Processing....
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: ...
Lockheed Martin (NYSE: LMT) generated $17.2 billion in net sales during the first quarter of 2024, up 14 percent from the prior-year period’s $15.1 billion, and reported $1.5 billion in Q1 net earnings, or $6.39 per share. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it returned $1.8 billion in cash to shareholders th...
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...
5G is becoming increasingly critical to defense missions at home and abroad, and the technology is evolving more rapidly than ever before. The Potomac Officers Club’s 2024 5G Forum on May 22 takes a deep dive into the U.S. government’s top 5G priorities, opportunities, challenges and initiatives as advancements in this vital technology area con...
Like many government agencies, the Department of Homeland Security’s U.S. Customs and Border Protection manages petabytes of data flowing through it every day. They perform an estimated 50 billion data exchanges and 10 billion transactions daily. This also means there are roughly 100 million cyber attack attempts per day on their network, accordin...
Large language models are artificial intelligence tools that are trained on mass amounts of data and can understand and respond to user prompts. Current LLMs are known for their ability to generate text, but these models are now evolving to be able to create images and video. The ability of LLMs to break down huge...
General Atomics’ aeronautical systems business unit has secured a $52.9 million contract to help the U.S. Army sustain its fleet of MQ-1C Gray Eagle unmanned aircraft systems. Under the five-year contract, General Atomics Aeronautical Systems will perform sustainment and logistics support for Gray Eagle at its facility in Poway, California, the De...
Daniel Bono, formerly vice president at CACI International (NYSE: CACI), has been named senior VP of intelligence solutions at Two Six Technologies, succeeding Chris Greenlee, who transitioned to the role of VP of zero trust solutions. In his new role, Bono will oversee the company’s Trusted Concepts business unit that offers cyber, advanced a...
The National Oceanic and Atmospheric Administration has awarded 18 companies positions on a 10-year, follow-on contract for professional, technical and scientific services in the oceans domain. NOAA competed the ProTech 2.0 Oceans Domain contract as a total small business set-aside program with 19 offers received during the first phase and 19 propos...
Godspeed Capital Management has partnered with Special Aerospace Services to establish a new platform focused on delivering space engineering, missile defense, hypersonics and communications technologies to U.S. defense and intelligence community agencies and commercial space clients. Heather Bulk, co-founder and CEO of SAS, will lead the new platfo...
