Drone technology provider Red Cat Holdings (Nasdaq: RCAT) has signed a letter of intent to acquire FlightWave Aerospace Systems to expand its portfolio of unmanned aerial system offerings for intelligence, surveillance and reconnaissance operations. FlightWave will bring its Edge 130 Blue military-grade tricopter for long-range inspection, mapping, ...
Daniel Simms, formerly a vice president at Valiant Integrated Services, has joined Acuity International as chief operating officer, according to his LinkedIn announcement. He assumed his new post after working for five years as a VP of critical mission solutions at Valiant, where he oversaw the delivery of intelligence, logistics, construction, trai...
KPMG has appointed Patrick Ryan, a more than 24-year operational and business development leader, as managing partner of the professional services firm’s Washington, D.C. office and head of the U.S. federal sector. Ryan will succeed Tim Gillis, who is set to retire on Sept. 30 after a more than two-decade career at KPMG, and will...
Artificial intelligence advancements are catalyzing innovations that ripple across multiple sectors. Particularly in the federal government and government contracting industry, AI is changing the game for the workforce, cybersecurity, cloud, decision making and so much more. In this Executive Spotlight interview, Executive Mosaic sat down with M9 So...
Brittany Morgan, a technical architect at Dell Technologies (NYSE: DELL), said artificial intelligence could help government agencies ensure the effectiveness and efficiency of modern data centers. “AI can be used to identify potential equipment failures so agencies can replace components before they break or wear out,” Morgan wrote in an articl...
The Potomac Officers Club is hosting its highly-anticipated 2024 Army Summit on June 13, bringing together the country’s top Army officials, defense experts and industry leaders to discuss the Army’s most significant challenges, opportunities, strategies and initiatives. This annual event serves as a vital platform for government and GovCon exe...
A report by financial services company Raymond James (NYSE: RJF) indicates that 79 mergers and acquisitions occurred in the defense and government market during the second quarter of 2024, a 6.7 percent increase from the prior-year period. The June report was issued by Raymond James’ defense and government investment banking team, where 2024 W...
Cognizant (Nasdaq: CTSH) has agreed to acquire Belcan in a cash-and-stock transaction worth approximately $1.3 billion to expand its engineering research and development capabilities and presence in the aerospace and defense industry. Cognizant said Monday it expects the transaction to conclude in the quarter ending Sept. 30, subject to regulatory c...
The Department of Homeland Security aims to be the “non-DOD AI leader” within the federal government, according to the agency’s Deputy CIO Rear Adm. Christopher Bartz. “The Secretary really wants DHS to be the non-DOD AI leader,” said Bartz, referring to DHS Secretary Alejandro Mayorkas, at the Potomac Officers Club’s 2024 Cyb...
Industry offers a wealth of advanced technologies and a workforce trained on using these tools – a set of resources that serves as a major asset for the U.S. government. Though public-private partnerships are already abundant, there is still progress that needs to be made with collaboration from a cybersecurity perspective. As more and more...
