Carroll Lane, a senior vice president and segment lead of engineered and precision products at Kaman (NYSE: KAMN), has been appointed interim chief financial officer at the Bloomfield, Connecticut-based aerospace and defense contractor. He replaces James Coogan, who is stepping down as CFO after two years in the role and Kaman said Friday it has...
Tulsa, Oklahoma-based Cherokee Insights has received a potential five-year, $100 million contract from the Defense Counterintelligence and Security Agency to provide analytical services in support of DCSA’s expedited screening and other vetting risk operations. Work on the single-award, indefinite-delivery/indefinite-quantity contract will occur i...
A new McAleese & Associates report shows that defense prime contractors posted a 7 percent to 9 percent rise in sales during the second quarter of 2022 and record-high backlogs as the Department of Defense accelerates contract awards. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the...
Matt Pinkston, a nearly four-decade veteran of the technology and government contracting sectors, has joined bidding intelligence system provider Procurement Sciences AI as chief growth officer. His appointment comes as PSci.AI aims to help government contractors build a competitive advantage through artificial intelligence-based automation technolo...
Laura Kurup, a data and analytics professional, will assume the role of principal director for data science innovation at Accenture‘s (NYSE: ACN) federal government subsidiary on Sept. 11. In this capacity, she will help Accenture Federal Services‘ agency customers address mission-critical challenges using data science, artificial intell...
The Defense Advanced Research Projects Agency has selected a team led by Intel‘s (Nasdaq: INTC) research arm to develop a tactical-grade clock with microsecond precision for positioning, navigation and timing. Intel Labs will work with the University of Pennsylvania, Carnegie Mellon University and IS4S to create a size, weight and power-optimi...
Forward Slope, a technology services company backed by Dallas-based private equity firm Trive Capital, has acquired Soar Technology in a transaction that allows it to expand its client base and core competencies in the defense and national security markets. SoarTech helps the Department of Defense meet mission requirements by developing artificial i...
The Potomac Officers Club is hosting its 9th Annual Intel Summit on Sep. 21, where public sector intelligence officials and industry experts will come together to dive into the most crucial conversations surrounding intelligence. Click here to register for the summit! A part of Executive Mosaic, the Potomac Officers Club hosts regular even...
Owl Cyber Defense, a DC Capital Partners portfolio company, has acquired Big Bad Wolf Security in a deal aimed at accelerating Owl’s expansion into the government cloud market. Financial terms of the transaction were not disclosed and Owl said Tuesday it will add BBWS’ cloud security and cross-domain solutions to the parent company’...
NVIDIA (Nasdaq: NVDA) posted a record revenue of $13.51 billion during the second quarter of its 2024 fiscal year, reflecting a 101 percent hike from the prior-year period and an 88 percent increase from the previous quarter. The Santal Clara, California-based company said Wednesday it returned $3.38 billion to shareholders in the form of cash...
