Oshkosh (NYSE: OSK) has closed its acquisition of engineering company Pratt Miller in a debt- and cash-free transaction worth approximately $115M. “This acquisition will allow us to leverage Pratt Miller’s experience and innovation in areas such as artificial intelligence, robotics, autonomous and connected systems and electrification, positioni...
Lockheed Martin (NYSE: LMT) has received a five-year, $254.7M contract from the Missile Defense Agency to maintain two batteries for the United Arab Emirates’ Terminal High Altitude Area Defense system. The company’s space business will also manage logistics and associated product database, develop software, provide training, conduct fie...
President Donald Trump has signed an executive order that would require government agencies to review security risks associated with unmanned aircraft systems from foreign adversaries and remove from the federal fleet such drones. The order directs all federal agencies to submit a report to the Director of National Intelligence and head of the Offic...
Lynne Doughtie, former chairman and CEO of KPMG’s U.S. operations, has been named to Boeing’s (NYSE: BA) board of directors as part of its audit and finance committees. She will fill the seat vacated by Caroline Kennedy, who has served on Boeing’s board over the past three years, the aerospace and defense company said Friday....
The U.S. Space Force’s Space and Missile Systems Center officially awarded on Friday a potential $12B agreement to the National Security Technology Accelerator to manage the Space Enterprise Consortium over a 10-year period. SMC originally planned to award the SpEC management agreement to NSTXL by the end of December but delayed the award to furth...
A subsidiary of Accenture (NYSE: ACN) will use artificial intelligence and machine learning to accelerate analysis of geospatial imagery under a potential four-year contract with the Intelligence Advanced Research Projects Activity. The company said Thursday Accenture Federal Services will work with Element84, I2R, Boston University, Cornell Univers...
William Conley, chief technology officer of Mercury Systems (Nasdaq: MRCY), has been named to the board of directors for the National Defense Industrial Association‘s Central Georgia chapter. He will serve as a board member for a term of up to six years and be part of the trade organization that aims to drive national security...
A TechFlow subsidiary will help the U.S. Navy manage base operations at Naval Air Station Patuxent River in Maryland under a potential $129M indefinite-delivery/indefinite-quantity contract. EMI Services will support the management of the installation’s airfield facilities, utilities, special events and water and environments services, the Dep...
David Goldfein, former chief of staff of the U.S. Air Force and two-time Wash100 Award recipient, has been named a senior adviser at New York-based investment company Blackstone (NYSE: BX). Goldfein retired from the Air Force in October with the rank of general after 37 years of service and will provide advice to the Blackstone...
Pat Gelsinger, CEO of virtualization software provider VMware (NYSE: VMW) since September 2012 and a four-decade technology industry veteran, has been appointed by the board of directors at Intel (Nasdaq: INTC) to serve as the chipmaker’s CEO effective Feb. 15. He will succeed Bob Swan, who has led Intel since January 2019, and serve as...
