Comtech Telecommunications has introduced a strategy to transform the company into a pure-play satellite and space communications provider. T&W Segment Strategic Alternatives Process The technology company said Thursday the transformation strategy includes an exploration of strategic alternatives for its terrestrial and wireless networks busines...
Kapil Wadhera has been at Intel for over 35 years and has gained a breadth of experience from across the company — from chip design to marketing, sales to general management. Given his wide-ranging expertise, he was an obvious choice to lead one of the key Intel Foundry efforts. This initiative was created in response...
The U.S. Department of State has approved the potential sale of portable radio equipment and related gear worth an estimated $1.42 billion to the Netherlands. The global communications business unit of L3Harris Technologies will be the principal contractor of the foreign military sale, which also includes products and services of TrellisWare Technol...
The Defense Security Cooperation Agency has seen a drastic increase in foreign military sales in recent years, fueled by the increasingly complex geopolitical landscape. According to DSCA Director Mike Miller, the agency has seen an “unprecedented surge” in demand for FMS. In a keynote address at the Potomac Officers Club’s GovCon In...
Artificial intelligence is taking the federal government by storm. This rapidly advancing technology has shown immense potential for a wide range of Department of Homeland Security missions, one of which is securing the border. Get an exclusive look into key DHS initiatives at the Potomac Officers Club’s 2024 Homeland Security Summit, where g...
NewSpring Holdings, the majority investment strategy of private equity firm NewSpring, has acquired Xpect Solutions, a Fairfax, Virginia-based provider of enterprise IT and security services to federal agencies. NewSpring said Tuesday Xpect becomes the third company in the federal platform of NewSpring Holdings, which invests in technology-enabled s...
BigBear.ai, a company that provides artificial intelligence-powered decision intelligence services, has booked a $165.2 million contract from the U.S. Army for the development of an integrated force structure and employment data system. The company said Monday it will further develop the Global Force Information Management system, which handles forc...
A Department of Defense report has found that defense spending in fiscal year 2023 in all 50 states and Washington, D.C., including DOD contract obligations, payroll spending and grant awards, totaled $609.2 billion, reflecting a $50.5 billion increase from the previous fiscal year and accounting for 2.2 percent of the U.S. gross domestic product. D...
The U.S. government is seeking to increase the transparency of shared data throughout its joint forces to prepare to face upcoming challenges as a global united front. During a panel discussion titled “Putting the C in CJADC2” at the Potomac Officers Club’s GovCon International Summit on Oct. 10, government and intellige...
L3Harris Technologies (NYSE: LHX) has named Gil Griffin as vice president of strategy and business development for its space and airborne systems segment. Griffin confirmed his new role in a LinkedIn post Monday. The executive joins L3Harris from Boeing (NYSE: BA), where he served as executive director for space, intelligence and weapons syste...
