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President Joe Biden has instructed the U.S. government to assess the potential benefits and risks of establishing a central bank digital currency and address other issues amid the rise in the adoption of cryptocurrencies and other digital assets. The executive order outlines a national policy for digital assets with the goal of protecting U.S. consu...

ExecutiveBiz featured Ryan Legge, president of analytics at BigBear.ai, in its most recent Executive Spotlight interview published Wednesday. He discussed the company’s artificial intelligence and machine learning capabilities, its efforts to drive data-driven decision-making structure at the U.S. Army as well as its support for customers in t...

Arcfield has appointed Lori Becker, former chief financial officer of Sierra Nevada Corp., to the CFO position and named Mike Smith, a 23-year U.S. Secret Service veteran, chief security officer of the Chantilly, Virginia-based systems engineering and integration contractor. Both newly appointed executives will report to Arcfield Chairman and CEO Ke...

During the State of the Union address on March 1, President Biden called for tightened border security and highlighted the “cutting-edge” technology currently being deployed at ports of entry to fortify the border. “If we are to advance liberty and justice, we need to secure the border and fix the immigration system,” Biden stated. “I...

Tetra Tech (Nasdaq: TTEK) has purchased Axiom Data Science for an undisclosed sum to broaden its climate data analytics platforms and will operate the acquired company as part of its government services group. Axiom is based in Anchorage, Alaska, and performs climate science modeling to help federal, academic, nongovernmental organizations and comme...

Vectrus (NYSE: VEC) saw its full 2021 revenue increase 28 percent to $1.78 billion and reported $419.4 million in sales for the fourth quarter of 2021, up 18 percent from the prior-year period. The Colorado Springs, Colorado-based government services contractor said Monday it ended the year with a total backlog of $5 billion, of which...

Dave Wajsgras, a two-decade aerospace and defense industry leader and a six-time Wash100 awardee, will assume the role of CEO of Intelsat on April 4. He will succeed the retiring Stephen Spengler, who has served in various senior leadership roles for more than 18 years and as CEO of the satellite communications company for seven...