On Wednesday, the Potomac Officers Club hosted its Air Force IT Modernization and Digital Transformation Forum, which gathered notable leaders from the U.S. Air Force and industry who spoke on leveraging public-private partnerships to accelerate infrastructure modernization, cybersecurity and other digital transformation initiatives during an era ...
Raytheon Technologies (NYSE: RTX) has received a $269 million contract modification for full-rate production services to the U.S. Navy’s Evolved Seasparrow Missile system modernization program. Naval Sea Systems Command issued the firm-fixed-price modification, as part of a potential $1.28 billion fiscal 2021-2023 ESSM Block 2 contract announc...
Kristie Grinnell, an information technology industry leader, has joined DXC Technology (NYSE: DXC) as senior vice president and chief information officer. She will report to Chris Drumgoole, executive VP and chief operating officer at DXC, as she oversees the company’s global IT strategy and operations, the company said Wednesday. Drumgoole said G...
President Joe Biden intends to nominate Frank Calvelli, a senior vice president at Booz Allen Hamilton (NYSE: BAH), to be assistant secretary of the Air Force for space acquisition. Calvelli has 34 years of intelligence community experience that includes service at the National Reconnaissance Office, the White House said Wednesday. He worked as NRO&...
Virgin Orbit has purchased a 17.5 percent stake in hyperspectral satellite imaging company Hypersat in a move to expand the California-headquartered launch services provider’s space business. California-based Virgin Orbit said Wednesday it made the investment to provide critical information to customers for use in various missions such as defe...
ManTech International (Nasdaq: MANT) has promoted its federal health executive Sarah Carter to vice president of growth for the company’s federal civilian sector, G2xchange FedCiv reported Wednesday. Carter is a more-than-two-decade industry veteran with experience in the design, implementation and administration of technologies and services i...
NuScale Power has agreed to merge with blank check company Spring Valley Acquisition (NASDAQ: SV) in a transaction that would take the Fluor-backed (NYSE: FLR) company public and help commercialize its small modular reactor technology. Fluor said Tuesday it has invested over $600 million in NuScale since 2011 and expects to own about 60 percent...
Vikram Manikonda, an industry veteran with more than 20 years of experience in the government contracting industry, has been appointed chief technology officer of BlueHalo, effective Jan. 1. BlueHalo said Wednesday Manikonda spent more than two decades at the company’s technology innovation subsidiary Intelligent Automation Inc., where he most rec...
Michael Saylor, CEO of software company MicroStrategy (Nasdaq: MSTR), will give his perspective on the trends shaping the future of cryptocurrency during a fireside chat session at the Potomac Officers Club’s upcoming Digital Currency and National Security Forum. He co-founded MicroStrategy in 1989 with the goal of helping enterprises gain act...
Six companies have secured contracts worth potentially $40 million combined to help NASA’s Ames Research Center develop rotorcraft vertical lift technologies. Tasks under the five-year hybrid contracts are scheduled to commence on Tuesday and will continue through Dec. 20, 2026, the space agency said Wednesday. Contractors will provide resourc...
