News

K2 Integrity, formerly K2 Intelligence Financial Integrity Network, and Giant Oak have formed a joint venture in an effort to provide financial institutions a new model for anti-money laundering and combating the financing of terrorism. "We are trying to revolutionize the AML/CFT regime through the use of federated data analytics and transfer learning," Juan Zarate, global co-managing partner and chief strategy officer of K2 Integrity, told ExecutiveBiz.

KBR has been awarded a $300 million, cost-plus-fixed-fee recompete contract for scientific, engineering and technical services in support of the U.S. Geological Survey's (USGS) Earth Resources Observation and Science (EROS) Center. "With our systems engineering, science and IT expertise, KBR stands ready to support EROS in meeting its future challenges," said Stuart Bradie, KBR president and CEO. 

Jacobs has agreed to purchase a 65 percent ownership stake in management consultancy PA Consulting as part of a strategic partnership deal. "Our partnership with PA forms a unique offering in the market that combines strategic front-end consulting and deep domain knowledge across key sectors with next generation science and technology expertise," said Jacobs Chair and CEO Steve Demetriou.

Tyndall Air Force Base has hosted a demonstration of a Cubic-made software suite designed to analyze kinetic and non-kinetic effects during training exercises. Cubic said Wednesday its Simplified, Planning, Execution, Analysis, Reconstruction or SPEAR suite facilitated user experience across more than 75 aircraft at the Checkered Flag 21-1 exercise.

A subsidiary of Sorrento Therapeutics has landed a potential $34M contract from the Defense Advanced Research Projects Agency to produce a rapid countermeasure against COVID-19.

Databricks has received certification under the Federal Risk and Authorization Management Program for a unified data analytics platform designed to process highly sensitive information.

The Air Force Research Laboratory's space vehicles directorate wrapped up the sixth business accelerator effort intended for small companies from the defense and national security markets.

The U.S. Army has released a request for information in support of its plan to implement an integration framework for electronic warfare systems, seeking data for designing, building, integrating, testing and maintaining the EW Planning and Management Tool system. The service branch said Tuesday in a SAM notice it wants to integrate EW systems into a unified, modular platform by further developing the tool.

The U.S. Army has issued a request for information to seek inputs from industry on commercial applications that may support the service branch's intelligence collection management activities.

Ryan Oakes, senior managing director for strategy and consulting for Accenture’s global public service segment, has said that agencies should consider implementing permanent approaches to access management in a post-pandemic environment.

Virgin Orbit plans to conduct the second flight of its LauncherOne small rocket in late December as part of a mission to send NASA cube satellites to orbit, SpaceNews reported Friday.

Vertex Aerospace will operate and maintain base supplies for 178 T-1A Jayhawk jet trainers used by the Air Education and Training Command under a $65.6M contract from the U.S. Air Force.

SpaceX is slated to launch an updated Dragon space vehicle aboard the Falcon 9 rocket Dec. 5 to the International Space Station as part of NASA's 21st Commercial Resupply Services mission.

Scott Stapp, former vice president of resiliency and rapid prototyping within Northrop Grumman's space systems sector, has been promoted to chief technology officer. Stapp will report to Kathy Warden, chairman, CEO and president of Northrop and five-time Wash100 Award recipient.

Johns Hopkins University Applied Physics Laboratory has incorporated a propulsion technology built by NASA into a spacecraft designed to support the agency's demonstration of its first planetary defense capability.