Saab has acquired Silicon Valley, California-headquartered artificial intelligence company CrowdAI in a move to expand its portfolio with AI and machine learning capabilities. Devaki Raj Under the deal, future operations of the acquired company will primarily occur in San Diego, California, and Devaki Raj, CEO and co-founder of CrowdAI, will join Sa...
Silvus Technologies has appointed to the role of chief operating officer Gorik Hossepian, former vice president and general manager of medium unmanned aircraft systems at AeroVironment (Nasdaq: AVAV). Hossepian is a 40-year veteran of the aerospace and defense industry, serving in companies such as Northrop Grumman (NYSE: NOC), Boeing (NYSE: B...
Serco‘s U.S. arm has secured a potential six-year, $125 million recompete contract to help the Naval Systems Engineering and Logistics Directorate design and engineer naval ships and associated systems. Serco Inc. said Thursday it will support combatant ship integration efforts for the U.S. Navy’s surface ships, boats, autonomous vehicle...
The U.S. Special Operations Command has added $161 million to the ceiling of a multiple-award contract vehicle through which three companies offer intelligence, surveillance and reconnaissance platforms and support services. Barbaricum, iGov and NexTech Solutions hold spots on the indefinite-delivery/indefinite-quantity Targeted Requirement Executio...
Adam Lurie, managing partner at Lurie Investments, was named CEO of Knexus Research, an artificial intelligence and machine learning company recently bought by the venture capital firm. The acquisition is aimed at advancing Knexus’ ability to meet increasing government customer demands for AI capabilities and to support business growth, the Na...
Intelligence Community leaders have recognized the need to evolve to compete in the constantly changing intelligence landscape. To accomplish its transformation goals, the IC has embarked on an all-encompassing modernization journey that considers not just technology, but its people and priorities. At the Potomac Officers Club’s 9th Annual Intel ...
Systems Planning and Analysis, a portfolio company of Arlington Capital Partners, has purchased space domain awareness platforms provider PRKK for an undisclosed sum as part of efforts to expand its offerings in the space and intelligence sectors. Established in 2006, PRKK is focused on providing cross-domain analyses and studies for the U.S. Space ...
Peter Smith, former president and CEO of American Systems, has been elected chairman of the board of directors at the engineering and information technology contractor. Smith, who retired after more than four decades of company service, succeeds Bill Hoover, who has been chairman of the board since 2015, American Systems said Wednesday. “I wan...
Christopher Valentino, chief strategy officer of Peraton since 2021, has assumed a new role as chief innovation officer at the Reston, Virginia-based federal technology and services contractor, according to a LinkedIn post published Wednesday. His responsibilities include leading Peraton’s value creation initiatives, aligning its sector invest...
Anduril Industries has acquired Blue Force Technologies, a Morrisville, North Carolina-headquartered manufacturer of unmanned aircraft, in a deal to expand the former’s fleet of autonomous systems. Following the transaction whose financial terms were not disclosed, Anduril said Thursday it will utilize Blue Force Technologies’ digital en...
