The Department of Homeland Security has established the Artificial Intelligence Safety and Security Board responsible for providing advice about AI technology’s safe and secure development and deployment in U.S. critical infrastructure. The board consists of more than 20 technology and critical infrastructure executives, including Wash100 awar...
The State Department has approved the requests of the governments of Poland and the Netherlands to buy an extended-range variant of the Advanced Anti-Radiation Guided Missile system, related equipment and support services from the U.S. government under two foreign military sales deals worth approximately $2 billion combined. Northrop Grumman (NYSE: ...
Executive Mosaic’s GovCon Index advanced 1.08% before the weekend and averted a third consecutive losing week. The index, which tracks the stock performances of 30 major government contractors, ended at $4,786.97 for a 0.13% week-on-week gain. Wall Street concluded the week with a tech sell-off, and only the Dow Jones Industrial Average (+0.01%) ...
Heather Newlin, a GovCon industry executive, has joined federal information technology company NuAxis Innovations as chief delivery officer. NuAxis Innovations CEO Raza Latif announced Newlin’s appointment in a LinkedIn post published Wednesday. “With Heather’s extensive experience in service delivery and her expertise in leading m...
The Department of State has approved the government of Iraq’s request to buy from the U.S. government C-172 and AC/RC-208 aircraft contractor logistics support, training and related equipment through a potential $140 million foreign military sales agreement. Northrop Grumman (NYSE: NOC) will serve as the principal contractor in the FMS transac...
Robert Dyess, formerly a vice president at Northrop Grumman (NYSE: NOC), has been appointed senior VP of business development for munitions and government at Day & Zimmermann, according to his LinkedIn post. Dyess will help drive growth and strategic partnerships to support the mission needs of D&Z’s U.S. defense and government custome...
Executive Mosaic’s GovCon Index rose 0.46% to $4,896.02 Friday as 22 of its constituents advanced. However, the index, which tracks the stock performances of 30 major government contractors, still ended 1.35% lower week-on-week due to the weak start in April. Wall Street’s major indexes closed the week with losses despite bouncing back from thei...
NASA has awarded Intuitive Machines, Lunar Outpost and Venturi Astrolab positions on a potential $4.6 billion contract to develop a lunar terrain vehicle for the space agency’s Artemis moon exploration program. The agency said Wednesday it plans to procure the LTV as a service from industry through the Lunar Terrain Vehicle Services program, a mil...
Executive Mosaic is excited to celebrate the impacts of the work of QinetiQ US CEO and President Shawn Purvis with the 2024 Wash100 Award. Purvis earns this designation due to her tireless efforts to bring innovative technology into the hands of American warfighters. Cast 10 votes today in the Wash100 popular contest! The competition closes on Ap...
Charles Fielden, a nearly two-decade Northrop Grumman (NYSE: NOC) veteran, has joined QinetiQ Group‘s U.S. subsidiary as executive vice president and general manager of the intelligence, cyber and information advantage business unit. The former U.S. Army sergeant will oversee operational testing, functional evaluation and capability assessment...
