Artificial intelligence has piqued the interest of the U.S. military services, and the Department of the Navy has sharpened its focus on AI technologies in recent years. These tools offer the department increased efficiency and elevated decision making capabilities, but disconnected, dated systems have presented a number of challenges. One of these ...
Mobix Labs (Nasdaq: MOBX) intends to acquire electromagnetic interference technology provider J-Mark Connectors in an effort to boost revenue and grow its military aerospace footprint. The Irvine, California-based semiconductor company said it expects the acquisition to close in August and to enhance sales strategy and boost gross margins for Mobix ...
When the Space Development Agency was stood up in 2019, it was mired in skepticism from across the Department of Defense. Instead of using the traditional paths for acquisition of new satellite technologies, which tended toward large systems that were difficult and time-consuming to field and build, SDA took a different tack: buy small commerci...
Jennifer Sample, former managing director at Accenture‘s (NYSE: ACN) federal business, has been appointed as chief technology officer of Empower AI. The artificial intelligence services provider said Tuesday Sample will be responsible for driving Empower AI’s technology vision, strategy and execution in support of federal gover...
Red River has appointed James Matney, a 35-year military and federal government contracting industry executive, as senior vice president of solutions and chief technology officer of its government technology services business unit. The company said Tuesday Matney will oversee innovation efforts and develop new products to help expand the GTS unit’...
The U.S. Navy has awarded Carahsoft Technology, TD Synnex (NYSE: SNX) and immixGroup subsidiary EC America spots on a potential five-year, $848.4 million blanket purchase agreement to provide Red Hat software licenses for on-premises and cloud environments. The Department of Defense said Tuesday the Naval Information Warfare Center Pacific in San Di...
Aftermarket services provider VSE (Nasdaq: VSEC) has named seasoned executive finance leader Adam Cohn as chief financial officer and aerospace sales executive Garry Snow as chief growth officer. Alexandria, Virginia-based VSE said Tuesday Cohn will join the company as CFO on Sept. 3, and Snow will assume the newly created chief growth officer posit...
Lockheed Martin (NYSE: LMT) has agreed to acquire satellite maker Terran Orbital (NYSE: LLAP) for approximately $450 million to expand its satellite manufacturing and responsive space capabilities. The Bethesda, Maryland-based aerospace and defense contractor said Thursday it expects the transaction to conclude in the fourth quarter of 2024, subject...
Cisco Systems (Nasdaq: CSCO) has appointed Jeetu Patel, who joined the technology company in 2020, as executive vice president and chief product officer to oversee networking, security and collaboration portfolios under one organization. In a blog post published Wednesday, Cisco Chairman and CEO Chuck Robbins wrote that Jonathan Davidson will transi...
Mark Nackman has been named vice president and general counsel at General Dynamics‘ (NYSE: GD) NASSCO subsidiary, according to the executive’s LinkedIn post shared Thursday. Nackman will oversee General Dynamics NASSCO’s legal, export, environmental engineering and contracts functions. The executive has been with the aerospace and...
