Leidos (NYSE: LDOS) and Microsoft (Nasdaq: MSFT) will accelerate the development and delivery of artificial intelligence and cloud computing platforms to support public sector customers’ missions under a strategic collaboration agreement. The two companies will co-develop generative AI tools to help customers support cross-domain applications ...
Anthony Robbins, vice president of NVIDIA’s federal business, accepted his sixth Wash100 prize from Jim Garrettson, CEO and founder of Executive Mosaic and the award itself, in a convivial meeting at NVIDIA’s Herndon, Virginia office in July. The Wash100 Award is determined by EM’s discerning voting committee on an annual b...
Chris Mays, staff specialist solutions architect at Red Hat, said government agencies seeking to strengthen and streamline the process of developing and delivering secure software should adopt open source technology. Mays wrote in an article published on Carahsoft.com how open source fosters innovation in the software development process.. “It is ...
Debbie Gallop, senior vice president of finance at Technical and Project Engineering, has been elevated to the chief financial officer position. She will oversee efforts to align TAPE’s financial strategy with its long-term goals and mission in her new capacity, the company said Monday. Gallop said she aims to implement new policies and proced...
L3Harris Technologies (NYSE: LHX) has officially added a business segment upon the completion of the Melbourne, Florida-based aerospace and defense contractor’s $4.7 billion cash purchase of propulsion system builder Aerojet Rocketdyne. Both parties first announced the $58-a-share deal in December 2022, with the acquirer aiming to grow its bus...
The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $400 million in shares through Dec. 31, 2025. Iridium said Thursday the plan marks its third and largest stock buyback authorization and increases the satellite communications company’s total repurchase program to $1 billion, the company sai...
Booz Allen Hamilton (NYSE: BAH) saw its revenue jump 18 percent to $2.65 billion during the first quarter of fiscal year 2024 and reported a net income of $161.4 million, up 16.9 percent from the prior-year period. The McLean, Virginia-based information technology and management consulting firm said Friday it ended the quarter with a total...
Northrop Grumman (NYSE: NOC) posted $9.6 billion in sales for the second quarter of 2023, up 9 percent from the prior-year period’s figure of $8.8 billion, and ended the quarter with a total backlog of $78.8 billion. The Falls Church, Virginia-based aerospace and defense contractor said Thursday its Q2 2023 net awards totaled $10.9 billion...
KBR (NYSE: KBR) posted $1.75 billion in second quarter revenue to register a year-over-year increase of 8 percent and a higher backlog under its government business for the three months ended June 30. The company said Thursday quarterly backlog in the KBR Government Solutions unit amounted to $16 billion, compared with the $11.5 billion recorded...
Alexis Bonnell, former emerging technology evangelist at Google‘s public sector business, has been named the inaugural chief information officer of the Air Force Research Laboratory and director of AFRL’s new digital capabilities directorate. She will oversee the development of the lab’s digital capabilities and information technol...
