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RTX (NYSE: RTX) saw its fiscal 2023 fourth-quarter sales rise 10 percent to $19.9 billion and recorded a total backlog of $196 billion at the end of the quarter with the defense segment accounting for $78 billion of that backlog....
“Our goal at DARPA is to explore how we can reliably build AI systems we can trust and not be foolish to do so," according to DARPA's Dr. Kathleen Fisher, who runs the agency’s Information Innovation Office.Dr. Fisher will go in-depth on the multi-layered use cases for AI at the 5th Annual AI Summit on March 21st. Register now, so y...
Leading experts in defense technology will come together to share their insights on the current defense research and development ecosystem at the Potomac Officers Club’s 10th Annual Defense R&D Summit on Jan. 31. This year’s edition of the summit features an impressive lineup of keynote speakers and panelists. Click here to register for th...
HII's (NYSE: HII) mission technologies division has secured a five-year, $197 million recompete task order to help the Joint Chiefs of Staff J7 directorate develop joint training capabilities for the Department of Defense. The task order was awarded under DOD's Information Analysis Center contract vehicle and covers research and developmen...
At the World Economic Forum in Davos, Switzerland on Jan. 16, it was revealed that OpenAI and the Department of Defense will be collaborating on artificial intelligence-based cybersecurity technology.To continue the conversation on the most daunting cyber threats and how the government is working with industry to solve them, register and attend th...
In May 2022, the U.S. Navy solidified its focus on unmanned systems with the establishment of the Unmanned Surface Vessel Division One, a unit dedicated to unmanned surface vessels experimentation and fleet advocacy for the surface force. Since then, the service branch has continued to invest heavily in USV research, development and deployment eff...
A HigherGov analysis of government contracting activity showed that federal contracts awarded in fiscal year 2023 reached a record high of $765 billion, reflecting a 9.5 percent growth from FY 2022. The Navy saw the largest jump in contract awards in 2023, recording $154 billion....
Dataminr President of Government Business Dana Barnes recently shared his thoughts with GovCon Wire about the Executive Order on the Responsible Use of AI, where he’d like to see federal legislation on AI go next, company ventures of note and much more.If you're a government contractor and want to go deeper on all things AI in the federal spa...
Global alternative asset firm TPG (Nasdaq: TPG) has agreed to place up to $228 million strategic majority investment in supply chain risk intelligence provider Sayari to support the latter's new platform launch and global expansion efforts. Both companies expect to close the transaction in the first quarter of 2024, subject to customary regulat...
Research and development is a key focus area for the Department of Defense as it works to maintain a competitive advantage in today’s defense landscape, and contracts play a major role in driving R&D efforts forward. Learn more about the current defense R&D contracting landscape at the Potomac Officers Club’s 10th Annual Defense R&...
