Central Europe, DOD News reported Wednesday. Data from the Defense Security Cooperation Agency showed an increase in sales from $34.81 billion in 2021 to approximately $52 billion last year.

GovConWire's Government Contracting News 1/27/2023

2023 Wash100 ‘Popular Vote’ Competition Begins

CISA Warning: Inside Cybercriminals’ Latest Hacking Method Putting US Agencies at Risk

Northrop Posts 16% Rise in Q4 Revenue; Kathy Warden Offers Update on B-21 Raider Program

SkyePoint Names Heather Conigliaro as Chief Strategy Officer, Heather Newlin as COO

Jacobs Selects Claudia Jaramillo as Successor of EVP & CFO Kevin Berryman

AEI Buys Majority Stake in Cybersecurity Services Provider REDLattice; Jeffrey Hart Quoted

Sikorsky Secures $657M Army Contract Modification for UH-60M Helicopters

Mark Kenny Appointed Ultra Maritime Strategy & Business Development SVP

Curtiss-Wright Subsidiary Receives $287M IDIQ Award to Help Maintain Air Force Flight Test IT Platform

US Arms Sales Reach $52B in 2022 as Allies Bolster Arsenal; DSCA’s James Hursch Quoted

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