DMI has purchased Simplex Mobility for an undisclosed sum in a transaction that expands DMI’s presence in the managed mobility services market. Rocky Thurston, chief operating officer of DMI, said in a statement released Tuesday the transaction will enable the company to offer a managed service offering meant to help clients monitor, transform...
A task force co-chaired by the White House Office of Science and Technology Policy and the National Science Foundation has released its final report on the establishment of a national infrastructure that would expand access to computational resources, educational tools and data for artificial intelligence researchers and students. The National Artif...
CloudShape has received a $144 million contract to continue providing the U.S. Agency for International Development with hybrid cloud services in support of its enterprise data center and disaster recovery systems. The company said Tuesday it will help USAID transition its data centers and applications to a secure multi-cloud environment to enhance ...
Bob Pragada, a 16-year veteran of Jacobs (NYSE: J), has assumed the CEO role at the company in accordance with the leadership succession plan announced in September. He will join the board of directors and help implement the company’s strategy to build up its portfolio offerings in electric vehicles, energy transition, life sciences, water inf...
Lockheed Martin’s (NYSE: LMT) net sales reached $66 billion in 2022, with aeronautics accounting for the biggest share of its business last year. Aeronautics contributed $26.98 billion to Lockheed’s sales, followed by its rotary and mission systems segment with $16.1 billion, and space and missiles and fire control each posting $11 billi...
Mercury Systems (Nasdaq: MRCY) has assigned the role of vice president of finance to Vivek Upadhyaya, former chief financial officer, treasurer and chief information officer at Leonardo‘s electronics subsidiary in the U.S. He will oversee Mercury’s corporate finance team and its forecasting, internal management reporting and analysis fun...
Microsoft (Nasdaq: MSFT) has agreed to make a multiyear, multibillion dollar investment in OpenAI, creator of artificial intelligence chatbot ChatGPT, to support the latter’s independent AI research and development efforts and enable both companies to commercialize new AI platforms. “We formed our partnership with OpenAI around a shared ambition...
Robert Hardin, former vice president of business development and strategy at Acuity International, has been appointed as chief operating officer at Insight Technology Solutions. He brings to Insight more than two decades of experience in strategic growth planning and business development for government and private customers, the professional service...
As data sharing continues to shape the evolving warfare environment, the full establishment of Joint All-Domain Command and Control, which is intended to radically transform the way U.S. forces and NATO mission partners exchange information, is critical in maintaining an advantage over adversaries, according to Air Force Brig. Gen. Chad Raduege...
Jeffrey Van Anda, a 25-year engineering professional, has been promoted to a senior vice president role at drone systems provider Hoverfly Technologies. He replaces John McDade, who has retired as SVP of engineering after nearly eight years of service at the company, Hoverfly said Thursday. Prior to his appointment, Van Anda was engineering VP at...
