Mark Fuller, president and CEO of Castellum (NYSE-American: CTM), said the cybersecurity and electronic warfare services provider generated record revenue of more than $12.44 million during the second quarter of 2023. Fuller said in a statement published Monday the figure reflects a 25 percent jump from Castellum’s first-quarter revenue driven...
Archer Aviation (NYSE: ACHR) will build and deliver electric vertical takeoff and landing aircraft to the U.S. Air Force under new contracts worth $142 million combined, expanding a partnership that started through the AFWERX technology program in 2021. The contracts mark the execution phase for the delivery of up to six Archer-built Midnight eVTOL ...
A joint venture between Collins Aerospace and Elbit Systems of America has secured a two-year, $16.8 million contract from the U.S. Navy to update a head-worn device that allows fighter pilots to cue aircraft weapons and sensors for target acquisition. Collins Elbit Vision Systems will develop, engineer and test the Improved Joint Helmet Mounted Cue...
The Senate Appropriations Committee has cleared a bipartisan bill that seeks to provide $497 million in funding to modernize the F135 engine of RTX‘s (NYSE: RTX) Pratt & Whitney business. Aside from the allocation for the F135 engine core upgrade development, the bill also includes $264 million for engine spares and repair parts and $280...
David Thombs, former chief strategy officer and executive vice president of strategy and business development at SI2 Technologies, has been named deputy chief technology officer at Antenna Research Associates. He announced his new role Sunday on LinkedIn and will concurrently serve as ARA’s CTO and VP of technology strategy. Thombs was instrum...
The Honorable Andrew Hunter, assistant secretary of the Air Force for acquisition, technology and logistics, accepted his 2023 Wash100 Award from Executive Mosaic CEO Jim Garrettson during the Potomac Officers Club’s recent 2023 Air Force Summit. The Wash100 Award annually recognizes the top 100 most impactful leaders and innov...
Technology industry veteran Peter O’Donoghue has joined Herndon, Virginia-based federal systems integrator Tyto Athene as chief technology officer. In this capacity, he will oversee the company’s strategy and execution efforts and serve as a change agent and business partner to advance the development of technology platforms in support of custom...
Alexis Bonnell, former emerging technology evangelist at Google‘s public sector business, has been named the inaugural chief information officer of the Air Force Research Laboratory and director of AFRL’s new digital capabilities directorate. She will oversee the development of the lab’s digital capabilities and information technol...
IBM (NYSE: IBM) has landed a potential eight-year, $1 billion contract to manage, integrate and maintain IBM Z systems mainframe and related hardware and software for the Internal Revenue Service. The IRS Enterprise Systems – IBM Support indefinite-delivery/indefinite-quantity award has a one-year base period and seven option years, according ...
Sarcos Technology and Robotics (Nasdaq: STRC and STRCW) has established an artificial intelligence-focused business segment to cater to the demands of the defense market, and selected Denis Garagic, the company’s chief technology officer, to lead the new unit. The Advanced Technologies division will market Sarcos’ AI and machine learning...
