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The U.S. Army is all-in on modernization. To pave a path for continued mission success, the service branch developed its Army of 2030 concept, a massive effort that aims to revitalize the force and build up new capabilities to solidify an advantage on today’s battlefield.  At the Potomac Officers Club’s 2024 Army Summit on June 13,...

Herrick Technology Laboratories, a portfolio company of Blue Delta Capital Partners, has appointed Ron Sayco, a veteran finance leader, as chief financial officer. “[Sayco] brings decades of proven finance leadership in Defense Technology at a critical inflection point in our growth, especially given the recent venture capital investment that HTL ...

The Department of the Interior has selected seven companies for a potential 10-year, $2 billion follow-on contract for cloud license and support services. The awardees under the Foundation Cloud Hosting Services 2 indefinite-delivery/indefinite-quantity contract are Accenture Federal Services, IBM (NYSE: IBM), CGI Federal, Cognosante, Science Applic...

The Potomac Officers Club, an Executive Mosaic organization, is gearing up for two major events in June that you won’t want to miss! Potomac Officers Club events are known for their elite networking opportunities, unparalleled insights from top government officials and newsworthy speaking sessions that keep attendees up-to-date on the latest ...

The U.S. Air Force has awarded Boeing’s (NYSE: BA) defense business segment a potential $7.48 billion contract for Joint Direct Attack Munitions, JDAM tail kits, spares, repair and technical support services. The Department of Defense said Friday Boeing Defense, Space and Security will also supply Laser Joint Direct Attack Munition sensor kits und...

Ed Hicks, business development manager for federal and artificial intelligence at Dell Technologies (NYSE: DELL), said government agencies that intend to implement AI at the edge should consider adopting federated learning to quickly glean insights from data while ensuring the security of critical data. In an article published on Carahsoft.com, Hick...

A report by financial services company Raymond James (NYSE: RJF) shows that there were 76 mergers and acquisitions in the defense and space industry during the first quarter of 2024, a 55 percent increase from the same period the previous year and a 31 percent rise from the previous quarter. Defense and Space M&A Activity...

Second Front Systems, a provider of public-benefit software, has expanded its leadership team with the appointment of TJ Rowe, formerly executive vice president of growth, as chief revenue officer and Matt Conner, independent board director, as chief information security officer.  Rowe will manage 2F’s global business development efforts,...

The ability to quickly exchange information is a determining factor of success on today’s battlefield, and achieving seamless connectivity requires a strong arsenal of network technologies. Advancing these capabilities has become a core part of the Department of Defense’s modernization strategy in recent years, and its FutureG Office is leading ...