Artificial intelligence has become increasingly important in the ever-evolving modern warspace. To address this emerging technology and harness its benefits to ensure decision-making advantage, the Department of Defense recently established the Chief Digital and Artificial Intelligence Office, which holds a goal of accelerating the department&#...
KBR (NYSE: KBR) posted $1.6 billion in revenue during the fourth quarter of fiscal year 2022, up 23 percent from the prior-year period excluding the Operation Allies Welcome program, and reported full-year sales of $6.6 billion, reflecting a year-over-year growth of 9 percent on an ex-OAW basis. The Houston-based engineering contractor said Thursday...
Craig Halliday brings a long history of technology leadership to his role as CEO of Unanet. The software company specializes in enterprise resource planning and customer relationship management programs aimed at the government contracting industry, as well as architecture, engineering, construction and professional services organizations. Previously...
Intuitive Machines will start trading common stock on Nasdaq as a result of the space technology developer’s merger with New York-based special purpose acquisition company Inflection Point Acquisition Corp. The combined entity will trade under the ticker symbol LUNR and will receive $55 million from an affiliate of company founders and sponsor...
End to End Enterprise Solutions, a service-disabled veteran-owned IT services company, has acquired D2K Technologies in a move to gain a share of the artificial intelligence and machine learning market. E3S said Friday the combined company aims to provide a “one-stop-shop” for customers to access advanced technology offerings such as aut...
The U.S. Army has awarded AM General a potential 10-year, $8.66 billion contract to produce up to 20,682 Joint Light Tactical Vehicles and 9,883 JLTV trailers for the joint force and foreign military sales customers. The recompete contract has a five-year base ordering period and five option years, the Army said Thursday. “From the start...
HII (NYSE: HII) saw its fourth-quarter revenue for 2022 rise by 5 percent to $2.8 billion compared with the prior-year period’s $2.67 billion, and recorded 10.7 billion in full-year revenue, up 12.1 percent from the previous year. The military shipbuilder said Thursday it recorded approximately $3.2 billion in Q4 new contract awards and ended the...
Robert Lightfoot, executive vice president of Lockheed Martin’s space business area, has been named to Executive Mosaic’s 2023 Wash100 list of highly esteemed leaders who shape the government contracting narrative at the intersection of federal and commercial sectors. This marks the third time that he has been recognized as a Wash100 Award winne...
Leonardo has received a $91.9 million contract from a U.S. combatant command to modernize the avionics system of a fixed-wing aircraft that supports the missions of special operations forces. Under the Special Operations Command contract, the Italy-based defense and aerospace conglomerate will be responsible for designing, modifying, integrating and...
Executive Mosaic is honored to announce Andy Green, an executive vice president of HII and president of the HII Mission Technologies division, as a recipient of the 2023 Wash100 Award for his leadership in driving strategic growth through major contract awards and advancing innovation aligned with national defense priorities. “Andy is an engag...
