ExecutiveBiz featured Greg Clifton, general manager of defense and national security group at Intel, in a recent Executive Spotlight interview published Thursday. He talked about his work with Intel and how the group works to match company technologies with the mission requirements of government customers. Other topics tackled during the Q&A wer...
General Motors‘ (NYSE: GM) defense subsidiary has established a new arm focused on expanding the company’s global marketplace footprint through delivery of products and services to international defense and government customers. General Defense‘s international entity will offer technologies for electric, autonomous and connected vehicl...
Shield AI has secured $165 million in a round of Series E financing and will use the capital to advance the development of its artificial intelligence pilot for military and commercial aircraft. Venture funds including Riot Ventures, Disruptive and Homebrew participated in the funding round led by Doug Philippone, co-founder of Snowpoint Ventures an...
America’s Frontier Fund has officially launched as a nonprofit investment fund with a focus on scaling companies and their deep technologies to ensure that the U.S. and its allies maintain tech advantage amid a great power competition. AFF said Thursday its initial focus areas will include artificial intelligence, microelectronics, next-generation...
Mercury Systems (Nasdaq: MRCY) was awarded a potential $50 million basic ordering agreement to provide the Naval Air Systems Command with company-made Advanced Data Transfer System products and services. Over a three-year period, Mercury will deliver data transfer units and devices, encryption modules and other ADTS-related hardware to NAVAIR for mi...
In today’s U.S. health care market, speed is a top-ranking priority. In the wake of the COVID-19 pandemic, health care organizations are looking at ways to get technologies, systems and capabilities to market faster than ever before. But as advancements in technology continue to accelerate, the industry can’t afford to lag behind. “The unfortu...
Independent proxy advisory firms Glass Lewis & Co. and Institutional Shareholder Services recommended in their respective reports that shareholders of Vectrus (NYSE: VEC) vote in favor of all proposals related to the planned combination with Vertex during a special meeting to be held on June 15. Chuck Prow, CEO of Vectrus and an eight-time Wash1...
Rick Lober, vice president and general manager of defense and intelligence systems division at Hughes Network Systems, was featured in a recent Executive Spotlight interview published Tuesday. He shared how the company has been able to drive digital transformation efforts to stay ahead of innovation in the federal landscape. Lober also discussed the...
Today, government agencies are dealing with more data than ever before. In the Department of Defense, for instance, the proliferation of sensors across numerous mission operations and domains has drastically increased data intake for military branches. Within the Intelligence Community, recent geopolitical events have highlighted the urgent ne...
Raytheon Technologies (NYSE: RTX) has selected Arlington, Virginia, as the location of its new global headquarters as part of efforts to strengthen partnerships to develop novel technologies and improve its agility in supporting customers in U.S. government and commercial aerospace markets. The Waltham, Massachusetts-based defense contractor said Tu...
