Leonardo DRS‘ Laurel Technologies business and Data Link Solutions — a joint venture between BAE Systems and Collins Aerospace — have each secured a two-year, $150M blanket purchase agreement to provide cabinets for U.S. Navy electronic equipment. Each company will manufacture up to 150 electronic equipment cabinets for the military ...
A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. Lockheed received $45.6B in FY 2019 contracts, while Boeing and Northrop secured $25.7B and $19.5B in contracts,...
Since the onset of COVID-19, the government and industry have expedited the development process of new technologies and offerings to remain competitive in the evolving landscape. Innovation units across the nation have focused on artificial intelligence, autonomy and robotics, to support data and networks. During Potomac Officers Club’s 7th Annual...
Booz Allen Hamilton executives Steve Escaravage, senior vice president, and Graham Gilmer, principal, will discuss how to advance technology at speed as well as how private-public partnerships are critical to maintaining the competitive advantage within the technology race during Potomac Officers Club’s 3rd Annual Artificial Intelligence Summit on...
The U.S. Army has awarded Raytheon Technologies (NYSE: RTX) and Palantir Technologies (NYSE: PLTR) separate other transaction agreements to mature system design and software for the branch’s expeditionary intelligence ground station modernization effort, Signal Magazine reported Monday. Each OTA is valued at $8.5M over 12 months and covers tec...
Fluor (NYSE: FLR) has announced a new organizational structure that will see the company operating in three business segments – mission solutions, energy solutions and urban solutions – starting in the first quarter of the year. Tom D’Agostino, a previous Wash100 awardee, will serve as group president of Fluor’s mission solutions busines...
Global investment firm Francisco Partners has announced the appointment of Manny Rivelo, a more than 30-year executive in security and information technology sectors, as the new CEO of Forcepoint in a string of executive appointments after it completed the acquisition of the cybersecurity platforms developer from Raytheon Technologies (NYSE: RT...
Alan Lawrence, vice president of federal at Dell Technologies‘ (NYSE: DELL) Boomi business, said government agencies should shift their focus from maintaining legacy information technology systems and applications to advancing IT modernization to improve data security, employee and customer engagement and mission outcomes. “Data has become a...
Robert Freda, formerly assistant corporate controller of Curtiss-Wright (NYSE: CW), has been appointed to succeed the retiring Harry Jakubowitz as treasurer at the Davidson, North Carolina-based defense electronics provider. Curtiss-Wright said Friday that Freda will report to Chief Financial Officer K. Christopher Farkas and oversee corporate tax a...
Since the onset of COVID-19, the government and industry have expedited the development process for new technologies and offerings to remain competitive in the evolving landscape. Innovation units across the nation have focused on artificial intelligence, autonomy and robotics, to support data and networks. During Potomac Officers Club’s 7th...
