CAE (NYSE: CAE) has agreed to sell its health care business unit to Chicago-based Madison Industries for approximately $226.3 million as the Canadian aerospace and defense company seeks to focus on its core training and simulation markets. Both companies expect to close the transaction before the end of fiscal year 2024, subject to closing condition...
Justin Woulfe is the chief technology officer of Systecon North America, a company focused on bringing cutting edge lifecycle management and operational readiness services to a variety of industries, including the defense sector. Since we last spoke with Woulfe in January, he and his cohort have been busy: they’ve successfully secured and...
Michael Moore, principal of partner solutions and technology at Neo4j, said government agencies looking to uncover insights into security vulnerabilities should consider adopting a graph database platform that could provide an “explicit treatment of the relationships between data points” and a “traversable, networked view of their data.” In ...
Today, the influence of technology on homeland security is stronger than ever before. With cyberattacks now intertwined with more traditional homeland security threats, the U.S. Department of Homeland Security is racing to adopt the technologies necessary to tackle a shifting array of challenges. At the Potomac Officers Club’s 2023 Homel...
Lockheed Martin (NYSE: LMT) has dropped plans to compete for the U.S. Air Force’s KC-135 aerial refueling fleet recapitalization program after it decided not to respond to a request for information. Lockheed partnered with Airbus on the recapitalization program, offering the LMXT strategic tanker based on the latter’s A330 Multi Role Tanker ...
With technology advancing rapidly and new threats taking shape, zero trust, a security strategy based on continuous authentication, has become a major priority for the Department of Defense. In November 2022, the department solidified its zero trust push with the release of the Zero Trust Strategy and Implementation Roadmap. According to J...
United Concordia Companies has received a potential six-year, $3 billion contract from the Defense Health Agency to provide dental health services for Military Health System beneficiaries under the Tricare program. The DHA’s managed care contracting division in Aurora, Colorado, will fund the indefinite-delivery/indefinite-quantity contract using ...
RTX (NYSE: RTX) has secured a $96.3 million contract modification from the U.S. Navy to design and engineer a sensor network with situational awareness and integrated fire control capability for domestic and international military customers. The modification covers design agent and engineering support and exercises options for other direct costs for...
Top government contracts won by Albers Aerospace have benefited the government, providing aerospace products and services. The company brings advanced technology, innovation, and growth initiatives across the federal industry. Recent Top Government Contracts Won By Albers Aerospace Albers Aerospace has been helping federal government a...
Hypersonic weapons are capable of traveling at five to 25 times the speed of sound. Generally the term refers to a specific class of missiles, which includes hypersonic glide vehicles, hypersonic cruise missiles and ballistic missiles. Under Secretary of Defense for Research and Engineering Heidi Shyu recently articulated the Department of Defense...
