Artificial intelligence company BigBear.ai (NYSE: BBAI) posted a 2 percent year-over-year revenue increase for the second quarter of 2023 and booked two key contracts from the U.S. Army during the quarter. Sales in the April-June period totaled $38.5 million, compared to $37.6 million a year earlier, while backlog as of June 30 stood at $206...
An RTX (NYSE: RTX) division will help the Defense Advanced Research Projects Agency develop foundations to enable artificial intelligence-driven decision-making in uncontrolled environments such as mass casualty triage and disaster relief. Under the In The Moment program of DARPA, a Raytheon BBN-led team will train algorithms using scenario-based ex...
Now managed by the Office of the Chief Digital and Artificial Intelligence Officer, Advana serves as the Department of Defense’s cloud-based business performance metrics platform. It is growing in reach, and since CDAO assumed responsibility for the platform in 2022, its user base has grown from 40,000 to over 72,000. While the platform ...
The Department of Defense has formed a task force that intends to advance the responsible development and deployment of large language models and other generative artificial intelligence technologies across DOD. DOD said Thursday the chief digital and AI office will lead Task Force Lima, which will help mitigate risk and address redundancy as the de...
Doug Bush, assistant secretary of the Army for acquisition, logistics, and technology, accepted his 2023 Wash100 Award from the award’s founder, Executive Mosaic CEO Jim Garrettson, at the Potomac Officers Club’s recent Army Summit. The summit gathered the service branch’s top officials and stewards for a riveting day of speeche...
CACI International (NYSE: CACI) posted a 4 percent year-over-year jump in revenues to $1.7 billion for the fourth quarter ended June 30 and an 8 percent increase to $6.7 billion for the full fiscal year 2023. The Reston, Virginia-based government technology services contractor attributed the higher sales to recently completed acquisitions and 6 perc...
Last month, the Office of the Director of National Intelligence issued a two-year roadmap for its data strategy. The document anticipates a number of lines of action on which the 18 intelligence community entities should embark to boost the interoperability, discoverability and artificial intelligence readiness of data inputs and output. The pr...
In the modern battlefield, rapid decision making capabilities are more critical than ever before, and in conflict scenarios, every second counts. Warfighters and military leaders rely not only on huge troves of data coming in from sensor networks and multiple sources, but more importantly on the analysis of that data to inform their most important...
Artificial intelligence is sweeping the Department of Defense, and in search of new ways to support the warfighter on the ever-changing modern battlefield, the department is now heavily focused on perfecting this emerging technology. Ensuring that AI implementation aligns with DOD values and objectives is an effort that requires careful attenti...
President Joe Biden has signed an executive order to address foreign threats to U.S. national security by authorizing the secretary of the Treasury to regulate U.S. investments in countries of concern that are involved in developing technologies considered essential for military, cyber, intelligence and surveillance operations. The EO identifies sem...
