Researchers at the Department of Energy’s Lawrence Livermore National Laboratory in California have achieved fusion ignition, a milestone that could provide insights into the development of clean fusion energy and lead to advancements in national defense. A controlled fusion experiment performed at the National Ignition Facility on Dec. 5 applied ...
Software company C3 AI (NYSE: AI) will advance the deployment of enterprise artificial intelligence applications across the Missile Defense Agency under the first three orders awarded through a potential five-year, $500 million production-other transaction agreement. C3 AI said Tuesday the first order calls for the delivery of an enterprise AI capab...
Coming out of his undergraduate work in chemical engineering at the University of Tennessee, Kent Wilcher considered three industries: oil and gas, pharmaceuticals and defense. After some brief deliberation, his answer was fairly easy. He decided to serve the defense industry because of his belief in its mission—he wanted something highly technica...
As a collective entity united under the mission of achieving Joint All Domain Command Control, the U.S. military has intensified its spending on developing various technologies to benefit intelligence-gathering. Artificial intelligence and machine learning, as well as various data-sharing and cybersecurity tools have undergone a renewed focus and in...
IBM (NYSE: IBM) has agreed to buy government technology services provider Octo from Arlington Capital Partners in a move to complement Big Blue’s IT and digital transformation offerings for the federal sector. Baird served as financial adviser to Arlington and Octo on the transaction. Financial terms of the deal were not disclosed and all the...
Thomas Kennedy, former executive chairman of Raytheon Technologies (NYSE: RTX), has been appointed to the board of directors at Textron (NYSE: TXT). Textron said Wednesday the 38-year industry veteran and former Air Force captain will start his role as a board member of the Providence, Rhode Island-based conglomerate on Jan. 1. He previously led Ray...
James Lackey spent three decades serving as a civilian in the Department of Defense in various capacities. He began as a flight test engineer at Naval Air Systems Command in Patuxent River, Maryland, where he quickly ascended to a department management position. After this, Lackey was promoted to the Pentagon as a senior executive working...
The State Department has approved a pair of proposed agreements worth a combined $428 million to sell non-standard and standard military aircraft spare parts to the government of Taiwan. Taiwan’s economic and cultural representative office asked to procure accessories, spare parts and consumables for F-16, C-130 and other U.S.-manufactured air...
IBM has agreed to acquire information technology modernization and digital transformation services provider, Octo, from Arlington Capital Partners in a deal advised by Baird. The acquisition, which marks IBM’s eighth this year, is anticipated to augment the organization’s digital transformation capabilities in defense, health and civil...
When Vectrus and The Vertex Company completed their merger to form V2X in July, the enterprise’s projected pro forma revenue was approximately $3.4 billion. As the year comes to a close, V2X now has a combined backlog of over $12 billion, which is three and a half times more than early estimates anticipated. Leading the merged entity’s...
