Some executives from defense trade associations are raising concerns over the potential impact of a full-year continuing resolution and the lack of a congressional deal over an omnibus federal spending measure for fiscal year 2022, Defense News reported Friday. Arnold Punaro, chairman of the National Defense Industrial Association and a previous Was...
In its most recent Executive Spotlight interview, ExecutiveBiz spoke with Ro Dhanda, vice president of public sector with H2O.ai, about the company’s lessons learned in artificial intelligence and machine learning capabilities, Open Source and Driverless AI platform as well as top priorities and growth goals. Here’s an excerpt from the inter...
The conversation surrounding cryptocurrency and other digital assets has gained new context in the U.S. federal government following the release of a highly-anticipated document from the Federal Reserve on digital currencies. The Federal Reserve’s paper, Money and Payments: The U.S. Dollar in the Age of Digital Transformation, d...
On Wednesday, top executive officials from federal space agencies and industry spoke on optimizing acquisition processes, accelerating technology innovation and creating more interoperable systems in the wake of massive space sector reorganization and reinvigoration efforts during GovCon Wire Events’ Space Acquisition Forum. Following an ...
The Federal Reserve Board issued a discussion paper outlining the potential benefits, risks and policy considerations for a U.S. central bank digital currency. The paper titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation” includes a discussion of existing forms of money, the current state of the U.S. payment system ...
Anduril Industries has won a $967.6 million contract to serve as an industry partner of U.S. Special Operations Command for a counter-unmanned system prototyping project. The Irvine, California-based technology company will help SOCOM integrate systems under the indefinite-delivery/indefinite-quantity, follow-on production contract, the Department o...
Lt. Gen. Michael Guetlein, commander of the U.S. Space Force’s Space Systems Command, spoke at length on the “booming” space economy, growing adversarial threats in the space domain and the nation’s most pressing space capability gaps in a closing keynote address during the Space Acquisition Forum, hosted by GovCon Wire Events on Wednesday...
Joel Machen, formerly vice president of product development for Inmarsat‘s government business arm, has joined SpiderOak Mission Systems to serve as VP of program management for zero trust hybrid space security products. Dave Pearah, CEO SpiderOak, said in a statement published Thursday Machen will be responsible for supporting delivery of Orb...
The Potomac Officers Club on Wednesday hosted its 8th Annual Defense R&D Summit, which fostered collaborative conversations between distinguished public and private sector defense leaders surrounding the Pentagon’s paramount research and development initiatives to close crucial capability gaps within Department of Defense agencies, d...
KnightSwan Acquisition has put a $10 price tag on shares for its initial public offering and expects to raise $200 million. The special purpose acquisition company intends to sell 20 million units that will trade Friday under the symbol “KNSW.U” on the New York Stock Exchange, KnightSwan said Thursday. New York-based KnightSwan offered its book-...
