Tag Archives: USSOCOM

AeroVironment to Buy Arcturus UAV in $405M Cash-Stock Deal; Wahid Nawabi Quoted

Wahid Nawabi President and CEO AeroVironment

Unmanned aircraft system manufacturing company AeroVironment (Nasdaq: AVAV) has agreed to acquire Arcturus UAV in a cash-and-stock transaction valued at approximately $405M as part of efforts to expand into adjacent segments and broaden UAS portfolio and customer footprint. “We are excited about the opportunities for value creation through our acquisition of Arcturus UAV, which will enable us to accelerate our growth strategy and expand our reach into the more valuable Group 2 and 3 UAS segments,” said Wahid Nawabi, president and CEO of AeroVironment.

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Potomac Officers Club to Host 2020 Navy Forum TODAY: Learn More About the Featured Event Speakers

Potomac Officers Club 2020 Navy Forum

The Navy has continued to accelerate acquisition channels, modernize emerging technologies and increase research and development to become more effective in warfare. As the Navy continues to evolve to meet the growing demands, challenges still remain. Today, Potomac Officers Club will host its 2020 Navy Forum virtually! To register for the 2020 Navy Forum, and view upcoming events, visit Potomac Officers Club’s Event Page.

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Capt. Frank Futcher, NavalX Director, to Serve as Panelist During Potomac Officers Club’s 2020 Navy Forum

Frank Futcher Director of NavalX US Navy

CAPT Frank Futcher, NavalX director with the U.S. Navy, will serve as a panelist during Potomac Officers Club’s 2020 Navy Forum on September 30th. Futcher is a career Navy Supply Officer and currently assigned to the office of the Assistant Secretary of the Navy for Research, Development and AcquisitionClick here to register for the 2020 Navy Forum!

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Michael Conlin, DoD’s Chief Business Analytics Officer Receives First Wash100 Award From Executive Mosaic CEO Jim Garrettson

Michael Conlin (L) and Jim Garrettson (R)

Jim Garrettson, founder and CEO of Executive Mosaic, presented Michael Conlin, chief business analytics officer for the US Department of Defense (DoD), with his first Wash100 Award on Tuesday. Executive Mosaic has given the most prestigious award in all of government contracting (GovCon) to Conlin for his pushing data science in the defense department and working to improve talent recruitment to shift DoD’s culture.

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