Hadrian, a company specializing in artificial intelligence-powered factories, has secured $260 million in capital to construct new facilities to expand manufacturing and research and development capabilities for shipbuilding and naval defense production. The California-based advanced manufacturing company said Thursday the investment, which com...
Lockheed Martin has named John Stevens vice president and chief M&A and securities counsel. Stevens confirmed the development in a LinkedIn post shared Thursday. In his new role, Stevens will lead corporate counsel for mergers and acquisitions, venture investments, corporate and securities law, treasury and corporate finance, investor ...
President Trump’s March 20 executive order “Eliminating Waste and Saving Taxpayer Dollars by Consolidating Procurement” has major ramifications for GovCons. It will drastically change government acquisition by making the General Services Administration the lead for domestic federal procurement for common goods and services. The exe...
L3Harris Technologies has appointed Eric DiStasi as vice president of strategy and business development and general manager of its advanced missile programs. DiStasi confirmed his new role in a LinkedIn post Thursday. Who is Eric DiStasi? The executive is a long-time defense industry leader. He joined L3Harris in 2021 as director of corporate strate...
Fairbanks Morse Defense has completed its acquisition of Rolls-Royce’s naval propulsors business as part of a push to expand its capabilities to support the U.S. marine defense industrial base, strengthen national security and advance regional economic growth. “This acquisition represents a strategic investment in sustaining the United S...
General Dynamics Information Technology has appointed Michael Grochol as vice president of technology. In his new role, Grochol will lead the company’s technology strategy and support the development of innovative technology solutions. “Michael brings an exceptional blend of leadership and operational excellence, combined wit...
The Chief Digital and Artificial Intelligence Office, or CDAO, has awarded AvaWatz a spot on the potential $249 million AI Talent 2.0 basic ordering agreement. AI Talent 2.0 BOA Scope The AI platforms and real-time decision systems provider said Tuesday the multi-award contracting vehicle enables it to provide Department of Defense agencie...
Quantum computing company IonQ has finalized its acquisition of Capella Space to pursue its plan to develop a space-based quantum key distribution, or QKD, network designed to enable quantum-secure global communications. Hear about the latest air and space tech capabilities, tech trends and more at the Potomac Officers Club’s 2025 Air and Spac...
By Kim Koster, vice president of industry marketing at Unanet For U.S. government contractors, all the current flurry of activity notwithstanding, the coming years promise a wealth of new business opportunities in areas like artificial intelligence, defense, cybersecurity and more. Now comes the real challenge: Ensuring your firm wins its ...
Executive Mosaic CEO Jim Garrettson has presented the 2025 Wash100 Award to Lou Von Thaer, president and CEO of Battelle. The accolade is conferred annually to 100 of the most impactful leaders within government and the government contracting industry. Von Thaer’s recent win, his 10th overall, is a recognition of his achievements in championing in...
