Sonya Branco is set to step down as executive vice president for finance and chief financial officer at CAE (NYSE: CAE), positions she has held since 2016. Constantino Malatesta, chief accounting officer and vice president of the Controller Office since 2022, will take over Branco’s role in the interim while a permanent successor is sought,...
Generative artificial intelligence refers to a type of AI tool that can produce content in response to user prompts. These rapidly evolving technologies are transforming operations across both the public and private sectors, and while organizations are moving quickly to adopt genAI, there are still concerns that must be considered as these tools are...
Northrop Grumman (NYSE: NOC) saw its second-quarter fiscal 2024 sales climb 7 percent to $10.2 billion, up from $9.6 billion during the prior-year period, and attributed the growth to strong demand for the company’s products and services. The Falls Church, Virginia-based aerospace and defense contractor said Thursday Q2 net awards totaled $15....
What’s next for artificial intelligence in the federal landscape, and how are government leaders looking to use AI? Bill Rowan, vice president of public sector at Splunk, shared his insights about the future of AI, popular AI use cases and how AI could change the game in cybersecurity in a new Executive Spotlight interview with GovCon...
Astrion, a portfolio company of Brightstar Capital Partners, has agreed to acquire Axient for an undisclosed sum to expand its capabilities and presence in the defense and federal civilian market. Astrion said Wednesday it expects the acquisition to conclude in the third quarter of 2024, subject to government and regulatory clearances and other cust...
The Department of the Air Force is currently undertaking multiple artificial intelligence-related initiatives, one of which is a generative AI chatbot called NIPRGPT. During her keynote address at the Potomac Officers Club’s 2024 Air Defense Summit, DAF Chief Information Officer Venice Goodwine shared how she’s approaching AI and gave ...
Akira Technologies has appointed Craig Fitzpatrick, a technology industry executive, as chief innovation officer. In a LinkedIn post published Wednesday, the Washington, D.C.-based company said Fitzpatrick will oversee research and development, customer-centric prototype development efforts and emerging technology partnerships. The U.S. Air Force ve...
Jeff Muller, former director of special projects at Atlantix Partners, was appointed chief operating officer at Rise8. The Tampa, Florida-headquartered software development company said Tuesday Muller will be responsible for accelerating growth for Rise8 through strategic planning, organizational development and information technology and human reso...
General Dynamics (NYSE: GD) generated $11.9 billion in revenue during the second quarter of fiscal year 2024, which the company’s CEO, Phebe Novakovic, described as “a strong quarter overall.” The company said Wednesday that its revenue for the period was 18 percent higher than the revenue reported for the same period in 2023. Of t...
Ron Ash, chief operating officer of Accenture‘s (NYSE: ACN) government-focused business arm, will succeed John Goodman as Accenture Federal Services CEO on Sept. 1. The company said Tuesday Ash will also take over the chairmanship of Accenture Federal Services’ board of managers from Goodman, who is set to step down from his roles on Aug...
