NVIDIA (Nasdaq: NVDA) reported a 126 percent growth in full-year revenue to $60.9 billion for fiscal 2024 that ended January 28, while its quarterly revenue hit $22.1 billion, a 22 percent jump from the third quarter. “Accelerated computing and generative AI have hit the tipping point,” Jensen Huang, founder and CEO of NVIDIA, said in...
Hughes Network Systems will provide software-defined auto-PACE platforms and related modems for the space and defense subsidiary of SES in support of the latter’s contract work on the Air Force Research Laboratory’s Defense Experimentation Using Commercial Space Internet program. Under a deal with SES Space & Defense, Hughes said Wednesd...
Gina Vaughan, former director of application services at Peraton, has joined DMI to serve as vice president and chief architect of technical solutions at the McLean, Virginia-based provider of end-to-end digital transformation services. The company said Vaughan’s responsibilities include serving as a lead solution architect and a player coach ...
The U.S. Army has awarded five companies positions on a potential five-year, $99 million contract to provide analytical services to support the assessment of surface, air, electromagnetic spectrum, directed energy, cyber, space and other non-nuclear munitions. Army Contracting Command received six offers for the multiple-award, cost-plus-fixed-fee c...
Executive Mosaic is pleased to announce Stacey Dixon, principal deputy director of national intelligence, as an inductee into the 2024 edition of the Wash100 Award, the most prestigious recognition in the government contracting industry, for her contributions to achieving information advantage across the intelligence community. Vote for Dixon as y...
As 5G continues to transform the wireless communications industry, RK Squared is at the forefront of not only implementing wireless networks but also helping organizations take a proactive approach to their connectivity. Executive Mosaic sat down with RK Squared CEO Michael Wajsgras to learn more about the company and how it’s harnessing 5G and ...
After a rebrand and the delivery of a minimum viable capability in 2023, the Department of Defense’s multi-billion-dollar effort to connect the U.S. military’s sensors to shooters in a unified environment is getting closer to becoming a reality. The Joint All-Domain Command and Control initiative, is now known as CJADC2, with the new ‘C’ bei...
SpaceX has developed into a major contractor supporting U.S. military and intelligence agencies, demonstrating the need of national security organizations for commercial partners that could quickly develop and launch classified satellites. The Elon Musk-founded rocket company received a potential $1.8 billion classified contract from the U.S. govern...
KBR (NYSE: KBR) presented strong fourth quarter and full year 2023 results. In Q4 and full year, revenue increased 7.6 percent and 6 percent year-over-year to $1.73 billion and $6.95 billion. Besides reporting solid results, the provider of science, technology and engineering products and services to governments and industry clients shared its finan...
High Point Aerotechnologies, a portfolio company of private investment firm Highlander Partners, has acquired Flex Force Enterprises for an undisclosed amount as part of a push to expand its portfolio of counter-unmanned aircraft systems and broaden its footprint in the drone security market. Portland, Oregon-based Flex Force is the maker of the Dro...
