Boston-based software firm Neurala has received $14 million in a Series A funding round led by venture capital firm Pelion Venture Partners. Neurala will use the funds to meet customer demand and add built-in autonomous behavior and intelligence functions to its deep learning neural networks software that works to make cars, cameras and other d...
Charles Kriete, formerly chief marketing officer of Kore Wireless Group, has joined TESSCO Technologies (Nasdaq: TESS) as senior vice president for product management and solutions at the Hunt Valley, Maryland-based wireless communications technology supplier. Kriete will report directly to Murray Wright, TESSCO president and CEO, and...
Executive Mosaic’s GovCon Index registered a 0.263-point gain to 88.954 Friday as gainers outnumbered decliners 17 to 13. McKesson Corp. (NYSE: MCK) was the top net performer in the GCI while Rockwell Collins (NYSE: COL) was the top percentage gainer. Pharmaceutical services provider McKesson also led among stocks co-listed in t...
Executive Mosaic’s GovCon Index held higher Friday to post a weekly advance on boosts from from blue chip stock McKesson Corp. (NYSE: MCK) and aerospace company Rockwell Collins (NYSE: COL) after a first quarter earnings. U.S. stocks sharply pared their gains after now President Donald Trump’s inaugural spee...
TYSONS CORNER, VA, Jan. 20, 2017 ” Dell Technologies‘ (NYSE: DVMT) RSA business has achieved Common Criteria Evaluation Assurance Level 2+ certification for its governance, risk management and compliance platform, ExecutiveBiz reported Thursday. RSA said Monday Archer GRC Release 6.1 is designed to manage risk acr...
TYSONS CORNER, VA, Jan. 20, 2017 ” The U.S. Navy has awarded ManTech International (Nasdaq: MANT) an $11.2 million contract modification to continue the company’s support services for the Ship Maintenance and Logistics Information Systems program, ExecutiveBiz reported Thursday. ManTech will provide uninterrupted enter...
TYSONS CORNER, VA, Jan. 20, 2017 ” Leidos (NYSE: LDOS) has secured a one-year, $22 million delivery order to supply terrain data and battlefield equipment to help construct training environments for U.S. Army simulation systems, ExecutiveBiz reported Thursday. The delivery order was awarded under the military servi...
TYSONS CORNER, VA, Jan. 20, 2017 ” CenturyLink (NYSE: CTL) has secured a 10-year agreement with the NASPO ValuePoint Cooperative Purchasing Organization for the delivery of cloud services to state and local government agencies, ExecutiveBiz reported Thursday. The company said Wednesday its cloud offerings will work to support users to...
TYSONS CORNER, VA, Jan. 20, 2017 ” The U.S. Army has awarded IBM (NYSE: IBM) a potential five-year, $62 million task order to create and manage an on-premise private cloud platform as part of the military service’s Army Private Cloud Enterprise program, ExecutiveBiz reported Thursday. IBM said Wednesday the task order also cover...
GovCon Index-listed Rockwell Collins (NYSE: COL) reported first quarter earnings above Wall Street analysts’ expectations Friday with help from higher avionics and other aviation-related sales in the Cedar Rapids, Iowa-based aerospace company’s government business. Rockwell Collins said earnings for the October-December pe...
