PTC has received a potential $95 million contract to continue providing the U.S. Air Force with its service parts management software-as-a-service offering over a maximum period of five years. The Servigistics service will support the Enterprise Supply Chain Analysis, Planning and Execution program that is aimed at modernizing the military branch’s supply chain for enhanced […] More

The Defense Information Systems Agency has granted PTC a provisional authorization to provide software as a service for Department of Defense systems that host controlled unclassified data.

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PTC will provide a service parts management platform to the U.S. Air Force in an effort to help the military branch manage supply chain planning and weapon systems support activities at Air Force Sustainment Centers worldwide. The company said Tuesday its PTC Service Parts Management Software-as-a-Service  platform will work to optimize demand forecast accuracy, logistics cost estimation and aircraft availability as well as […] More

Virtualitics, an artificial intelligence data analytics company, has appointed industry veterans Rob Ferguson and Rob Bocek as chief revenue officer and president of public sector, respectively, as part of efforts to expand its focus on national security and governmental platforms. Virtualitics said Wednesday that Ferguson will oversee go-to-market teams tasked with helping companies meet their objectives through advanced tech adoption while Bocek will lead the company's strategic growth efforts in the U.S. defense and public sector markets.

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There’s no doubt that shutdowns cause an immediate impact on many business owners, especially those who depend on financial aid and contracts. When a government shutdown occurs, certain federal agencies close, which means fewer opportunities for contractors, small businesses, and sole proprietors. However, if you are aware of its potential effects on daily operations, you […] More

The federal government has always taken part in helping small businesses. In recent years, fiscal stimulus programs, like tax breaks and incentives, were implemented to help entrepreneurs get out of hard economic times. At present, business owners need attention for another reason. Bankruptcy and closure rates have been higher than ever since the global pandemic. […] More

Clint Crosier, director of aerospace and satellite solutions at Amazon Web Services (AWS) and a retired U.S. Air Force/Space Force major general, recently spoke with ExecutiveBiz regarding the challenges and opportunities to establish the U.S. Space Force, the first military service branch in 72 years, during the latest Executive Spotlight interview. Crosier also discussed how AWS Cloud is […] More

An analysis by blockchain analytics company Chainalysis shows that scammers took in more than $7.7 billion worth of cryptocurrency from victims in 2021, reflecting an increase of 81 percent from the previous year. A new type of scam in the decentralized finance ecosystem called “rug pulls” accounted for 37 percent of the total cryptocurrency scam […] More

Debra Facktor, a board member at an Airbus and OneWeb joint venture, has said the JV is working on a new batch of satellites to support long-term efforts to expand its clientele, SpaceNews reported Sunday.

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The Internal Revenue Service is seeking commercial tools that could search and collect data on social media sites to help the agency monitor tax compliance. The plan comes amid the growing number of businesses and individuals using social media to advertise, promote and sell products and services, according to a request for information FedBizOpps posted […] More

ExecutiveBiz talked with Matt Desch, chief executive officer, and a four-time Wash100 winner, about Iridium’s May 22nd satellite launch, their partnership with SpaceX and where he sees the company’s path ahead. “Over the years, we’ve gone public and renewed ourselves to the point that we’re not just surviving anymore; we’re thriving.” ExecutiveBiz: You’ve been chief […] More

Engility CEO Lynn Dugle has said the company has started to pilot continuous evaluation initiatives in an effort to address issues related to security clearances. “What we know from a community is about 80 percent of people who lose clearances do so for financial reasons,” Dugle told Defense One in an interview published Thursday. “Under continuous monitoring, instead […] More