Forward Slope, a technology services company backed by Dallas-based private equity firm Trive Capital, has acquired Soar Technology in a transaction that allows it to expand its client base and core competencies in the defense and national security markets. SoarTech helps the Department of Defense meet mission requirements by developing artificial i...
The Department of Health and Human Services is investing more than $1.4 billion in developing next-generation vaccines and therapeutics against COVID-19. The funds are part of the government’s $5 billion Project NextGen initiative to enable the rapid development of longer-lasting COVID-19 vaccines, a new antibody therapy and technologies to ad...
Ahmed Ayad, former vice president and defense sector growth lead at ManTech, has joined HII‘s (NYSE: HII) Mission Technologies division as chief growth officer. The 20-year government market veteran will drive growth strategy implementation and innovation efforts to support national security customers, HII said Friday. He spent the past four y...
The first chapters of Jason Schulman’s career were in commercial sales, until he had a revelation prompted by a “spiritual awakening” at a Neil Young concert, that he needed to say “yes” to more opportunities. Afterward, he decided to pursue an opportunity in his employer’s public sector organization supporting the federal government. Th...
Teleidoscope has secured a potential $100 million contract from the Department of Defense to proceed with the production of a prototype visual recognition and identification system. The artificial intelligence-based camera previously received funding from the Accelerate the Procurement and Fielding of Innovative Technologies program earlier this yea...
Kurt Bender, a 15-year information technology veteran in the aerospace and defense industries, has joined BWX Technologies (NYSE: BWXT) as director of IT. Bender announced his new role on a LinkedIn post Sunday and said he looks forward to driving digital transformation in the government and commercial sectors. He most recently served as senior dire...
CNF Technologies will help the U.S. Marine Corps build operational and applied computer systems under a $135.7 million indefinite-delivery/indefinite-quantity contract. The five-year IDIQ award covers research, development, test and evaluation services intended to ensure the advancement and operational effectiveness of USMC’s computing platfor...
Luke Savoie, formerly president of intelligence surveillance and reconnaissance at L3Harris Technologies (NYSE: LHX), has been chosen by the board of directors at Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary to succeed retiring President and CEO Raanan Horowitz. Horowitz will step down from the dual role on March 31, 2024, after a 34-year car...
Christopher Miller, a retired U.S. Army officer and former acting secretary at the Department of Defense, has been named interim chief revenue officer at autonomous systems maker DZYNE Technologies. He will work closely with the company’s leadership team to accelerate government market growth initiatives and identify international partnership ...
The Office of Strategic Capital was stood up in December of last year, marking a decisive move by the Department of Defense to direct financial support to the technology industry. OSC is particularly interested in funding projects and organizations related to “advanced materials, next-generation biotechnology and quantum computing,” per rep...
