The Government Accountability Office has urged the Department of Defense to come up with a systematic approach to monitor other transaction agreement award dollars each consortium receives. GAO found that the lack of such an approach keeps DOD from collecting data on OTA obligations each consortium has secured, according to a report published Tuesda...
Mark Serway, interim president and CEO of Hitachi Vantara Federal over the past six months, has been appointed to the dual role on a full-time basis. The data services provider’s board of directors assigned Serway to temporarily take the helm on top of his chief financial officer duties in March after David Turner resigned. Serway...
Wagish Bhartiya, vice president of software-as-a-service operations at REI Systems, has been elevated to the position of chief growth officer. As head of business development and marketing functions, Bhartiya will lead efforts to expand REI’s customer portfolio, industry presence and organic and new growth initiatives, the company said Tuesday...
Integral Federal has expanded its leadership team with the appointment of GovCon industry veterans Manuel Mendez and Jason Siminski as chief financial officer and chief growth officer, respectively, as the company aims to reach $200 million in annual revenue by 2025. Mendez will lead finance and accounting, contract, program control and information ...
Razor’s Edge, a venture capital firm that invests in national security-focused technology companies, has reached nearly $340 million in investor support upon the closure of its third fundraising effort. The Reston, Virginia-based firm said Tuesday the investment fund, which is 36 percent more than the $250 million fundraising target it initially s...
Kevin Hansen, public sector chief technology officer at Micro Focus Government Solutions, said government agencies looking to implement cloud-based systems and manage mission-critical legacy information technology platforms should develop a strategy that takes agility, flexibility and governance into consideration. “To avoid legacy IT dependencies...
Ideas, Commitment, Results has received a 10-year, $532 million sole-source contract from the U.S. Air Force to provide machine learning, visualization approaches and data analytics and science services in support of accelerated special programs. Work under the Small Business Innovation Research Phase III award will be conducted at ICR’s Auror...
Switzerland will buy from the U.S. government 36 Lockheed Martin-built (NYSE: LMT) F-35A fighter jets under a potential $6.25 billion contract. The European country expects deliveries of the F-35 conventional takeoff-and-landing variant to occur between 2027 and 2030 to replace its fleet of F/A-18 Hornet and F-5 Tiger fighter jets under the procurem...
The Department of Defense has stepped up efforts to encourage defense contractors to start decoupling their supply chains from China and begun using artificial intelligence to quickly determine whether raw materials, electronics and aircraft components come from China and other potential competitors, The Wall Street Journal reported Sunday. The U.S....
Former State Department official Thomas Smitham has been named chief of the U.S. business development unit at aerospace and defense conglomerate Leonardo. Smitham, who most recently served as acting ambassador to Italy, will be responsible for helping grow the company’s market presence in the U.S through commercial campaigns and instituti...
