GovConWire's Government Contracting News 6/10/2022

News

Cloudera’s Robert Carey: Today’s Tools Help Agencies Manage Data as Strategic Asset, Accelerate Missions

Robert Carey, president of Cloudera Government Solutions, said he believes government agencies have made progress in using data as a strategic asset and connecting data securely to speed up decision-making processes and accelerate missions since they now have the tools that allow them to manage and command and control data. Federal agencies “are all having

Contract Awards

Army Taps Sig Sauer for $157M Rifle Cartridge Production Contract

New Hampshire-based weapons maker Sig Sauer has won a five-year, $157.3 million contract to produce Norma Magnum rifle cartridges for the U.S. Army. The service branch ordered .300 M1163 ball ammunition and .338 M1162 armor piercing rounds, the Department of Defense said Thursday. Army Contracting Command received three bids for the firm-fixed-price contract via an

Artificial Intelligence

Shield AI Secures $165M in Series E Funding Round for AI Pilot Development

Shield AI has secured $165 million in a round of Series E financing and will use the capital to advance the development of its artificial intelligence pilot for military and commercial aircraft. Venture funds including Riot Ventures, Disruptive and Homebrew participated in the funding round led by Doug Philippone, co-founder of Snowpoint Ventures and global

News

Q&A With ECS President John Heneghan Highlights AI, Cybersecurity & IT Support to Government Customers

In a recent Executive Spotlight interview, ExecutiveBiz spoke with John Heneghan, president of ECS and a 2022 Wash100 Award recipient, to talk about the company’s delivery of artificial intelligence, advanced data analytics, cybersecurity, digital transformation and enterprise information technology services to its customers to drive value and business growth. He also discussed ECS’ commitment to

News

America’s Frontier Fund to Invest in AI, Microelectronics to Secure US Tech Advantage

America’s Frontier Fund has officially launched as a nonprofit investment fund with a focus on scaling companies and their deep technologies to ensure that the U.S. and its allies maintain tech advantage amid a great power competition. AFF said Thursday its initial focus areas will include artificial intelligence, microelectronics, next-generation networks such as 5G and

Executive Moves

Joshua Isner Named Axon’s 1st Chief Operating Officer

Joshua Isner, chief revenue officer at Axon (Nasdaq: AXON) for more than four years, has transitioned to the company’s newly created position of chief operating officer. In his new role, Isner will support the office of Axon CEO and founder Rick Smith and will manage overall operational functions including policy execution and employee management, the

Contract Awards

BlueHalo to Develop Directed Energy Virtual Range Under $80M AFRL Contract

BlueHalo has received a potential 10-year, $80 million contract from the Air Force Research Laboratory to build a virtual range meant to support modeling and simulation activities involving directed energy weapons. AFRL said Thursday it will use the virtual range to hold directed energy concept events to train joint warfighters with DEWs, address capability gaps

Executive Moves

Former Microsoft Exec Gabriele Masili Named Granicus Chief Customer Officer

Gabriele Masili, former chief digital and technology officer of customer experience and success at Microsoft (Nasdaq: MSFT), has been named chief customer officer at citizen engagement software provider Granicus. Masili has 25 years of technology industry experience that included support to hundreds of millions of customers globally, Granicus said Thursday. “I’m excited to work with

Contract Awards

Mercury Receives $50M NAVAIR Award for Advanced Data Transfer Systems

Mercury Systems (Nasdaq: MRCY) was awarded a potential $50 million basic ordering agreement to provide the Naval Air Systems Command with company-made Advanced Data Transfer System products and services. Over a three-year period, Mercury will deliver data transfer units and devices, encryption modules and other ADTS-related hardware to NAVAIR for mission support, the company said

Financial Reports

Raytheon to Pay Shareholders 55-Cent Quarterly Dividend

Shareowners in Raytheon Technologies (NYSE: RTX) will receive a quarterly dividend of 55 cents from the company on Sept. 8. Raytheon said Monday its board of directors approved the payment to stockholders of record as of Aug. 19, 2022. The aerospace and defense contractor expects to return $20 billion of capital to shareholders in the

GovConWire's Government Contracting News 6/10/2022

Cloudera’s Robert Carey: Today’s Tools Help Agencies Manage Data as Strategic Asset, Accelerate Missions

Army Taps Sig Sauer for $157M Rifle Cartridge Production Contract

Shield AI Secures $165M in Series E Funding Round for AI Pilot Development

Q&A With ECS President John Heneghan Highlights AI, Cybersecurity & IT Support to Government Customers

America’s Frontier Fund to Invest in AI, Microelectronics to Secure US Tech Advantage

Joshua Isner Named Axon’s 1st Chief Operating Officer

BlueHalo to Develop Directed Energy Virtual Range Under $80M AFRL Contract

Former Microsoft Exec Gabriele Masili Named Granicus Chief Customer Officer

Mercury Receives $50M NAVAIR Award for Advanced Data Transfer Systems

Raytheon to Pay Shareholders 55-Cent Quarterly Dividend

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