A joint venture between Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary received a $143.2 million delivery order to help the U.S. Navy and the U.S. Air Force address logistical requirements for Osprey military tiltrotor aircraft parts. Bell Boeing Joint Program Office will deliver and repair components of Osprey’s MV-22B and ...
UiPath, a New York-based automation software company, has filed for an initial public offering to raise up to $1.1 billion and plans to trade on the New York Stock Exchange under the ticker symbol “PATH,” Bloomberg reported Monday. UiPath and its shareholders plan to offer a total of 21.3 million class A shares at a...
Mark Gerencser, chairman of Business Executives for National Security (BENS), has received his fourth Wash100 Award as a recipient of the 2021 class for his stellar leadership as BENS’ chairman and other organizations as well as his drive and vision to establish a whole new national response and address our national security issues. “Mark Gerenc...
Microsoft (Nasdaq: MSFT) is nearing a potential deal to acquire Burlington, Massachusetts-based artificial intelligence technology developer Nuance Communications (Nasdaq: NUAN) for $56 per share, or approximately $16 billion, Bloomberg reported Sunday. The estimated price of the transaction is a premium of 23 percent to Nuance’s Friday closin...
The Joint All Domain Operations (JADO) continues to help U.S. warfighters manage the modern battlefield’s information overload. JADO unites multiple defense systems and data sources to warfighters to provide combatants with comprehensive situational awareness. JADO enables warfighters to make quick decisions to dive into actions to achieve inf...
TYSONS CORNER, VA, April 12, 2021 — Maxar Technologies (NYSE: MAXR) will help the U.S. Army further develop predictive analysis tools for geospatial intelligence collection and analysis under a $48.3 million Small Business Innovation Research Phase III contract, ExecutiveBiz reported March 29. Tony Frazier, executive vice president of global field...
Executive Mosaic is honored to present Kathleen Hicks, deputy secretary of defense, as a 2021 Wash100 Award recipient for her data prioritization efforts and policy advancements, which will ready the federal defense sector for the future of warfare. This marks Hicks’ first Wash100 Award. Hicks, a former Department of Defense (DOD) official, was co...
Mike Madsen, deputy director and director of strategic engagement at the Defense Innovation Unit (DIU), has received his first Wash100 Award, the most significant award in government contracting (GovCon), for his leadership, innovation and success to drive commercial technology and partnerships to advance IT capabilities for both sectors. Visi...
Federal acquisition processes must be on the cutting edge of technology to stay relevant and efficient. Federal leaders have worked to modernize their acquisition systems so as to increase the adoption rate of innovative solutions, including information technology (IT), cloud and other emerging technologies. Agencies must continue to implement new a...
Five companies have won spots on a five-year, $25 million contract to help the U.S. Army’s Combat Capabilities Development Command connect with external organizations to develop a science, technology, engineering and math talent pipeline. Contractors will support CCDC in networking pursuits in the government, commercial and academic sectors to...
