The Department of Justice has expanded its efforts to combat cyber threats with the launch of an initiative aimed at cracking down on government contractors that made false cybersecurity-related fraud claims. The new Civil Cyber-Fraud Initiative will leverage the False Claims Act, a civil enforcement tool meant to address fraudulent conduct by compa...
Springbrook Software seeks to expand its capabilities, service coverage and customer base with the acquisition of MAGIQ Software, a New Zealand-based company that delivers cloud offerings to public sector clients in the country, Australia and the U.S. Robert Bonavito, CEO of Springbrook Software, said in a statement published Monday the purchase sup...
An Industrial Growth Partners affiliate has acquired APCT, a supplier of printed circuit board products for various applications such as aerospace and defense electronic systems. APCT, formerly owned by Angeles Equity Partners, is headquartered in Silicon Valley and has a global division that offers offshore production management services, the priva...
TYSONS CORNER, VA, Oct. 6, 2021 — A vice president at Raytheon Technologies‘ (NYSE: RTX) intelligence and space business has talked about how the company provided assistance in analyzing and detecting fire patterns during an ongoing series of wildfires in California by employing its artificial intelligence technology that leverages ensemble ...
Mitre executives Wilson Wang and Jay Schnitzer have assumed senior vice president roles at the McLean, Virginia-based nonprofit research company. Wang will continue to serve as chief financial officer with oversight of the company’s financial analytics, enterprise accounting, contracts and pricing, financial planning and analysis and internal audi...
In an effort to streamline the organization’s overlapping systems and harmonize challenges across centers and directorates, the Defense Intelligence Agency released its standardized framework for a coherent approach in achieving multilevel objectives in June. Lt. Gen Scott Berrier, director of DIA, said the 2021 DIA Strategy co...
NASA has awarded a pair of contracts worth $253.4 million combined to General Electric‘s (NYSE: GE) aviation subsidiary and MagniX USA to develop and demonstrate electrified propulsion systems intended for commercial aircraft. The two companies will participate in the Electric Powertrain Flight Demonstration project within a five-year period, ...
Spirit AeroSystems (NYSE: SPR) has reorganized its operations into three business divisions – defense and space, commercial and aftermarket – and announced leadership appointments as part of efforts to diversify and focus on key growth markets. Duane Hawkins will continue to oversee the defense and space division as president and has been na...
The U.S. Patent and Trademark Office, NASA and the Department of Homeland Security are among the federal agencies that have pursued initiatives to manage a blended workforce during the pandemic. With its 250,000-strong workforce, the DHS is no different from other institutions experiencing the challenges brought on by the COVID-19 pandemic, DHS Chie...
Shaye Brotherton, senior principal of management advisory services at LMI, will lead a panel discussion at an Oct. 7 virtual forum to be hosted by the Potomac Officers Club. Brotherton joined the Tysons, Virginia-based nonprofit consulting firm in 2015 after a five-year career at Addx Corp. Earlier in her career, she worked at the U.S....
