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Executive Mosaic’s GovCon Index struggled for most of December, with only seven daily gains in 19 trading days. The index, which tracks the stock performances of 30 major government contractors, declined 0.69% to $4,877.81 before the weekend. While the -0.13% overall loss from Dec. 23 to Dec. 27 was the lowest week-on-week decline this month,...
Ayar Labs has raised $155 million in a round of Series D financing led by Advent Global Opportunities and Light Street Capital. The San Jose, California-based company said Wednesday it will use the capital to support high-volume production of its in-package optical interconnects to help address the need for scalable artificial intelligence infrastru...
Executive Mosaic’s GovCon Index declined two straight days, finishing 0.49% lower at $5,176.36 on Friday. The index, which tracks the stocks of 30 major government contractors, registered a 2.45% loss in the first week of December. However, it was a winning week for the major U.S. equities benchmarks. The Dow Jones Industrial Average reached its...
Executive Mosaic’s GovCon Index ended positive after the Thanksgiving break, rising 0.5% to $5,203.60. While it was a modest 0.18% week-on-week loss from Nov. 25-29, it was the third-straight monthly loss for the index tracking the stock performances of 30 major government contractors. Its last winning month was August. Wall Street added month-end...
Interos will bring together the brightest minds in supply chain risk management for a one-day event this October to discuss pressing issues across artificial intelligence, cyber, geopolitical risks, ESG and more. One of the sessions at Interos’ 2024 Risk Intelligence Summit will be featuring Paul Nakasone, a retired U.S. Army general who serve...
As the agency charged with protecting the American homeland and its citizens, the Department of Homeland Security is undertaking a myriad of initiatives aimed at better securing the nation from emerging threats. And in the age of artificial intelligence, it’s no surprise that DHS is deploying AI to execute some of its critical homeland security...
In the competitive government contracting landscape, your professional network can be your key to success. But not every networking opportunity is worth your while. Service providers and the professional networking crowd can get in the way of meaningful and productive connections with actual senior-level executives and industry leaders. That’s w...
Scale AI, a San Francisco-based provider of data labeling services for artificial intelligence development and training, has raised $1 billion in a Series F funding round led by venture capital firm Accel. With a valuation of $13.8 billion, Scale AI aims to expand its capabilities and offerings by building on its existing AI model evaluation...
It’s red alert hours here at Executive Mosaic headquarters — less than one week remains in the 2024 Wash100 popular vote contest. When the clock strikes midnight on May 1, you will no longer be able to foist your support behind your favorite executives in government contracting. Then, just a couple of days later, when all...
When Jen Sovada realized she could make more of an impact on the outside of the military looking in, she retired from the U.S. Air Force. Now, her company, the fast-growing startup SandboxAQ, regularly does business with the USAF and Sovada still gets to support the mission, circumnavigating the oft-labyrinthine bureaucracy of the government. Sovada...
