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DOD OIG Audit Reveals Challenges in Pentagon’s Outdated Financial Management SystemsNews-comment
  • January 24, 2024

    DOD OIG Audit Reveals Challenges in Pentagon’s Outdated Financial Management Systems

    The Department of Defense's Office of Inspector General revealed in an audit that the Pentagon had an incomplete list of…
    RTX Posts 10% Increase in Q4 2023 Revenue; Christopher Calio on Backlog Growth, Pursuit of New WorkFinancial Reports
    • January 24, 2024

      RTX Posts 10% Increase in Q4 2023 Revenue; Christopher Calio on Backlog Growth, Pursuit of New Work

      RTX (NYSE: RTX) saw its fiscal 2023 fourth-quarter sales rise 10 percent to $19.9 billion and recorded a total backlog…
      DARPA Wants to ‘Build AI Systems We Can Trust,’ Says Dr. Kathleen FisherArtificial Intelligence
      • January 24, 2024

        DARPA Wants to ‘Build AI Systems We Can Trust,’ Says Dr. Kathleen Fisher

        “Our goal at DARPA is to explore how we can reliably build AI systems we can trust and not be…
        Comtech Lands Additional Strategic Investment From White Hat, Magnetar; Ken Peterman QuotedNews-comment
        • January 23, 2024

          Comtech Lands Additional Strategic Investment From White Hat, Magnetar; Ken Peterman Quoted

          Comtech Telecommunications (Nasdaq: CMTL) has secured a $45 million strategic investment from current shareholders White Hat Capital Partners and funds…
          Defense Tech Experts to Convene at POC’s 10th Annual Defense R&D SummitEvents
          • January 23, 2024

            Defense Tech Experts to Convene at POC’s 10th Annual Defense R&D Summit

            Leading experts in defense technology will come together to share their insights on the current defense research and development ecosystem…
            IDA Receives $180M Contract Modification for DOD Research, Analysis & Test ServicesContract Awards
            • January 22, 2024

              IDA Receives $180M Contract Modification for DOD Research, Analysis & Test Services

              Institute for Defense Analyses will continue providing a range of services in support of the Office of the Secretary of…
              Arcline Investment Management Strikes $1.8B Deal for KamanM&A Activity
              • January 22, 2024

                Arcline Investment Management Strikes $1.8B Deal for Kaman

                Private equity firm Arcline Investment Management has agreed to acquire Kaman (NYSE: KAMN), a Bloomfield, Connecticut-based aerospace and defense contractor,…
                Navy Exploring Unmanned Systems to Maintain Warfighting AdvantageNews-comment
                • January 19, 2024

                  Navy Exploring Unmanned Systems to Maintain Warfighting Advantage

                  In May 2022, the U.S. Navy solidified its focus on unmanned systems with the establishment of the Unmanned Surface Vessel Division One,…
                  M.C. Dean Awarded $116M DISA OCONUS IT Solutions II ContractContract Awards
                  • January 19, 2024

                    M.C. Dean Awarded $116M DISA OCONUS IT Solutions II Contract

                    M.C. Dean, a Tysons, Virginia-based cyberphysical systems provider, has received a potential five-year, $116 million follow-on contract from the Defense…
                    Percipient.ai Founder Balan Ayyar Joins Serco Inc. Board; Tom Watson QuotedExecutive Moves
                    • January 18, 2024

                      Percipient.ai Founder Balan Ayyar Joins Serco Inc. Board; Tom Watson Quoted

                      Balan Ayyar, founder and CEO of software developer Percipient.ai, has joined the board of directors of Serco Inc. “His unique…
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