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Financial Reports/News
VMware Reports Q3 FY 2021 Results; Pat Gelsinger Quoted
by Sarah Sybert
Published on November 25, 2020
VMware Reports Q3 FY 2021 Results; Pat Gelsinger Quoted

VMware has announced financial results for the third quarter of fiscal 2021, reporting revenue for the third quarter of $2.86 billion, an increase of eight percent from the third quarter of fiscal 2020. The combination of subscription and SaaS and license revenue was $1.32 billion, an increase of ten percent from the third quarter of fiscal 2020.

“Q3 was another good quarter for VMware, and we’re pleased with our results,” commented Pat Gelsinger, CEO, VMware. “As customers navigate through these unprecedented times, our focus remains on delivering the digital foundation for an unpredictable world. We continue to shape the future in areas that are top priority for every business–from app development to multi-cloud to security and digital workspaces.”

VMware’s subscription and SaaS revenue for the third quarter was $676 million, an increase of 44 percent year-over-year, representing 24 percent of total revenue. GAAP net income for the third quarter was $434 million, compared to $407 million for the third quarter of fiscal 2020. 

Non-GAAP net income for the third quarter was $704 million, or $1.66 per diluted share, up 17 percent per diluted share compared to $602 million, or $1.42 per diluted share, for the third quarter of fiscal 2020.

GAAP operating income for the third quarter was $428 million, an increase of 15 percent from the third quarter of fiscal 2020. Non-GAAP operating income for the third quarter was $888 million, an increase of 17 percent  from the third quarter of fiscal 2020. Operating cash flow for the third quarter was $992 million. Free cash flow for the third quarter was $908 million.

RPO for Q3 totaled $10.2 billion, up 10 percent year-over-year. Excluding the impact in the third quarter of fiscal year 2020 of unearned revenue assumed in the acquisition of Carbon Black, which negatively impacted the year-over-year growth rate by 5 percentage points, total revenue plus sequential change in total unearned revenue decreased 4 percent year-over-year.

Excluding the impact in the third quarter of fiscal year 2020 of unearned revenue assumed in the acquisition of Carbon Black, which negatively impacted the year-over-year growth rate by 10 percentage points, subscription and SaaS and license revenue plus sequential change in unearned subscription and SaaS and license revenue grew one percent year-over-year.

“Subscription and SaaS revenue increased 44 percent year-over-year in Q3 and surpassed license revenue for the first time,” said Zane Rowe, executive vice president and CFO, VMware. “VMware will continue to invest in and focus on further expanding our Subscription and SaaS portfolio, which we believe will drive company growth, customer satisfaction and shareholder value.”

VMware is raising full-year fiscal 2021 total revenue guidance to $11.7 billion and increasing GAAP net income per diluted share to between $4.17 and $4.27 with non-GAAP net income per diluted share of $7.03.

Executive Moves/News/Wash100
Jacobs CMS Business Names LTG Bruce Crawford as SVP of Strategic Development; Dawne Hickton Quoted
by Sarah Sybert
Published on November 25, 2020
Jacobs CMS Business Names LTG Bruce Crawford as SVP of Strategic Development; Dawne Hickton Quoted

Jacobs has appointed retired Army LTG Bruce Crawford as senior vice president of Strategic Development for the company’s Critical Mission Solutions (CMS) line of business. Crawford will provide strategic leadership, vision and focus to support growth and innovative solutions across the company’s client base within CMS.

"Lieutenant General Crawford is an inspiring thought leader that brings a depth of strong leadership experience to our Critical Mission Solutions business strategy," said Jacobs executive vice president and COO of Critical Mission Solutions Dawne Hickton, who is also a 2020 Wash100 Award recipient. 

Crawford is the former Army chief information officer (CIO), and will bring over three decades of experience to Jacobs. He has expertise across national security, enterprise information technology (IT) and cybersecurity. 

Most recently he served as the principal enterprise IT and cybersecurity policy advisor to the Secretary of the Army and the Army Chief of Staff, and has held a variety of operational and strategic leadership positions in every major theater of operations including North America, Europe, the Pacific and Southwest Asia.

Crawford holds a Bachelor of Science degree in Electrical Engineering and Master of Science degrees in both Administration and National Resource Strategy. A decorated combat veteran, Crawford was also named 2020 Black Engineer of the Year by the Black Engineer of the Year Association (BEYA).

"Together, we now have the industry's foremost expertise to deliver even more innovative solutions for our clients and our communities around the world," Hickton added. 

About Jacobs

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $14 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector.

Government Technology/News
Report: Army, Northrop Await Production Approval for Battle Command System
by Mary-Louise Hoffman
Published on November 25, 2020
Report: Army, Northrop Await Production Approval for Battle Command System

A U.S. Army spokesperson said documents that will inform the Department of Defense’s Milestone C decision on an air defense command-and-control weapon system Northrop Grumman is developing for the service branch are in the final review stage, Defense News reported Tuesday.

The report noted administrative challenges have caused delays in DoD’s production approval process related to the Integrated Air and Missile Defense Battle Command System program.

Defense Acquisition Board members agreed with a determination that IBCS met engineering and manufacturing development requirements and received instruction from Pentagon acquisition chief Ellen Lord  to perform a follow-on document review within 30 days, according to the publication.

Northrop demonstrated the potential of its system to fuse sensor data and engage multiple targets during a flight test held in August as part of a limited user test with the Army.

The branch has invested $2.7B in IBCS development efforts to date, the report said.

Government Technology/News
CBP to Expand Use of Facial Recognition Tech in Entry-Exit Process
by Jane Edwards
Published on November 25, 2020
CBP to Expand Use of Facial Recognition Tech in Entry-Exit Process

The Customs and Border Protection (CBP) has proposed to amend rules to expand the use of facial recognition systems to improve the process of verifying the identity of foreign visitors arriving and departing from airports, sea ports and land ports.

A notice of proposed rulemaking published Thursday in Federal Register says current regulations limit CBP’s capacity to perform biometric exit pilot programs to 15 airports and maritime ports and the proposed rule change will allow the agency to broaden the collection of biometrics from foreign travelers departing from those sites. 

The Department of Homeland Security's (DHS) CBP plans to initially implement the proposed entry-exit process using facial recognition at commercial airports and collect photographs from all foreign travelers regardless of their age. 

“Full implementation at for land and sea ports of entry will follow after CBP has tested and refined its biometric exit strategies in those environments,” the notice reads. 

Comments on the proposed rule change are due Dec. 21.

DoD/Government Technology/News
JAIC’s Lt. Gen. Michael Groen: More Computing Capacity Needed to Advance AI
by Jane Edwards
Published on November 25, 2020
JAIC’s Lt. Gen. Michael Groen: More Computing Capacity Needed to Advance AI

Lt. Gen. Michael Groen, director of the Department of Defense’s Joint Artificial Intelligence Center, said he believes access to more computers and other resources could help JAIC accelerate efforts to exploit DoD’s large datasets and bring AI tools to warfighters faster, Nextgov reported Tuesday. 

“The cost is a limiting factor, certainly a limiting factor for the JAIC. And we don’t have that big of a budget,” Groen said. “We have a capacity issue, like how fast can we get to all of the people who need AI across the Department? We were going to run as fast as we can but our duty cycle is going to be… we’re going to be working out butts off.” 

Groen said he believes AI could help combatant commanders make decisions on the battlefield and transform DoD’s strategies, planning and operations. 

He said he expects incoming Pentagon leaders to continue to prioritize AI and see how the technology could transform operations. 

“I think with leadership from the top within the Department that’s really focused on: ‘Okay, we agree that artificial intelligence and information-age decision-making can really facilitate our transformation and it’s necessary.’ With leadership that’s focused like that, we’ll get to where we want to go,” Groen said.

Government Technology/News
Coast Guard to Field Cloud-Based Maritime Analytic Support System
by Jane Edwards
Published on November 25, 2020
Coast Guard to Field Cloud-Based Maritime Analytic Support System

The U.S. Coast Guard plans to implement an updated system in the cloud to help facilitate information sharing, improve security and enhance data management needed to carry out its missions and promote maritime domain awareness. 

The service plans to modernize the Maritime Awareness Global Network or MAGNet with the cloud-hosted Maritime Analytic Support System to improve system access authentication processes, update user interfaces and “ingest new data sources on an as-needed basis."

The cloud-based MASS platform will allow the Coast Guard to “apply new technologies to better tag data for retention, access, and use purposes,” the notice reads. The system will also help the service execute its 11 statutory missions by providing access to maritime data, storage and basic individual and vessel search capabilities. 

The Department of Homeland Security issued the notice of proposed rulemaking to exempt MASS from certain provisions of the Privacy Act of 1974. 

Comments on the notice are due Dec. 23.

DoD/Government Technology/News
DoD Funds Projects to Address Defense Industry Manufacturing Gaps
by Nichols Martin
Published on November 24, 2020
DoD Funds Projects to Address Defense Industry Manufacturing Gaps

The Department of Defense (DoD) has issued awards worth almost $27 million for nine projects that will prototype manufacturing technologies in support of the defense industrial base.

The investment supports the National Imperative for Industrial Skills initiative that aims to address the engineering skills gap in the defense industry, DoD said Monday.

The department selected projects froma five-year request for proposals launched earlier this year.

“I am confident that this effort will enable greater stakeholder cooperation across the U.S. industrial base and encourage more partners to come forward to join the effort to drive sufficient scale and velocity into our industrial workforce development pipelines, all with the end goal of elevating U.S. manufacturing to world-leading status," said Adele Ratcliff, the director of DoD's Industrial Base Analysis and Sustainment program office that runs the initiative.

DoD plans to issue more awards in fiscal 2021, in addition to the existing ones that awarded to parties in Alabama, Connecticut, Missouri, Tennessee, Virginia, Illinois, Rhode Island, New Hampshire and Texas.

The department expects the initiative to support the country's production and procurement of missiles, naval ships, aircraft and other defense systems.

Government Technology/News
FAA Sets Criteria for Complex UAS Service Certifications
by Nichols Martin
Published on November 24, 2020
FAA Sets Criteria for Complex UAS Service Certifications

The Federal Aviation Administration (FAA) has published a set of criteria to guide proposed unmanned aircraft system certification across 10 different drone service applicants. 

FAA said Monday that its proposed airworthiness criteria are made to standardize safety in the same way done by standards for other aircraft types.

The proposed criteria would apply to drone services operated by 3D Robotics, Airobotics, Amazon, Flirtey, Flytrex, Matternet, Percepto, Telegrid, Wingcopter and Zipline.

The agency will use the criteria to determine the certification of the mentioned companies for complex drone operations. FAA invites the public to comment on airworthiness criteria for each of the applicant companies over a 30-day period.

News
Bipartisan Legislation to Develop National Database on Flood Risk Data
by Matthew Nelson
Published on November 24, 2020
Bipartisan Legislation to Develop National Database on Flood Risk Data

Rep. Nydia Velazquez, D-N.Y., has unveiled a bipartisan bill that seeks to develop a national database to assist coastal communities in handling flood risks.

The National Sea Level Risk Analysis Act will require the National Oceanic and Atmospheric Administration (NOAA) to gather and consolidate data on flood risks within the U.S. into a centralized database, the office of Nydia Velasquez said Thursday.

The database, dubbed as the National Coastal Data Information System, will include maps and information on rising sea levels.

According to a report, the bill will also direct NOAA to augment the federal government's partnership with coastal communities and build information products and services to address their needs.

"When we can assess how these changes may impact New York City through the information being added to this database, we can prepare sustainable infrastructure to protect our buildings and ensure the safety of our community against any disaster that comes its way," said Velasquez.

Various organizations such as Roots Action and Sequoia Forest endorsed the bipartisan bill.

Government Technology/News
USAF Launches Program to Boost Airmen’s Digital Skills; Lt. Gen. Christopher Weggeman Quoted
by Nichols Martin
Published on November 24, 2020
USAF Launches Program to Boost Airmen’s Digital Skills; Lt. Gen. Christopher Weggeman Quoted

The U.S. Air Force has initiated an effort to help airmen access educational opportunities on digital technology, The Digital University program will provide airmen and U.S. Space Force members free access to over 12,000 courses from Pluralsight, Udacity and Udemy, USAF said Friday.

“There is hidden talent and untapped potential out there – our job is to seek it out and feed the digital hunger in our Airmen,” said Lt. Gen. Christopher Weggeman, deputy commander of Air Combat Command (ACC).

Digital University's offered courses will tackle multiple applications and topics including computer programming, game development, conflict management and public speaking.

The program's pilot will run through June 2021 before Pluralsight and Udacity licenses, including those for nano-degrees, are added to the offerings.

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