U.S. Vice President Kamala Harris and other administration officials met with the chief executives of Alphabet, Anthropic, Microsoft (Nasdaq: MSFT) and OpenAI to discuss the importance of responsible innovation in the artificial intelligence field. The meeting came after the White House unveiled initiatives to ensure AI technology adoption will not ...
Lockheed Martin (NYSE: LMT) could provide an acoustic surveillance system and related equipment to the Australian government through a $207 million foreign military sale request approved by the State Department. Australia has asked to buy Surveillance Towed Array Sensor System Expeditionary mission systems for Vessels of Opportunity and associated t...
VSE (Nasdaq: VSEC) has agreed to purchase Desser Aerospace, a distributor of aviation tires and aircraft components to military and commercial aftermarket. Alexandria, Virginia-based VSE said Thursday it expects the deal to diversify the company’s aviation segment and expand its reach into new international markets. Desser Aerospace provides c...
Boston-based private equity firm Advent International and Canada-based British Columbia Investment Management Corp. have finalized their acquisition of Maxar Technologies in an all-cash transaction valued at approximately $6.4 billion, or $53.00 per share. With the transaction’s completion, Maxar will continue to operate as a U.S.-controlled a...
Culmen International, a technical and management support provider in counter-weapons of mass destruction, border security and international development areas, has acquired Maryland-based Vysnova Partners. Vysnova Partners provides professional support services across the areas of public and global health, translational research and development, geos...
Rapid technological advancements have made space more accessible than ever before, opening a new arena for competition between the U.S. and its adversaries. As space continues to grow in influence, the Department of Defense has made it a priority to ensure the security of the evolving domain. Though adversaries are actively working to dominate ...
By Mark Townsend, Vice President of Professional Services at Invicti Security With access to some of the world’s most sensitive and secure data and systems, the U.S. Department of Defense is a natural candidate to lead innovation on zero trust security. To that end, the department has set an ambitious five-year goal to deploy zero...
Since the 1980s, the United States has been pivoting along an ever-evolving tract of developing technologies to protect against and respond to adversarial missile attacks. The Missile Defense Agency (once the Strategic Defense Initiative Organization and the Ballistic Missile Defense Organization) aims to be agile in its stance toward threats from r...
Parsons (NYSE: PSN) posted $1.2 billion in fiscal year 2023 first quarter revenue, 24 percent higher than sales reported during the same period last year. Contract award activity and the 2022 acquisition of Xator drove the growth in quarterly sales, according to the company’s financial report published Wednesday. Xator contributed $112 million...
Some of our nation’s most critical systems are facing increasingly complex and dangerous threats as hackers grow more sophisticated and even the smallest vulnerabilities leave organizations exposed. Executive Mosaic sat down with Matt Heideman, president and general manager of Xage Security Government, to take a closer look at the ...
