Nvidia (Nasdaq: NVDA) has rolled out a central processing unit designed to help customers manage high-performance computing and artificial intelligence workloads at data centers. Grace CPU uses processor technology from U.K.-based semiconductor vendor Arm and supports natural language processing model training, Nvidia said Monday. Jensen Huang, foun...
Searchlight Capital Partners, a private investment firm, has agreed to buy Technical Airborne Components from TransDigm Group (NYSE: TDG) for an undisclosed sum. Belgium-based TAC designs and produces rods and struts for helicopters, commercial planes, military aircraft and space programs and operates with about 170 employees, the companies said in ...
A new McAleese & Associates report says the Biden administration proposed a $769 billion budget for non-defense domestic programs for fiscal year 2022, a 16 percent increase over enacted FY 2021 spending levels, plus $753 billion for the Department of Defense and national security programs, up 1.7 percent from current funding levels. Jim McAlees...
Steve Schorer, chairman and CEO of Alion Science and Technology, was presented his 2021 Wash100 Award, the second time that Schorer has received the highest honor in all of government contracting (GovCon), during a recent visit to Alion from Jim Garrettson, CEO of Executive Mosaic. “Steve Schorer has proven himself as a lateral conceptualizer. He...
Hewlett Packard Enterprise (NYSE: HPE) will develop a new supercomputer for the Department of Energy’s Los Alamos National Laboratory in early 2023 under an expanded collaboration with LANL. The new supercomputer will provide the national lab with analytics and artificial intelligence capabilities to help researchers facilitate simulation and mode...
Executive Mosaic is honored to present Lou Von Thaer, president and CEO of Battelle, as a recipient of the Wash100 Award, this year’s highest honor in all of government contracting (GovCon), for his leadership and innovation in COVID-19 research and development programs as well as his drive to assist in the pandemic’s relief efforts for...
Mark Gerencser, chairman of Business Executives for National Security (BENS), has received his fourth Wash100 Award as a recipient of the 2021 class for his stellar leadership as BENS’ chairman and other organizations as well as his drive and vision to establish a whole new national response and address our national security issues. “Mark Gerenc...
Grant Thornton’s public sector arm has received a potential five-year, $350 million contract to help the Transportation Security Administration identify and develop technologies for secure travel operations. The Program Analysis and Strategic Support blanket purchase agreement covers program support and integrated consulting services to help the T...
Steve Hamric, former executive vice president and chief financial officer of information technology services provider 1901 Group, has been appointed CFO at Falls Church, Virginia-based health IT company Cognosante. The company said Monday Hamric brings more than two decades of financial leadership experience to his new position and is CognosanteR...
President Joe Biden said the U.S. should invest in its semiconductor infrastructure to address the current chip shortage, NBC News reported Tuesday. “These chips, these wafers … batteries, broadband — it’s all infrastructure. We need to build the infrastructure of today and not repair the one of yesterday,” Biden said Monday during the...
