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 State Department has cleared a potential $2.90 billion foreign military sale of advanced medium-range air-to-air missiles manufactured by RTX (NYSE: RTX) to the government of Germany. The potential FMS deal covers the provision of up to 969 AIM-120C-8 AMRAAM and 12 AMRAAM C8 guidance sections, the Defense Security Cooperation Agency said Wednesd...
IronGate Capital Advisors has closed its first discretionary fund that allows the firm to invest in venture capital partnerships and early-stage companies to support the development of dual-use technologies that could help strengthen U.S. national security and the commercial economy. The venture capital investment firm said Wednesday it secured $25 ...
As the Russian invasion of Ukraine continues to unfold, the situation is uncovering key insights into what the future of warfare might look like. Namely, the issue of contested logistics — in other words, sustaining military operations in contested or hostile environments — has come to the fore as a major area of focus for...
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...
Pratt & Whitney, an RTX (NYSE: RTX) business, has been awarded a $256.3 million contract option by Naval Air Systems Command to maintain fielded F-35 propulsion systems for domestic and international military customers. The engine builder will support depot-level F135 maintenance and repair activities under the exercised option, the Department o...
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...
Zain Ahmed, senior vice president for the public sector and East Enterprise region at Lumen Technologies (NYSE: LUMN), has been promoted to SVP for the North America Enterprise region at the telecommunications company, GovCon Wire has learned. In his previous role, he led a team of technical professionals responsible for delivering information techn...
Sapphire Ventures will invest more than $1 billion in enterprise artificial intelligence startups, including companies focused on developing generative AI, enablers and middleware, foundation models and other next-generation AI applications. “We look forward to partnering with companies that are not only improving existing workflows and softwa...
