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Executive Mosaic is pleased to present Jim Taiclet, president and CEO of Lockheed Martin, as a recipient of the 2021 Wash100 Award for sustaining company growth through acquisition deals and contract wins, promoting support to supply chains during the COVID-19 pandemic, and advancing military technology and 5G. This marks the first-time that Taiclet...

Federal acquisition processes must be on the cutting edge of technology to stay operable and efficient. Federal leaders have worked to modernize their acquisition systems to increase the adoption rate of innovative solutions, including information technology (IT), cloud and other critical emerging technologies. Agencies need to continue to implement...

A joint venture between Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary received a $143.2 million delivery order to help the U.S. Navy and the U.S. Air Force address logistical requirements for Osprey military tiltrotor aircraft parts. Bell Boeing Joint Program Office will deliver and repair components of Osprey’s MV-22B and ...

Michael Bosco, formerly vice president and business development executive for the emerging markets group at Akima, has joined Sev1Tech as senior VP of Army mission solutions. He will aim to grow Sev1Tech’s command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance technology offerings for the Army and spe...

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...

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...