Save the date — the Potomac Officers Club’s 9th Annual Army Summit is officially on the calendar for Thursday, June 13, 2024! The Honorable Doug Bush, assistant secretary of the Army for Acquisition, Sustainment and Logistics, has been confirmed as a keynote speaker for the event. Get your tickets early for the best rate — register here...
When most people think of generative artificial intelligence, these days they’re thinking of commercial large language models like OpenAI’s ChatGPT, Anthropic’s Claude or Microsoft Copilot. But genAI, as it’s known, also has immense utility in the public sector space as a data organization tool and to automate certain customer experience pro...
Leonardo DRS (Nasdaq: DRS) has secured a potential five-year, $177.9 million contract from the U.S. Army to provide support services for several combat vehicles. The cost-plus-fixed-fee contract covers support for Abrams M1 tank family of vehicles, Bradley Fighting Vehicles, M88 Recovery FoVs, Assault Breacher Vehicles and Joint Assault Bridges, the...
Recent momentum in artificial intelligence could be seen as a largely American enterprise, led by domestic companies such as OpenAI and federal government initiatives from the likes of the Department of Defense’s Chief Digital and Artificial Intelligence Office — not to mention multiple presidential executive orders on the matter. However, U.S. ...
President Joe Biden on Saturday signed into law an appropriations package that includes the $825 billion defense spending bill for fiscal year 2024. The consolidated appropriations measure would provide funding for federal agencies through the end of September, the White House said Saturday. Defense News reported the House passed the bipartisan pack...
Executive Mosaic’s GovCon Index stayed flat despite negative returns in three of five sessions. The index, which tracks the stock performances of 30 major government contractors, hardly moved with a negligible $0.20 uptick week-on-week to $4,880.65. Meanwhile, the three major equities indexes booked weekly gains, resulting in Wall Street’s best...
Project Maven was launched in 2017 to accelerate the adoption of artificial intelligence across the U.S. military. The initiative has made tremendous strides in its efforts to explore new AI technologies, and in November, it became a program of record at the National Geospatial-Intelligence Agency. Rachael Martin, director of NGA’s Maven Office a...
While artificial intelligence is still a growing technology and comes with its share of risks and unknowns, some experts feel that the U.S. government is being too conservative about releasing information to the public regarding AI. “I think we all recognize we do not want to put out and jeopardize information that’s important to the...
Lockheed Martin is a multinational aerospace, defense, and technology corporation well-known for its state-of-the-art contributions to space exploration and national security. With more than a century of experience, it has made a name as a pioneer in cutting-edge technological solutions that influence the direction of the aerospace and defense indus...
The appropriations committees of the House and Senate on Thursday released the $825 billion defense spending bill for fiscal year 2024. The FY 2024 Defense Appropriations Act reflects a $27 billion increase from the FY 2023 enacted funding level, the House Appropriations Committee said Wednesday. The appropriations measure would provide $3.72 billio...
