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The National Center for Manufacturing Sciences has landed a potential five-year, $900M contract to continue managing a contracting program that allows commercial and academic organizations to develop sustainment tools and processes for the Department of Defense. It marks the fourth cooperative agreement NCMS received to serve as DoD's managin...

American Holoptics, a Koucar Management affiliate, has agreed to acquire L3Harris Technologies’ (NYSE: LHX) EOTech business for an undisclosed sum. The acquisition is expected to be finalized by mid-2020, subject to customary closing conditions, the companies said in a joint release published Tuesday....

L3Harris Technologies (NYSE: LHX) has received a multimillion-dollar contract from the U.S. Air Force to develop a platform designed to help the military identify objects in large sets of imagery data using artificial intelligence, C4ISRNET reported Wednesday....

Yasser Ibrahim, former science and engineering leader at Amazon (Nasdaq: AMZN), assumed the role of senior vice president of artificial intelligence at public safety technology provider Axon (Nasdaq: AAXN) on March 9. He will report to Jeff Kunins, Axon’s chief product officer and executive VP of software, as he leads the AI team through the compa...