Press Releases

BAE Systems Completes $1.9B Acquisition of Raytheon Technologies’ GPS Business; John Watkins, Greg Wild Quoted

BAE Systems

BAE Systems has completed its $1.93 billion acquisition of the Collins Aerospace Military Global Positioning System (GPS) business from Raytheon Technologies, adding new experience, technology and installed base of products to the company. “Today marks the culmination of a tremendous team effort, and we are extremely proud to welcome the Military GPS employees to our company,” said John Watkins

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Booz Allen Hamilton Holding Corp. Announces Q1 FY 2021 Results; Horacio Rozanski Quoted

Horacio Rozanski

Booz Allen Hamilton has announced preliminary results for the first quarter of fiscal 2021. Booz Allen Hamilton reported a book-to-bill of 2.2x and client delivery remained high due to enhanced staff productivity, and effective virtual recruiting drove headcount growth. 

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AFRL Funds Seven Transformational Projects

AFRL

Seven teams from the Air Force Research Laboratory (AFRL) have secured funds ranging from $3 million to $5 million to carry out three-year projects that will explore transformational capabilities. The selected projects will cover various topics such as multi-function sensors, integrated optical systems and a brain-computer interface learning platform.

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DOE Awards $100M in Sunlight Conversion Projects

Dept. of Energy

The Department of Energy (DOE) has earmarked $100 million in funds to two five-year projects that aim to produce fuels through the use of artificial photosynthesis. The California Institute of Technology partnered with Lawrence Berkeley National Laboratory to explore a method that streamlines the process of converting sunlight into fuel

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GAO: Federal Spending for COVID-19 Response Reaches $17.8B

COVID-19

A Government Accountability Office (GAO) report has found that governmentwide contract obligations for COVID-19 response has reached $17.8 billion as of mid-June. HHS spent the highest amount out of the four, allocating for almost $9 million for COVID-19 response.

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Maj. Gen. Peter Gallagher Joins Potomac Officers Club’s Upcoming ‘Future Battlefield Series’ Virtual Event on Aug. 11th

Maj. Gen. Gallagher

Maj. Gen. Peter Gallagher, director of the network cross-functional team at Army Futures Command, will serve as keynote speaker during Potomac Officers Club’s Weaponizing Data Across the Digital Battlefield Virtual Event on August 11th. Click here to register for the Weaponizing Data Across the Digital Battlefield Virtual Event

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Mark Esper Announces Pentagon’s Plan for Troop Drawdown in Germany; Gen. John Hyten Quoted

Mark Esper

Mark Esper, secretary of the Department of Defense (DoD) and 2020 Wash100 Award winner, announced that DoD intends to withdraw 11,900 troops from Germany in support of U.S. European Command’s plans to reposition those personnel to other locations in line with the implementation of the National Defense Strategy.

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NIH Introduces $58M Health Research Program in Africa

Health Research

The National Institutes of Health (NIH) has unveiled a $58 million funding opportunity to drive data science and health research activities in Africa under a five-year effort. NIH aims to develop approaches that could address Africa's clinical and public health gaps through the Harnessing Data Science for Health Discovery and Innovation in Africa program.

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