VTG has acquired Fairfax, Virginia-based systems engineering company Intelligent Shift for an undisclosed sum in a move to add intelligence agencies to the former’s national security customer portfolio. Chantilly, Virginia-based VTG said Wednesday the transaction also expands the company’s systems, digital and software engineering suppor...
NCI Information Systems has won a prime $807 million task order, the largest in the company’s history, to support the General Services Administration (GSA) Office of Digital Infrastructure Technologies (IDT) as a strategic partner to help transform GSA IT capabilities, drive digital modernization, provide a more flexible service delivery model and...
Unmanned aircraft system manufacturing company AeroVironment (Nasdaq: AVAV) has agreed to acquire Arcturus UAV in a cash-and-stock transaction valued at approximately $405M as part of efforts to expand into adjacent segments and broaden UAS portfolio and customer footprint. AeroVironment said Wednesday it expects to complete the acquisition in the f...
The Department of Defense has launched an electronic marketplace with the goal of connecting small- to medium-sized businesses to capital providers for emerging national security technology requirements. DOD said Wednesday it established the Trusted Capital Digital Marketplace program to offer SMBs access to an investment network designed to drive d...
The Pentagon has recently announced the redistribution of the chief management officer (CMO) functions, Federal News Network reported on Wednesday. Of the changes, the Pentagon will strengthen the Department of Defense (DoD) comptroller’s office to head business process improvements across the department. The comptroller will serve as DoD’s perf...
Since the onset of COVID-19, the government and industry have expedited the development process of new technologies and offerings to remain competitive in the evolving landscape. Innovation units across the nation have focused on artificial intelligence, autonomy and robotics, to support data and networks. During Potomac Officers Club’s 7th ...
The General Services Administration will remove from Multiple Award Schedules contracts unmanned aircraft systems and other drones to address potential security risks associated with the use of such devices. GSA said Tuesday its decision does not cover drones approved by the Defense Innovation Unit under the Blue sUAS program, which seeks to provide...
Booz Allen Hamilton executives Steve Escaravage, senior vice president, and Graham Gilmer, principal, will discuss how to advance technology at speed as well as how private-public partnerships are critical to maintaining the competitive advantage within the technology race during Potomac Officers Club’s 3rd Annual Artificial Intelligence Summit on...
The U.S. Air Force has awarded an additional 36 spots on a potential $950M contract to build and operate systems across the ground, sea, air, cyber, electromagnetic spectrum and cyber domains as part of the Joint All Domain Command and Control program. The vendors will compete for task orders under the indefinite-delivery/indefinite-quantity contrac...
The White House Office of Science and Technology Policy (OSTP) has established the National Artificial Intelligence Initiative Office, which will advance artificial intelligence research and policymaking across government, industry and academia, FedScoop reported Tuesday. “The National Artificial Intelligence Initiative Office will be integr...
