Tag Archives: investment

TYSONS CORNER, VA, August 6, 2019 — Chris Bellios, chief operating officer of Hexagon US Federal, has said the geospatial and technical services company looks to build on its investments in technology areas over the next two years in order to expand its market and position its portfolio for the public safety, military and intelligence communities.

Microsoft (Nasdaq: MSFT) will invest $1B in San Francisco-based artificial intelligence research company OpenAI to create new AI supercomputing technologies on the Azure cloud platform under a multiyear partnership.

Lockheed Martin (NYSE: LMT) has placed a strategic investment in ABL Space Systems to help accelerate the development and testing of the latter's first launch vehicle designed for small satellite missions.

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. …

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 …

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 …

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 …

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 …

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 …

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 …