Cray (Nasdaq: CRAY) has received a potential $600M contract from the Department of Energy to develop an artificial intelligence-based computing machine that can offer analytics and machine learning for national security, energy, healthcare and manufacturing applications. DOE said Tuesday it expects the “Frontier” supercomputer to roll ou...
TYSONS CORNER, VA, May 6, 2019 ” Lockheed Martin (NYSE: LMT) established a new production line for the F-16 Fighting Falcon aircraft last month in South Carolina as it seeks to use the refurbished hangar as manufacturing base for the F-16 Block 70 later in the year, ExecutiveBiz reported April 24. Michele Evans, executive vice...
Raytheon (NYSE: RTN) has received a $419M contract modification to produce AIM-9X Sidewinder all up rounds for the U.S. Navy and U.S. Air Force as well as 24 countries under the foreign military sales program. The modification exercises an option under a previously awarded fixed-price-incentive-firm contract and covers lot 19 production of Block II ...
The U.S. Army has awarded Raytheon (NYSE: RTN) a five-year, $200.2M contract to supply M982A1 Excalibur Ib containerized shells that are designed to engage land targets in a combat environment. Army Contracting Command received one bid for the firm-fixed-price contract via an online solicitation, the Department of Defense said Tuesday. The service b...
Robert Lightfoot, former acting administrator of NASA, has been appointed vice president of strategy and business development at Lockheed Martin™s (NYSE: LMT) space segment in a move that will take effect May 6. He will oversee new business strategy, technology concepts and strategic planning activities for the space business area, which covers...
A General Dynamics (NYSE: GD) business unit has received a $125M contract modification from the U.S. Army to supply general purpose and tritonal bomb components to domestic and foreign military sales clients. General Dynamics Ordnance and Tactical Systems will supply hardware for MK80 and BLU-109 bombs under the modification that includes purchases ...
TYSONS CORNER, VA, April 16, 2019 ” AT&T (NYSE: T) and the First Responder Network Authority will work with the Department of the Navy to deploy the FirstNet national public safety broadband network at U.S. Navy and Marine Corps facilities across the U.S., ExecutiveBiz reported April 1. Seeking Alpha reported April 1 that the service...
John Landwehr, vice president and public sector chief technology officer at Adobe (Nasdaq: ADBE), has said artificial intelligence-driven applications could help government agencies deliver better citizen experience in three ways and one is through content creation. œWhen AI is designed and optimized with content creation in mind, powerful adva...
The Potomac Officers Club hosted the 2019 Data Management Forum on Wednesday to gather the GovCon leaders from the public and private sectors to discuss the challenges surrounding data management for federal agencies. Following an informative keynote address from Michael Conlin, chief data officer of the Department of Defense, an expert panel took t...
The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $237.5M contract to perform hardware design modification on the Guided Multiple Launch Rocket System. Lockheed will also support the qualification process for the modified GMLRS design under the fixed-price-incentive contract, the Department of Defense said Friday. Work is scheduled to occur t...
