DLH Holdings Corp (DLHC) News & EventsDLHCNews & EventsDLH Holdings Corp

DLH Holdings Appoints Kathryn JohnBull as New CEO

DLH Holdings announced Zach Parker will retire from the role of CEO. The board has appointed Kathryn JohnBull as CEO and Steve Oroho as CFO. Parker will retire as DLH's CEO and president effective at the close of business on June 30. Parker will remain with the company as an advisor to the board and incoming CEO through the end of the current fiscal year. He will continue to serve as a member of the board and beginning in FY27 will serve as a consultant to the company. JohnBull joined DLH as CFO in 2012. Oroho joined DLH in 2018 and has served as senior VP, finance and accounting.

DLH Holdings Awarded U.S. Navy Logistics IT Contract Worth $250M

DLH Holdings announced that it has been awarded a multiple-award indefinite delivery/indefinite quantity contract to provide a full range of logistics information technology services for U.S. Navy integrated platforms and DevSecOps pipelines. The Logistics IT Integration and Support Capability Modernization Deployment, and Support MAC is administered by Naval Air Systems Command. Services may include design, development, testing and evaluation, training, service desk request fulfillment, deployment, hardware and software configuration, and other related tasks. DLH is one of multiple prime awardees on the contract, which includes a base period of five years. The contract has a ceiling of $250M for all awardees. Task orders are expected to be released under the contract, for which DLH expects to compete.

DLH Holdings Files New Shelf Registration Statement

DLH Holdings announced that it has filed a new shelf registration statement on Form S-3 with the United States SEC to replace its expiring shelf registration statement. The registration statement was filed on June 4, and will become effective upon successful review by the SEC. If and when it is declared effective, the registration statement will allow DLH to offer and sell, from time to time, up to $100M of its equity securities; however, there are no current plans to do so. The company has not issued any securities under the expiring registration statement. DLH filed the shelf registration statement to provide efficient access to equity markets if circumstances arise that would make the sale of securities advantageous to the company.