Raytheon (NYSE: RTN) recorded $6.6 billion in net sales for the second quarter of fiscal 2018, reflecting a 5.5 percent increase from the same period last year. The company said Thursday it logged $8.7 billion in Q2 bookings and $1.2 billion in operating cash flow related to second-quarter continuing operations. The defense contractor posted $3...
The U.S. Customs and Border Protection has awarded OSI Systems™ (Nasdaq: OSIS) security division a potential five-year, $140 million contract to help maintain equipment CBP uses to inspect vehicles, cargo and parcels. OSI said Thursday it received a $25 million initial delivery order to provide maintenance, logistics, parts ...
Octo Consulting Group has appointed Simon Godwin, a certified project management professional, as vice president of federal civilian programs, and Craig Summers, formerly VP of technology at CollabraLink Technologies, as VP for commerce accounts. Mehul Sanghani, CEO and founder of Octo, said in a statement published Thursday Godwin and Summers both ...
TYSONS CORNER, VA, July 26, 2018 ” A General Dynamics (NYSE: GD) business unit hosted a collaborative cybersecurity training exercise for employees earlier this month that highlighted the use of artificial intelligence and machine learning in cyber efforts, ExecutiveBiz reported Tuesday. General Dynamics Information Technology said Tuesday...
TYSONS CORNER, VA, July 26, 2018 ” The government services unit of Parsons will support the build-out of the U.S. Army‘s Enhanced Network Visualization Environment Cyber Operations Infrastructure under a $75.6 million modification to a previously awarded contract, ExecutiveBiz reported Wednesday. The Defense Department said...
TYSONS CORNER, VA, July 26, 2018 ” KBR‘s (NYSE: KBR) government services business will provide sustainment support for the U.S. Air Force‘s existing intercontinental ballistic missile system under a potential $36.5 million task order, ExecutiveBiz reported Wednesday. The company said Wednesday the award from the Air Force ...
TYSONS CORNER, VA, July 26, 2018 ” ICF (Nasdaq: ICFI) has found via a survey that 90 percent of federal agency leaders believe their organizations should prioritize citizen experience in their digital transformation initiatives, even as 80 percent indicate greater focus on back-end technology, ExecutiveBiz reported Wednesday. The comp...
TYSONS CORNER, VA, July 26, 2018 ” IBM (NYSE: IBM) has collaborated with the Air Force Research Laboratory to develop an experimental supercomputer designed to operate with computing power similar to a human neural network to perform pattern recognition and sensory processing applications, ExecutiveBiz reported Wednesday. AFRL’s informati...
Government and industry representatives gathered Tuesday for the Potomac Officers Club™s The Future of Algorithmic Warfare Forum, anchored by a panel of defense and intelligence experts and keynote speaker Lt. Gen. John N.T. œJack Shanahan, director for defense intelligence (warfighter support) at the Office of the Under Secret...
Dovel Technologies has won a potential five-year, $377 million contract to update and manage a grants management services platform that multiple federal agencies use. The company said Tuesday it will provide technology and programming support for the GrantSolutions Center of Excellence, which handles over $80 billion in grant awa...
