Shankar Rachkonda has been an entrepreneur at heart for a long time, so it wasn’t a question if he was going to start a business, just a matter of when. After earning a mechanical engineering bachelor’s degree and a Ph.D. in engineering, he built a career working in large businesses serving government and commercial entities as...
Aerospace startup JetZero will develop a blended wing body aircraft prototype for the Department of the Air Force under a potential four-year, $235 million contract from the Defense Innovation Unit. The full-scale technology demonstrator is projected to take its maiden voyage in the first quarter of 2027 to validate the BWB design concept and demons...
BAE Systems is in discussions with Westminster, Colorado-based Ball Corp. (NYSE: BALL) to purchase the latter’s aerospace division in a potential deal worth more than $5 billion. If an agreement is reached, the British defense contractor would take over the business that manufactures instruments and sensors for military, aerospace and national...
As the global defense landscape shifts, the U.S. Department of Defense must adapt its strategies, tactics and priorities accordingly. Executive Mosaic spoke with Airbus U.S. Space and Defense Chairman and CEO Rob Geckle in a new video interview to get a better understanding of the trends shaping the future of defense and how they’re impacting th...
The first chapters of Jason Schulman’s career were in commercial sales, until he had a revelation prompted by a “spiritual awakening” at a Neil Young concert, that he needed to say “yes” to more opportunities. Afterward, he decided to pursue an opportunity in his employer’s public sector organization supporting the federal government. Th...
Teleidoscope has secured a potential $100 million contract from the Department of Defense to proceed with the production of a prototype visual recognition and identification system. The artificial intelligence-based camera previously received funding from the Accelerate the Procurement and Fielding of Innovative Technologies program earlier this yea...
Markon has officially separated from its parent company Anser Advisory to focus on pursuing management consulting and professional support opportunities in the federal market. Ray Carney transitioned to the CEO position at Markon from his prior chief delivery officer role and will work closely with a new leadership team to help public sector custome...
Renewable energy provider Ameresco (NYSE: AMRC) and investor-owned utility holding company Pinnacle West Capital (NYSE: PNW) have agreed to develop a microgrid system to provide backup power for the U.S. Army and California National Guard. The first stage of the companies’ two-phase agreement involves Ameresco’s acquisition of an energy ...
Michele Flournoy, co-founder of Washington, D.C.-based consulting firm WestExec Advisors and a former Department of Defense official, has been appointed to Rivada Networks‘ board of directors. Flournoy said in a statement released Thursday she aims to help Rivada “transform the global communications landscape” with its OuterNET satellite n...
Aeyon has won a task order to provide strategic workforce integration support services to the Office of the Assistant Secretary of the Navy Financial Management and Comptroller. The award encompasses program management, strategic communication and guidance support for talent acquisition and management, workforce integration, employee engagement and ...
