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Category: News

Leonardo DRS Awarded $178M Army Combat Vehicle Support ContractContract Awards

Leonardo DRS Awarded $178M Army Combat Vehicle Support Contract

Leonardo DRS (Nasdaq: DRS) has secured a potential five-year, $177.9 million contract from the U.S. Army to provide support services
Allison Sheehan Promoted to RavenTek CFO; Mike Riordan QuotedExecutive Moves

Allison Sheehan Promoted to RavenTek CFO; Mike Riordan Quoted

Allison Sheehan was elevated to the role of chief financial officer at information technology company RavenTek, where she previously served
DOD Principal Deputy CIO Leslie Beavers Makes Debut on Executive Mosaic’s Wash100 ListCybersecurity

DOD Principal Deputy CIO Leslie Beavers Makes Debut on Executive Mosaic’s Wash100 List

Department of Defense Principal Deputy Chief Information Officer Leslie Beavers has joined the Wash100 ranks for the first time in recognition of
DOD CDAO’s Dr. Matthew Johnson on ‘Exciting’ Global AI DevelopmentsArtificial Intelligence

DOD CDAO’s Dr. Matthew Johnson on ‘Exciting’ Global AI Developments

Recent momentum in artificial intelligence could be seen as a largely American enterprise, led by domestic companies such as OpenAI
FY 2024 Appropriations Package With $825B Defense Spending Bill Signed Into LawFinancial Reports

FY 2024 Appropriations Package With $825B Defense Spending Bill Signed Into Law

President Joe Biden on Saturday signed into law an appropriations package that includes the $825 billion defense spending bill for
Broadtree-Backed Sayres Defense Buys Global Systems Technologies; Tim Reardon QuotedM&A Activity

Broadtree-Backed Sayres Defense Buys Global Systems Technologies; Tim Reardon Quoted

Sayres Defense, a portfolio company of Charlotte, North Carolina-based private equity firm Broadtree Partners, has acquired Global Systems Technologies for
GovCon Index Hardly Moved, Wall Street Posted Best Week of 2024Financial Reports

GovCon Index Hardly Moved, Wall Street Posted Best Week of 2024

Executive Mosaic’s GovCon Index stayed flat despite negative returns in three of five sessions. The index, which tracks the stock
General Dynamics Secures $344M Navy Contract for Zumwalt-Class Destroyer Planning Yard ServicesContract Awards

General Dynamics Secures $344M Navy Contract for Zumwalt-Class Destroyer Planning Yard Services

A General Dynamics (NYSE: GD) subsidiary will provide planning yard support services for the U.S. Navy’s Zumwalt-class guided missile destroyers
NGA’s Project Maven Focused on ‘Building AI the Right Way,’ Says Maven Office Director Rachael MartinArtificial Intelligence

NGA’s Project Maven Focused on ‘Building AI the Right Way,’ Says Maven Office Director Rachael Martin

Project Maven was launched in 2017 to accelerate the adoption of artificial intelligence across the U.S. military. The initiative has
Srini Dixit Appointed CAE Defense & Security CFOExecutive Moves

Srini Dixit Appointed CAE Defense & Security CFO

Srini Dixit was named chief financial officer of CAE‘s defense and security business, joining the Arlington, Texas-located aviation services company