By Chuck Brooks, president of Brooks Consulting International and one of Executive Mosaic’s GovCon Experts Artificial intelligence, or AI, is not merely a tool in our age of rapid technological advancement; rather, it is the fundamental force behind innovation in all spheres of society. Our world is changing due to AI’s capabilities, whi...
The Department of Veterans Affairs has issued a presolicitation for the Veterans Health Administration’s Biomedical Engineering Technical Professional Support Services, or BETPSS, multiple-award indefinite-delivery/indefinite-quantity contract to assist biomedical engineering operations across VA medical facilities. What Is the Objective ...
Vast has raised $500 million in a funding round led by Balerion Space Ventures to accelerate development of its Haven commercial space stations and support efforts to sustain long-term human presence in low Earth orbit. Recent investment activity in the commercial space sector, including Vast’s latest financing round, underscores continued mom...
Collins Aerospace has secured a $174.1 million contract from the U.S. Special Operations Command to modernize and sustain software systems used on Army Special Operations Aviation aircraft. The indefinite-delivery/indefinite-quantity contract includes cost-plus-fixed-fee, cost-reimbursement and firm-fixed-price contract line items for the Post Deplo...
AeroVironment has secured a three-year, $97.4 million contract through the U.S. Army’s Aviation and Missile Technology Consortium, or AMTC, to develop the Generative Environment for the Next Era of Spectral Imaging Stimulators, or GENESIS. Initiatives such as the GENESIS program highlight the Army’s efforts to modernize. Gain more i...
Lockheed Martin has received a U.S. Navy contract modification valued at $132.9 million to continue providing flight test support for the F-35 Lightning II fighter aircraft. Recent Navy contract actions with industry underscore the service’s continued focus on innovation, sustainment and operational readiness across key platforms. These priorities...
DCS is strengthening its position in the aerospace and defense markets with the acquisition of ARCTOS Technology Solutions. DCS said Thursday it will combine ARCTOS’ expertise in aerospace safety, propulsion, advanced manufacturing and technology transition with its engineering and technical services portfolio. “This acquisition ...
Sierra Space has closed a $550 million equity investment led by LuminArx Capital Management, bringing the defense technology company’s valuation to $8 billion. The Colorado-based firm said Thursday the investment also drew participation from existing investors, including General Atlantic, Coatue, Moore Strategic Ventures and Andalusian Privat...
Lockheed Martin has appointed Mark Kvasnak, currently vice president and chief financial officer of the company’s rotary and mission systems, or RMS, business area, as VP of investor relations, effective March 16. The Bethesda, Maryland-based aerospace and defense contractor said Thursday Kvasnak will succeed Maria Ricciardone, who will remain VP ...
General Atomics Electromagnetic Systems has named Mike Rucker as vice president of the weapons programs division. In his new role, Rucker will be in charge of the division’s day-to-day operations and the Missile Defense and Advanced Weapons System portfolio, the company said Wednesday. “I’m proud to help guide GA‑EMS’ weapons programs at a...
