Frontgrade Technologies, a portfolio company of Veritas Capital, has acquired radio frequency amplifier technology provider Aethercomm in a deal aimed at complementing Frontgrade’s aerospace and defense electronics portfolio. The acquired entity will operate as Frontgrade Aethercomm and be led by Todd Thornton as general manager, the parent co...
Data is continuously transforming all facets of the modern battlefield, and recognizing its potential, the U.S. Army is working to unlock the benefits it offers for the warfighter. One area in which data has huge potential is contested logistics, which has evolved along with technology. “When you hear ‘contested logistics,’ itR...
Hypersonic weapons have become a major priority for government and military leaders as the United States’ key competitors advance their own hypersonic capabilities and threaten America’s technological dominance. During the Potomac Officers Club’s 8th Annual Army Summit, the Honorable Doug Bush, assistant secretary of the Army f...
As data’s influence on the battlefield grows, the U.S. Army has zeroed in on its cloud capabilities to deliver this critical component of decision making to the edge. To advance this goal, the service branch established its Enterprise Cloud Management Agency, which is now home to several cloud architectures. “I will argue that we’ve been ...
Oshkosh‘s (NYSE: OSK) defense subsidiary has booked a $201 million award from the U.S. Army to build more Family of Medium Tactical Vehicles A2. To date, the service has placed $858 million in orders of the vehicle, equivalent to 2,000 A2 and 982 trailer units, the company said Thursday. The FMTV A2 is designed with...
Metropolitan Security Services Inc., doing business as Walden Security, has won seven contracts worth $1.93 billion combined from the U.S. Marshals Service to provide protective services to U.S. courthouses. The awards cover court security officer staffing in the 2nd, 6th, 7th and 9th through 12th federal judicial circuits, according to USMS notices...
Andrew Brown, a software industry veteran with almost three decades of experience, was appointed senior vice president and chief revenue officer of Red Hat, where he will take over Larry Stack starting Oct. 1. The Raleigh, North Carolina-based software company said Thursday Brown will develop global go-to-market strategy for the company and have ove...
HII (NYSE: HII) saw its second-quarter revenue for fiscal year 2023 climb 4.7 percent to $2.8 billion and reported net earnings of $130 million and diluted earnings per share of $3.27 for the quarter. The military shipbuilding company said Thursday Q2 new contract awards reached about $2.6 billion and that it ended the quarter with...
Maximus‘ (NYSE: MMS) U.S. federal business posted $584 million in revenue for the third quarter of its 2023 fiscal year, up 11 percent from the prior-year period and the company attributed the increase to its work with the Department of Veterans Affairs. The Tysons, Virginia-headquartered government services provider said Wednesday that total ...
Quantum computing is not a new field by any means, but its impact and potential are still largely unknown. In the next few decades, experts believe quantum developments will have significant, game-changing implications in a myriad of fields, and the capabilities quantum unlocks will be critical for the country’s technological power. However, quant...
