IFS has agreed to acquire Falkonry, a California-headquartered developer of artificial intelligence-powered software, in a push to expand its enterprise software offerings for defense and manufacturing industries. The transaction will combine Falkonry’s automated, self-learning anomaly detection tool with IFS’ AI-based planning, scheduli...
GCOM, a portfolio company of Sagewind Capital, and OnCore Consulting have merged operations with the goal of bringing digital software platforms and related services to the public sector market. John Nichols and Lee Bennett, co-founder and managing director of OnCore, and Lisa Mascolo, former managing director of federal businesses at IBM (NYSE: IBM...
Logistics is one of the most critical factors in determining warfighting success. Today, U.S. adversaries are working to undermine the nation’s ability to transport forces and equipment to areas of need, and according to Gen. Jacqueline Van Ovost, commander of the U.S. Transportation Command, a strong network of partners is crucial to co...
Synthetaic will use Microsoft’s (Nasdaq: MSFT) cloud graphics processing unit compute resources to further develop an artificial intelligence-based image processing tool, called Rapid Automatic Image Categorization, under a five-year strategic partnership agreement. Delafield, Wisconsin-based Synthetaic said Tuesday the RAIC platform is built on t...
ACI Payments and Link2Gov Corp. have won contracts worth $2.07 billion combined to deploy electronic payment systems for the Internal Revenue Service. The two companies will provide taxpayers with options to make debit or credit card payments for federal taxes and user fees, according to award notices posted Saturday on SAM.gov. An IRS ePayment syst...
The U.S. Army has awarded BAE Systems‘ land and armaments business a $113.1 million contract modification to procure modernized units of the Bradley Fighting Vehicle. BAE will provide M2A4 and M7A4 ground armored vehicles to the service branch, the Department of Defense said Wednesday. The Army used its fiscal 2022 and 2023 procurement funds f...
Forward Slope, a technology services company backed by Dallas-based private equity firm Trive Capital, has acquired Soar Technology in a transaction that allows it to expand its client base and core competencies in the defense and national security markets. SoarTech helps the Department of Defense meet mission requirements by developing artificial i...
By Cameron Chehreh, Vice President and General Manager of Public Sector at Intel and 2023 Wash100 Award winner One doesn’t need to look far to discover a tapestry of ways in which the federal government is successfully leveraging artificial intelligence. From the Air Force using AI to plan airlift operations to neuromorphic computing being used...
Deltek has finalized its purchase of time tracking platforms provider Replicon in a transaction that allows it to add the latter’s knowledge workforce management platform and expand its portfolio of information, professional services and enterprise software offerings for project-based organizations. Herndon, Virginia-based Deltek said Tuesday ...
By Eric Trexler, Senior Vice President of U.S. Public Sector at Palo Alto Networks Today’s zero trust conversation has matured since it was originally popularized in 2010 by John Kindervag, one of the world’s foremost cybersecurity experts and a Palo Alto Networks alum. Although the urgency and capabilities for zero trust have exploded in t...
