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Tag Archives: investment

Dovel Eyes Federal Market Expansion Through Macquarie Partnership; Paul Leslie Quoted

Macquarie Capital has made an investment in Dovel Technologies as part of a partnership with the McLean, Va.-based information technology services firm. Dovel said Monday it will use the investment to expand its federal market presence across artificial intelligence, analytics, grants administration, scientific research and development and biomedical informatics areas. …

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Accenture Federal Services Invests $5M, Opens Jobs Under San Antonio Expansion Project

TYSONS CORNER, VA, March 4, 2019 — Accenture‘s (NYSE: ACN) federal business is expanding its Advanced Technology Center operations and presence in San Antonio through a $5M investment and 500 new job opportunities in the region, ExecutiveBiz reported Friday. The company said Thursday Accenture Federal Services will work to hire …

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New Jacobs Campaign, Investments Push Tech-Enabled Answers to Global Issues; Darren Kraabel Quoted

TYSONS CORNER, VA, February 27, 2019 — Jacobs Engineering Group (NYSE: JEC) has unveiled a campaign and investment effort that aim to advance technologies that work to address global issues such as urbanization, climate change, water supply, security and digital proliferation, ExecutiveBiz reported Thursday. The company said Feb. 19 the …

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White House Launches ‘American AI Initiative’ Through Executive Order

President Donald Trump on Monday signed an executive order to launch a new program that will direct federal resources toward the development of artificial intelligence in order to build up economic and national security and improve the quality of life of citizens. The American AI Initiative has five key principles …

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General Dynamics Allots $1B CapEx Budget for Submarine Construction Updates

TYSONS CORNER, VA, February 1, 2019 — General Dynamics (NYSE: GD) has unveiled a plan to reinvest $1B into its manufacturing operations in 2019 as part of a capital expenditure strategy that includes the further development of submarine construction capabilities, ExecutiveBiz reported Thursday. USNI News reported Wednesday that the funds will …

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Tony Moraco: SAIC Eyes New Federal Gov’t Markets, Business Expansion After Engility Buy

TYSONS CORNER, VA, January 29, 2018 — Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has said the company gained increased capacity to pursue new markets and larger-scale business opportunities in the public sector following its $2.5B acquisition of Engility, ExecutiveBiz reported Jan. 22. Moraco, a 2019 Wash100 …

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Boeing’s Venture Capital Arm Invests in Satcom Terminal Developer

TYSONS CORNER, VA, January 18, 2018 — Boeing‘s (NYSE: BA) HorizonX Ventures has placed an investment with Isotropic Systems in support of the latter’s effort to market its integrated satellite communications terminal product, ExecutiveBiz reported Thursday. Isotropic Systems said Wednesday it raised a total of $14M during a Series A funding round …

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In-Q-Tel Invests in Provider of AR/VR Collaboration & Intell Platform

TYSONS CORNER, VA, December 13, 2018 — In-Q-Tel has entered into a partnership with virtual and augmented reality software firm Immersive Wisdom through an investment that is aimed to develop the latter’s collaboration and intelligence technology for applications in government, ExecutiveBiz reported Wednesday. Megan Anderson, a senior vice president at IQT, said …

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Lockheed Awards Grant to Orlando’s Valencia College for 2nd Advanced Manufacturing Training Hub

TYSONS CORNER, VA, December 4, 2018 — Lockheed Martin (NYSE: LMT) has placed an investment of $300K with Valencia College in Orlando to establish an advanced manufacturing training center that is aimed to produce the city’s future high-technology workers, ExecutiveBiz reported Monday. The company said Friday the funds are part of …

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Boeing Signs Deal for Investment, Partnership With Israeli Companies; Leanne Caret Quoted

TYSONS CORNER, VA, November 28, 2018 — Boeing (NYSE: BA) has entered into a reciprocal purchase agreement with Israel’s government in which the U.S. defense firm will invest in and partner with Israeli companies on certain contracts, ExecutiveBiz reported Nov. 2. The Jerusalem Post reported Oct. 31 that Boeing will collaborate …

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