Network Innovations has acquired STS Global, a Stony Brook, New York-based satellite communications company, for an undisclosed sum as part of efforts to accelerate the development and delivery of customized connectivity platforms and communications services to government, enterprise, media and other markets. “This acquisition offers great potenti...
The U.S. Army has indicated its intent to release a request for prototype proposals for the Common Tactical Truck program that would enable the service to replace legacy vehicles and take advantage of driver safety systems, off-road mobility, cybersecurity, machine learning, artificial intelligence and other emerging technologies. The service plans ...
Dr. Stacey Dixon, principal deputy director of national intelligence at the Office of the Director of National Intelligence (ODNI), has received a 2022 Wash100 Award, the third consecutive time that she’s won the most prestigious award in all of government contracting (GovCon). This year, Dr. Dixon has received a 2022 Wash100 Award for her critica...
During the Potomac Officers Club’s 8th Annual Defense Research and Development Summit Wednesday, some of the top defense sector leaders from government and industry joined to share their insights on the Department of Defense’s most pressing R&D priorities, strategies and technology innovations in today’s ever-evolving defense and comb...
Investment firm Francisco Partners has agreed to acquire IBM’s (NYSE: IBM) health care data and analytics assets for an undisclosed sum and expects the transaction to conclude in the second quarter of 2022, pending regulatory approvals and other customary closing conditions. The assets are part of IBM’s Watson Health business and include Health ...
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 ...
