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Shield AI acquires Alexandria-based defense contractor
Companies creating AI pilots for military aircraft
Alexandria-based defense contractor Heron Systems Inc. was acquired by San Diego-based technology company Shield AI, according to announcement Thursday from Shield AI. Financial details of the transaction were not disclosed.
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Booz Allen Hamilton hires senior VP to lead AI practice for DOD
Matt Tarascio comes from Lockheed Martin Corp.
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McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. has hired Matt Tarascio as a senior vice president in its Strategic Innovation Group, it announced Wednesday. Tarascio will
Booz Allen Hamilton wins $674M DOD contract
McLean-based Fortune 500 firm will support growth of data analytics platform
Published
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. was awarded a five-year, $674 million contract from the General Services Administration to maintain and support the growth of
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Leesburg anti-phishing tech company Cofense buys Israeli firm
Cofense plans to use Cyberfish's AI tools to battle phishing emails
Published
Leesburg-based tech firm Cofense, which specializes in phishing detecting and response solutions, announced Wednesday that it has acquired Israel-based Cyberfish, a company that provides artificial intelligence-based technology to battle phishing
CounterFlow AI names new CEO
Charlottesville network security firm taps chief product officer, Bill Cantrell
Published
Charlottesville-based CounterFlow AI has named its chief product officer, Bill Cantrell, as CEO effective April 2, the network security firm announced today. Cantrell will succeed Randy Caldejon, who co-founded the
MWAA sells facial recognition system to Pangiam
VeriScan provides security for more than 40 airlines
Published
VeriScan, a facial-recognition system developed by the Metropolitan Washington Airports Authority, has been sold to Alexandria-based Pangiam, a security and travel services provider, the company announced Friday. Terms of the
Health care AI company bringing U.S. HQ to Loudoun
Zasti Inc. will invest $5.9 million and create 60 jobs
Published
Zasti Inc., a health care-related artificial intelligence technology company, is investing $5.9 million to establish its U.S. headquarters in Loudoun County, creating 60 jobs, Virginia Gov. Ralph Northam announced Thursday.
Calif. company buys Progeny Systems division for $30M
AeroVironment acquires Manassas-based Progeny's Intelligent Systems Group
Published
Simi Valley, California-based unmanned aircraft systems (UAS) company AeroVironment announced Wednesday it has acquired Manassas-based Progeny Systems Corp.’s Intelligent Systems Group (ISG) for $30 million in an all-cash transaction. ISG
SAIC hires senior VP of artificial intelligence
Michael Scruggs comes from IBM
Published
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) has hired Michael Scruggs as senior vice president of artificial intelligence, effective immediately. “In this newly created role, Scruggs will
McLean-based NuWave merges with Md. firm to form AI company
Federal tech contractor to become part of Columbia, Md.-based BigBear.ai
Published
McLean-based federal technology contractor NuWave Solutions LLC and Columbia, Maryland-based PCI Strategic Management announced Tuesday the companies have merged to form BigBear.ai. NuWave CEO Reggie Brothers will become CEO of