The Department of Defense has formed a task force that intends to advance the responsible development and deployment of large language models and other generative artificial intelligence technologies across DOD. DOD said Thursday the chief digital and AI office will lead Task Force Lima, which will help mitigate risk and address redundancy as the de...
CACI International (NYSE: CACI) posted a 4 percent year-over-year jump in revenues to $1.7 billion for the fourth quarter ended June 30 and an 8 percent increase to $6.7 billion for the full fiscal year 2023. The Reston, Virginia-based government technology services contractor attributed the higher sales to recently completed acquisitions and 6 perc...
President Joe Biden has signed an executive order to address foreign threats to U.S. national security by authorizing the secretary of the Treasury to regulate U.S. investments in countries of concern that are involved in developing technologies considered essential for military, cyber, intelligence and surveillance operations. The EO identifies sem...
DecisionPoint will update a customer experience management tool for the Department of Veterans Affairs under a five-year, $60 million contract. The indefinite-delivery/indefinite-quantity award involves deploying an enterprise software-as-a-service platform to transform VA’s interaction with military veterans and their families, the company sa...
Lockheed Martin (NYSE: LMT) has booked a three-year, $175.2 million contract modification to manufacture additional surface-to-surface precision-strike guided missile systems for initial U.S. Army deployment. The award funds work on the first and second early operational capability production batches of the Precision Strike Missiles, according to a ...
Arcfield has acquired Strategic Technology Consulting in a move that expands the systems engineering and integration company’s scope to model-based approaches. The acquisition adds digital twin and software products and modeling methodologies for digital engineering to Arcfield’s portfolio, the company said Tuesday. STC ventured into the...
The Department of the Interior has awarded 13 companies positions on a potential five-year, $1.5 billion contract for design and construction support services, according to an award notice published Tuesday. The Construction Multiple Award Contract includes work encompassing a wide range of design-build and design-bid-build projects, according to a ...
CRDF Global has acquired Development Innovations Group for an undisclosed sum to expand its security assistance and development offerings in support of customers’ missions. DIG is a privately held international development firm focused on supporting developing and transitioning economies and post-conflict and post-disaster environments in Asia, La...
V2X (NYSE: VVX) saw its pro forma revenue jump 10.2 percent to $977.9 million during the second quarter of fiscal year 2023 and reported $2.1 billion in quarterly bookings with a total backlog of $13 billion, of which $3.1 billion was funded. The McLean, Virginia-based defense services contractor said Tuesday it recorded $34.3 million in...
Gary Sauer, a former program manager at the Defense Advanced Research Projects Agency, has been named vice president of business development for advanced research and development at Eqlipse Technologies. He will lead the expansion and transition of Eqlipse’s R&D capabilities to operational programs that support defense and intelligence com...
