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Intel (Nasdaq: INTC) has announced plans to separate its Programmable Solutions Group as a standalone unit to enable PSG to better compete and pursue growth in the field programmable gate array market and appointed Sandra Rivera, an executive vice president at the company, to oversee PSG as CEO. Santa Clara, California-based Intel said Tuesday it...

ECS Federal has secured a potential $190.2 million contract from the U.S. Army for the development and demonstration of artificial intelligence capabilities. According to an award notice posted on SAM.gov, the broad agency announcement for the Project “Runaway” has an initial value of $65.7 million that has the potential to reach the ceiling amo...

It’s that time of the year: the Potomac Officers Club is ready to reveal initial details about its annual, definitive gathering on all things autonomous technology, the Artificial Intelligence Summit. 2024’s edition has been set for Feb. 28 and registration is now open. The 2024 AI Summit is the fifth consecutive iteration of an e...

Patrick Shanahan, former deputy secretary of the Department of Defense and member of the board of directors of Spirit AeroSystems (NYSE: SPR), has been named as the company’s interim president and CEO.  He takes over the responsibilities of Thomas Gentile, who resigned as president, CEO and board member on Saturday, the Wichita, Kansas-ba...

Arlington Capital Partners has acquired payment software provider Avenu Insights & Analytics from private equity firm Mill Point Capital in an effort to expand its portfolio with product offerings for state and local government customers. The financial terms of the transaction were not disclosed and Arlington Capital said Monday that Paul Colang...

QinetiQ Group’s U.S. arm has secured a potential $140.2 million contract modification from the Washington Headquarters Services to provide technical, administrative and professional support services for the Department of Defense’s strategic capabilities office. The modification to a previously awarded firm-fixed-price contract has a base value o...