Ray Williams, formerly a vice president and general manager at Maxar Technologies (NYSE: MAXR), has been named executive VP at iNovex, a portfolio company of Enlightenment Capital. He will oversee the integration of operations and systems from iNovex’s acquired businesses and assist with strategy, growth and operations, the software developmen...
The world of artificial intelligence was dramatically revolutionized a year ago when OpenAI released the large language model ChatGPT for public use. Executive Mosaic sat down with Empower AI CEO Jeff Bohling to talk about how AI has evolved, and how it has impacted government missions over the past year. “We believe that artificial intelligence...
An affiliate of private equity firm TJC has agreed to acquire the commercial aviation solutions business of L3Harris Technologies (NYSE: LHX) for approximately $800 million. L3Harris said Monday it expects the transaction to conclude in the first half of 2024, subject to regulatory approvals and other customary closing conditions. “Today’s annou...
Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary will deliver helmet-mounted night vision goggle systems to the U.S. Marine Corps under a five-year, $500 million indefinite-delivery/indefinite-quantity contract. The contract covers the provision of Squad Binocular Night Vision Goggles, spare parts, logistics support and test equipment to the serv...
Kratos Defense and Security Solutions (Nasdaq: KTOS) has secured a potential eight-year, $579 million contract from Space Systems Command to provide satellite communication support to the U.S. Space Force and SSC. The indefinite-delivery/indefinite-quantity contract includes a $146.3 million task order for the continuation of command and control sus...
Fredric Reynolds, a member of the board of directors at RTX (NYSE: RTX) since April 2020, has been named lead independent director at the Arlington, Virginia-headquartered defense and aerospace contractor. He will replace Dinesh Paliwal, who will step down from the board on Dec. 1, and continue to sit on the board’s governance and public...
Christopher Sleight, a business development executive, has assumed the role of vice president of sales for command, control, communications, computers, cyber, intelligence, surveillance and reconnaissance at Noble, a Boston-based supply chain management and technology services contractor. “I’ve been in the job for a few weeks and am humbled by a...
The U.S. Army awarded Deloitte a $450 million contract to provide services ranging from research and development to prototyping and technology integration. The cost-plus-fixed-fee contract also covers testing, evaluation, experimentation and analytics and is expected to be completed by November 2033, the Department of Defense said Tuesday. Deloitte ...
In March 2021, President Biden issued an Executive Order calling on federal organizations to strengthen their cyber practices to ensure the security of critical information. Since then, agencies have made strides in the adoption of modern cybersecurity practices, such as zero trust architecture, updated policies and more. For public sector heal...
Jacobs Solutions (NYSE: J) has agreed to spin off and merge its critical mission solutions and cyber and intelligence businesses with Amentum to form a new publicly traded government technology services contractor. The transaction will create an independent company with an annual revenue of approximately $13 billion, a stable base of prime governmen...
