Boeing signed an agreement on Monday with EPIC Fuels to purchase 2 million gallons of blended sustainable aviation fuel, or SAF, that will power its commercial operations in two U.S. states through the end of the year. The purchase marks the largest SAF procurement by an airframer and positions Boeing as a leader in SAF adoption...
L3Harris Technologies (NYSE: LHX) reported $4.4 billion in revenue for the fourth quarter of 2021 and $17.8 billion in full year revenue. The Melbourne, Florida-based defense company said its 2021 operating cash flow was $2.7 billion, with an adjusted free cash flow of $2.75 billion. “The L3Harris team delivered solid EPS growth, consistent with ...
Bank of America’s global crypto and digital asset specialists forecast that the U.S. could advance and introduce a central bank digital currency as early as 2025, BloombergQuint reported Tuesday. CBDCs “are an inevitable evolution of today’s electronic currencies,” BofA strategists Alkesh Shah and Andrew Moss wrote in the report. Both st...
Defense agency and commercial sector leaders came together on Wednesday to examine the Department of Defense’s current research and development strategies, technology innovation efforts and acquisition reform initiatives during the Potomac Officers Club’s highly-anticipated 8th Annual Defense R&D Summit. After the virtual audience heard fr...
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...
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 ...
Lt. Gen. Michael Guetlein, commander of the U.S. Space Force’s Space Systems Command, spoke at length on the “booming” space economy, growing adversarial threats in the space domain and the nation’s most pressing space capability gaps in a closing keynote address during the Space Acquisition Forum, hosted by GovCon Wire Events on Wednesday...
The Potomac Officers Club on Wednesday hosted its 8th Annual Defense R&D Summit, which fostered collaborative conversations between distinguished public and private sector defense leaders surrounding the Pentagon’s paramount research and development initiatives to close crucial capability gaps within Department of Defense agencies, d...
Wednesday’s Space Acquisition Forum, hosted by GovCon Wire Events, brought together leading space experts from government and commercial organizations to examine the acquisition reform goals, technology focus areas and critical capability gaps shaping innovation across the space domain as the U.S. continues its pursuit of space superiority over ...
The top official in charge of the Department of Defense organization responsible for commercial technology deployments to the U.S. military will deliver a closing keynote address to the Potomac Officers Club’s 8th Annual Defense Research and Development Summit on Wednesday, Jan. 19. Michael Brown, a former Symantec CEO, assumed the director po...
