CEOs from six cryptocurrency companies testified before the House Financial Services Committee Wednesday calling on Congress to come up with clearer and bespoke regulations on the virtual currency, Reuters reported. “Without tailored legislative solutions that are openly debated with public participation, the United States risks unnecessarily ...
On Tuesday, GovCon Wire Events hosted its Defense Acquisition Priorities Forum, which featured leaders across defense agencies, military branches and industry who joined in dynamic discussion to share the procurement interests, technology influences and strategic priorities driving acquisitions across the defense sector as agencies work to acceler...
Paeonian Springs, Virginia-based navigation and sensor module provider Inertial Labs has acquired Memsense, which develops inertial measurement units designed for aerospace and defense platforms. Inertial Labs said the combined entity aims to introduce new products in the areas of GPS-denied navigation, industrial machines and autonomy. The two comp...
Chuck Hicks, chief operating officer and chief financial officer at NCI, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Monday. He talked about fostering partnerships and NCI’s growth through contract awards, the technological innovation and AI implementation challenges as well as the company’s accompl...
The U.S. Navy has awarded Amentum a $461.8 million contract to run the Bahamas-based Atlantic Undersea Test and Evaluation Center, which provides a testing environment for military maritime warfare research. Six proposals were submitted to the Naval Undersea Warfare Center Newport Division for the AUTEC operation and maintenance contract, the Depart...
Philip Perconti, former top science and technology executive within the U.S. Army, has joined Leonardo DRS as chief technology officer. He will oversee the Arlington, Virginia-based defense contractor’s corporate strategy for research and development, advance innovation and broaden partnerships to facilitate the development of integrated techn...
The Space Development Agency has released a draft solicitation for a program to design and build satellite prototypes for the first tranche of the National Defense Space Architecture’s tracking layer and will use other transaction authority as a contracting mechanism for the prototyping effort. SDA expects the Tranche 1 Tracking Layer to help dete...
Jill Albertelli, formerly the senior vice president of transformation and strategy at Raytheon Technologies’ (NYSE: RTX) Pratt & Whitney business, has been named president of the subsidiary’s military engines organization. She succeeds Matthew Bromberg, who has held the role since 2017 and led F135 engine program implementation efforts f...
Defense Secretary Lloyd Austin has urged Congress to fully fund the government for fiscal year 2022 because he believes a long-term continuing resolution will have a significant impact on key programs at the Department of Defense. Austin, a 2021 Wash100 awardee, made the statement Monday after President Biden approved stopgap measure to maintain age...
Battelle has won a $9.8 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to support computational and experimental chemistry and computer modeling activities over a six-year period. The Columbus, Ohio-headquartered research and development organization will help the military service know the reaction rates for chemica...
