Executive Mosaic’s GovCon Index rose 0.46% to $4,896.02 Friday as 22 of its constituents advanced. However, the index, which tracks the stock performances of 30 major government contractors, still ended 1.35% lower week-on-week due to the weak start in April. Wall Street’s major indexes closed the week with losses despite bouncing back from thei...
With the U.S. fitting into a larger interconnected web of allies and mutually beneficial geopolitical relationships, anything the country does has ripple effects. Its maneuvers thus require negotiations with partners, which are enabled by technologies that are not just customized for one Department of Defense component, but accessible and usable by ...
Randy Resnick, director of the Zero Trust Portfolio Management Office within the Department of Defense’s Office of the Chief Information Officer, has been named to the 2024 Wash100 list for his work advancing and synchronizing zero trust efforts and initiatives across the DOD enterprise. This marks Resnick’s debut on Executive Mosaic’s Wash10...
The Honorable Doug Bush, assistant secretary of the Army for acquisition, logistics and technology, has been confirmed to speak at the Potomac Officers Club’s 9th Annual Army Summit on June 13. Each year, the Annual Army Summit brings together top Army officials and industry experts to explore the near- and long-term challenges and priorities sha...
Executive Mosaic is excited to confer the honor of the 2024 Wash100 Award to Leidos Chief Growth Officer Gerry Fasano. This year’s award — his fifth consecutive — recognizes Fasano’s increasingly pivotal role in helping to bolster the company’s footprint in the market and his pursuit of defense sector objectives. The Wash100 are the 100...
Zapata AI, an industrial generative artificial intelligence software company, is set to begin trading on Monday, April 1, on Nasdaq after it completed its merger with special purpose acquisition company Andretti Acquisition (NYSE: WNNR). The combined entity will operate as Zapata AI and list its common stock and warrants on Nasdaq using the ticker s...
The Defense Information Systems Agency is responsible for administering infrastructure, IT assistance and communications services to various Department of Defense components and combatant commands. However, the agency’s director says there’s a need for an intelligence-gathering wing to bolster situational awareness and gauge threats. At an AFCEA...
By Nancy Patel, General Manager of Commercial at Unison Risk realization based on cost overruns is a common theme across the globe in the modern era. The U.S. Department of Defense, the U.K. Ministry of Defence and many agencies and departments across the globe have made news with consistent issues, incorrectly forecasting program costs, leading to...
BAE Systems has secured a five-year, $318 million contract to help the U.S. Army sustain its fleet of self-propelled howitzers and carrier, ammunition, tracked vehicles. The company said Wednesday it will provide engineering and logistics services to deliver new capabilities, maintenance and testing for the Army’s M109A6 and A7 howitzers and t...
The field of artificial intelligence is evolving rapidly, and the U.S. government is working to adapt to these constant changes as quickly as possible. To ensure that AI is brought in successfully, federal organizations have devised new strategies to guide their adoption of AI tools. During a panel discussion at the Potomac Officers Club’s 5th An...
