In recent months, the Department of Defense has placed greater emphasis and importance on artificial intelligence. The technology has been included on the White House’s critical and emerging technologies list, and the department in December created a new position meant to oversee artificial intelligence, digital-focused initiatives and data. Now...
Last week, Senators introduced a new legislative package that combines aspects of the Cyber Incident Reporting act, the Federal Information Security Modernization Act of 2021 and the Federal Secure Cloud Improvement and Jobs Act into a more comprehensive, robust and up-to-date bill that is expected to be more likely to pass into law than each...
NASA has announced funding and collaboration opportunities for companies that want to help the agency mature technologies for use in future space missions in near-Earth and lunar destinations. The agency said Tuesday it will award as much as $200 million in Space Act Agreement funds through the Tipping Point initiative, which has supported 50 projec...
Executive Mosaic is honored to present Roger Krone, chairman and CEO of Leidos, as a recipient of the 2022 Wash100 Award and the only nine-time winner of the most prestigious award in all of government contracting (GovCon). “Roger Krone is the winningest member of the GovCon community,” said Jim Garrettson, CEO of Executive Mosaic and...
Despite a noticeable dip in air travel over the past two years due to COVID-19 restrictions, the aviation industry still produces a significant percentage of U.S. greenhouse gas emissions, and the Federal Aviation Administration is working to enact transformative change across aviation organizations to accelerate the adoption of sustainability initi...
Fluor (NYSE: FLR) has secured a spot on the General Services Administration’s Multiple Award Schedule that allows the company to compete for task orders in two categories under the 20-year governmentwide indefinite-delivery/indefinite-quantity contract. The company said Wednesday it is now eligible to provide facilities support and professiona...
The Department of Defense is ramping up its modernization efforts with critical funding boosts and newly created senior executive roles to match the speed of rapid global developments and combat urgent pacing challenges. Defense spending for fiscal year 2022 has increased by five percent from the previous fiscal year’s defense policy measure. In D...
Mac Curtis, former chairman of the board, president and CEO of Perspecta and a seven-time Wash100 Award winner, has joined San Diego-based defense and transportation contractor Cubic as chairman of the board. Stevan Slijepcevic, most recently president of electronic solutions at Honeywell’s (Nasdaq: HON) aerospace business, has been named presiden...
Plymouth, Michigan-based optical technology supplier EOTech has bought Intevac‘s (Nasdaq: IVAC) photonics unit for approximately $100 million in upfront cash and future earnout payments. Intevac said Monday it also negotiated a six-month transaction service agreement with EOTech and intends to focus on the thin-film equipment market following ...
Mynaric, a Germany-based maker of laser communications systems for government and commercial aerial and spaceborne applications, targeted to raise $75.9 million through an initial public offering of 4 million American depositary shares at a price of $16.50 apiece. Mynaric said Friday it kicked off trading on the Nasdaq Global Select Market under the...
