Executive Mosaic has appointed Jen Sovada, president of public sector at SandboxAQ, as chairman of the Quantum Group for its 4×24 executive leadership program. The 4×24 program is a widely-attended series of networking and dinner events designed for groups of senior-level industry executives and government leaders to foster...
By Chuck Brooks, President of Brooks Consulting International Cyber awareness means strong risk management While it is true that anyone and everyone is vulnerable to cyber-attacks, there are available protections and defenses for helping mitigate those threats. It starts with having a risk management strategy and being proactive. Because of the emer...
The U.S. Department of the Air Force is looking toward a revised strategy in how it goes about procuring technologies from industry partners and encouraging innovation in the commercial sector. In order to speed up the fielding and implementation of new tools, DAF leaders are turning to alternative sources for products and services. “We have...
The Federal Trade Commission and the Department of Justice are seeking public comments on a draft update of guidelines meant to help federal regulators determine if merger and acquisition deals affect U.S. market competition. FTC said Wednesday the draft enforcement manual outlines 13 guidelines agencies may use to determine whether a proposed...
A Lockheed Martin (NYSE: LMT) subsidiary has won a $220.8 million other transaction agreement to build a prototype of high-energy laser technology for the U.S. Army’s ground-based Indirect Fire Protection Capability weapon system. Aculight will provide development, integration, manufacturing, testing and delivery services to the IFPC-HEL progr...
Lockheed Martin (NYSE: LMT) logged an 8 percent increase year-over-year in fiscal 2023 second-quarter net sales to $16.7 billion, net earnings of $1.7 billion or $6.63 per share and a record backlog of $158 billion. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it returned $1.5 billion to shareholders in the form of cash...
Intel’s (Nasdaq: INTC) foundry business has added Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) to the second phase of the Department of Defense’s Rapid Assured Microelectronics Prototypes-Commercial program. Northrop and Boeing will join IBM (NYSE: IBM), NVIDIA (Nasdaq: NVDA), Microsoft (Nasdaq: MSFT), Qualcomm (Nasdaq: QCOM) and other RAM...
Oshkosh‘s (NYSE: OSK) defense subsidiary will manufacture 116 more Enhanced Heavy Equipment Transporter System trailers for the U.S. Army under a $57 million order. The additional EHETS order is part of a competitively awarded contract in September 2022, worth potentially $263.2 million over five years, the company said Tuesday. Dutch trailer ...
Each year, the federal government allocates substantial funding toward defense and security contracts. Government agencies, such as the Department of Defense and the US Armed Forces, tap into the expertise of multiple companies dedicated to developing and providing cutting-edge solutions for defense and warfare initiatives across various domains, su...
Semiconductor chips underpin nearly every technology, weapon system and digital capability across the Department of Defense, making them increasingly important for a wide array of government and military missions. However, the United States’ production of these chips has fallen in recent decades, threatening our technological standing on the globa...
