Industry News

TeraThink has secured a spot on the Defense Logistics Agency’s potential eight-year, $6 billion contract vehicle for information technology services through an asset purchase agreement. The company said Thursday it will compete for task orders to support DLA, service branches and other civilian agencies under the J6 Enterprise Technology Services contract that has a base term of […] More

Booz Allen Hamilton and UiPath have teamed up to promote the use of robotic process automation technologies to help federal agencies improve their processes and operations. UiPath said Thursday it will combine its RPA platform with Booz Allen’s information technology and management consulting capabilities to help agencies streamline the delivery of services to citizens and […] More

General Electric has unveiled a new company to help build traffic management systems designed to support the integration of unmanned aircraft systems into the national airspace. AiRXOS operates as a wholly owned subsidiary of GE and has been tapped to serve as a partner on several programs to support the development of UAS traffic management […] More

A CACI International subsidiary has received a one-year, $48.6 million contract from the U.S. Navy to help the Naval Air Systems Command’s AIRWorks division deploy platforms intended to counter unmanned aerial systems. Six3 Advanced Systems will support the AIRWorks Rapid Development Capabilities Integrated Product Team in efforts to implement new and existing counter-UAS equipment to government facilities that help […] More

Lockheed Martin has announced plans to funnel approximately $460 million in tax reform law-related savings into several investment initiatives. The company said Thursday about $200 million of that savings will go to research-and-development programs and capital expenditures this year in addition to $100 million in funds that will be invested into Lockheed’s venture capital fund. […] More

Inmarsat and the space agency of Greece will collaborate for the research and development of technologies and to share information. The satellite company said Wednesday that it entered into a memorandum of understanding with the Hellenic Space Agency (HSA) that was signed at the Posidonia 2018 international shipping event in Athens. Ronald Spithout, president of Inmarsat’s maritime […] More

Jay Alexander, senior vice president and chief technology officer at Keysight Technologies, has joined an advisory group that reviews and recommends general policy for the National Institute of Standards and Technology. Keysight said Tuesday Alexander will serve a three-year term on NIST’s Visiting Committee on Advanced Technology. “The opportunity to be part of the discussions surrounding advanced technologies such […] More

An Australian company that serves the aerospace and defense markets is set to establish its flagship U.S. facility in Huntsville, Ala. Electro Optic Systems is currently in the process of installing the production facility at 2865 Wall Triana Highway, the local government of Huntsville said Wednesday. Phil Coker, president of EOS’ U.S. arm, said the […] More

Lockheed Martin plans to move $100 million in funds saved through the tax reform law into its venture capital arm that invests in startups involved in the development of emerging technologies, Defense News reported Wednesday. “We’d love to go from — generically — about four investments per year, we’d love to get to six or […] More