General Motors‘ (NYSE: GM) defense subsidiary has established a new arm focused on expanding the company’s global marketplace footprint through delivery of products and services to international defense and government customers. General Defense‘s international entity will offer technologies for electric, autonomous and connected vehicl...
The Senate passed a bill that would repeal a provision in a 2006 law that directed the Department of Homeland Security to preclude the use of subcontracts for over 65 percent of the cost of certain contracts covering emergency response and recovery work. Sens. Gary Peters, D-Mich., and Rob Portman, R-Ohio, chairman and ranking member...
Raj Iyer, chief information officer of the U.S. Army, said the service intends to spend $1.4 billion by fiscal year 2023 on the modernization of its enterprise resource planning systems used to manage its financial, logistics, human resources and training activities, Breaking Defense reported Friday. He told reporters during a briefing Thursday the ...
Robert Carey, president of Cloudera Government Solutions, said he believes government agencies have made progress in using data as a strategic asset and connecting data securely to speed up decision-making processes and accelerate missions since they now have the tools that allow them to manage and command and control data. Federal agencies “are a...
In a recent Executive Spotlight interview, ExecutiveBiz spoke with John Heneghan, president of ECS and a 2022 Wash100 Award recipient, to talk about the company’s delivery of artificial intelligence, advanced data analytics, cybersecurity, digital transformation and enterprise information technology services to its customers to drive value and...
Shield AI has secured $165 million in a round of Series E financing and will use the capital to advance the development of its artificial intelligence pilot for military and commercial aircraft. Venture funds including Riot Ventures, Disruptive and Homebrew participated in the funding round led by Doug Philippone, co-founder of Snowpoint Ventures an...
America’s Frontier Fund has officially launched as a nonprofit investment fund with a focus on scaling companies and their deep technologies to ensure that the U.S. and its allies maintain tech advantage amid a great power competition. AFF said Thursday its initial focus areas will include artificial intelligence, microelectronics, next-generation...
Joshua Isner, chief revenue officer at Axon (Nasdaq: AXON) for more than four years, has transitioned to the company’s newly created position of chief operating officer. In his new role, Isner will support the office of Axon CEO and founder Rick Smith and will manage overall operational functions including policy execution and employee managem...
In today’s U.S. health care market, speed is a top-ranking priority. In the wake of the COVID-19 pandemic, health care organizations are looking at ways to get technologies, systems and capabilities to market faster than ever before. But as advancements in technology continue to accelerate, the industry can’t afford to lag behind. “The unfortu...
Independent proxy advisory firms Glass Lewis & Co. and Institutional Shareholder Services recommended in their respective reports that shareholders of Vectrus (NYSE: VEC) vote in favor of all proposals related to the planned combination with Vertex during a special meeting to be held on June 15. Chuck Prow, CEO of Vectrus and an eight-time Wash1...
