Srini Dixit, chief financial officer of the global spectrum dominance unit at Raytheon for the past year, has taken on CFO responsibilities within the air power unit of RTX’s (NYSE: RTX) defense-focused business. Dixit announced his new position at Raytheon in a LinkedIn post and concurrently holds the vice president of finance title. He joine...
Amazon Web Services has been awarded a potential five-year, $50 million blanket purchase agreement to provide the U.S. Space Force with commercial cloud products and professional services to support launch missions of the Space Launch Delta 45 and 30 units. The award covers the provision of infrastructure- and platform-as-a-service offerings t...
Executive Mosaic, the Capital region’s premier government contracting membership organization, has named Lockheed Martin Vice President Jim Keffer as the chair of its 4×24 leadership series’ Multi-Domain Group. 4×24 is a favored tradition among GovCon’s most esteemed professionals, a combined social gathering, meeting of th...
Science Applications International Corp. (NYSE: SAIC) posted $247 million in net income for the second quarter of its 2024 fiscal year, up 234 percent from the prior-year period. SAIC said Thursday revenue for the quarter ended Aug. 4, 2023, fell 3 percent from the prior year period to $1.78 billion, an activity the company attributed...
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 ...
