Erin Butt, a defense industry veteran, has been appointed vice president of business development at Interactive Process Technology Associates, or IPTA. The zero trust digital transformation company said Friday Butt will spearhead the company’s corporate growth proposals and marketing. The executive will leverage her experience in bus...
The Department of Commerce is investing up to $300 million to accelerate the development of technologies to boost the semiconductor industry. The department said Thursday the three entities receiving up to $100 million in federal funding each will conduct advanced packaging research projects meant to boost innovation in semiconductor research, ...
Executive Mosaic’s GovCon Index ended higher Friday at $5,212.93 (+0.37%) as it continues to rebound from its worst weekly performance. The index, which tracks the stock performances of 30 major government contractors, advanced 1.05% for the week following positive returns since Wednesday. Wall Street’s post-election rally is over, although the ...
The Department of Defense has started seeking industry feedback on a draft request for proposal to develop a sustainable Advancing Artificial Intelligence Multiple Award Contract, or AAMAC. According to the special notice posted on SAM.gov Wednesday the multiple-award indefinite-delivery/indefinite-quantity contract aims to enhance the developm...
Unanet has bought GovPro AI for an undisclosed sum to add the latter’s artificial intelligence platform to its product portfolio to help government contracting companies and architecture, engineering and construction firms automate proposal writing. Using AI to Help GovCon Firms Automate Proposal Writing Unanet said Friday GovPro AI’s technology...
Intellectual property plays a larger role in the government contracting market than you might think. IP has the power to raise your company’s valuation, unlock better M&A opportunities and even shape the global competition. GovCon Wire sat down with Keegan Caldwell, founder and global managing partner at Caldwell, to talk about the role I...
AeroVironment has agreed to acquire BlueHalo for approximately $4.1 billion in an all-stock transaction to establish a diversified defense technology company with a portfolio of capabilities, including uncrewed platforms, space technologies, short- and long-range loitering munitions, cyber and electronic warfare systems. In a joint release published...
Executive Mosaic has chosen Zaki Saleh, senior vice president of the health and civilian market at LMI, as chairman of the Healthcare Group for the 4×24 Executive Leadership Series. The 4×24 Leadership Series fosters long-lasting connections between government leaders and industry executives through speaking engagements at dinner...
As artificial intelligence gains more traction across the federal landscape, government officials are finding that AI technologies have the power to dramatically transform and augment the workforce. However, federal leaders warn that we must be equally focused on the benefits and threats unlocked by AI. Will AI Replace Humans? Across the board, gove...
The South Korean government has secured approval from the U.S. Department of State to purchase F-15K aircraft upgrade and logistics support for an estimated cost of $6.2 billion. The Defense Security Cooperation Agency said Tuesday Boeing, BAE Systems and Raytheon Technologies will serve as primary contractors for the proposed foreign military sale....
