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The Potomac Officers Club on Wednesday hosted its 8th Annual Defense Research & Development Summit, where government and industry leaders discussed the projects and ideas that are keeping the U.S. military and Pentagon officials at the forefront of modern strategy as well as technological discoveries that prepare for new threats abroad. After a...

Network Innovations has acquired STS Global, a Stony Brook, New York-based satellite communications company, for an undisclosed sum as part of efforts to accelerate the development and delivery of customized connectivity platforms and communications services to government, enterprise, media and other markets. “This acquisition offers great potenti...

General Dynamics‘ (NYSE: GD) information technology unit has received a potential $47.8 million contract to develop and sustain an enterprise system that will centralize management of the U.S. Navy’s legacy human resources data warehouses. The GDIT business will help the military service build the Enterprise Authoritative Data Environmen...

During the Potomac Officers Club’s 8th Annual Defense Research and Development Summit Wednesday, some of the top defense sector leaders from government and industry joined to share their insights on the Department of Defense’s most pressing R&D priorities, strategies and technology innovations in today’s ever-evolving defense and comb...

Steve Smagin, formerly the director of business development at Triumph Enterprises, has joined Ardent Management Consulting to serve as vice president for the federal civilian business. Over the course of his three-decade career, Smagin has helped companies capture market opportunities and manage programs in areas such as information technology infr...

Investment firm Francisco Partners has agreed to acquire IBM’s (NYSE: IBM) health care data and analytics assets for an undisclosed sum and expects the transaction to conclude in the second quarter of 2022, pending regulatory approvals and other customary closing conditions. The assets are part of IBM’s Watson Health business and include Health ...

NASA is seeking public comments on a draft request for proposals for the third iteration of the Omnibus Multidiscipline Engineering Services contract. The OMES III contract will enable the engineering and technology directorate within the agency’s Goddard Space Flight Center in Maryland to acquire services to support the Joint Polar Satellite Syst...

In its most recent Executive Spotlight interview, ExecutiveBiz spoke with Ro Dhanda, vice president of public sector with H2O.ai, about the company’s lessons learned in artificial intelligence and machine learning capabilities, Open Source and Driverless AI platform as well as top priorities and growth goals. Here’s an excerpt from the inter...

On Wednesday, top executive officials from federal space agencies and industry spoke on optimizing acquisition processes, accelerating technology innovation and creating more interoperable systems in the wake of massive space sector reorganization and reinvigoration efforts during GovCon Wire Events’ Space Acquisition Forum. Following an ...

The Federal Reserve Board issued a discussion paper outlining the potential benefits, risks and policy considerations for a U.S. central bank digital currency. The paper titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation” includes a discussion of existing forms of money, the current state of the U.S. payment system ...