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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Bill Rowan, vice president of public sector at Splunk, said information technology leaders are citing the need to implement global ethical principles and regulations to establish trust in the adoption of artificial intelligence, machine learning and large language models amid the accelerated development and use of such technologies.

Register here to attend the Potomac Officers Club’s 5th Annual Artificial Intelligence Summit on March 21 and hear federal leaders and industry experts discuss the latest developments in the field.

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The U.S. Air Force has named the five companies selected to design and build a next-generation fleet of unmanned aerial vehicles meant to fly in coordination with crewed platforms. Boeing, Lockheed Martin, Northrop Grumman, Anduril and General Atomics have been awarded contracts with undisclosed sums to continue rapid development for production for the Air Force's Collaborative Combat Aircraft program.

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Amazon Web Services has made AWS Marketplace available in an expansion of the digital product catalog for the intelligence community program or ICMP. The launch of AWS Marketplace in the AWS Secret Region provides IC customers with access to 30 independent software vendors and 170 products developed to support workloads up to the Secret U.S. security classification level.

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Jeff Williams, a 20-year military real estate veteran, has been appointed senior vice president of asset management at defense infrastructure management company Corvias. He will oversee the company's investments within the military sector and partner with Department of Defense clients to ensure long-term care and maintain the economic performance of their physical assets.

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As cyber attacks evolve and increase in frequency, the Intelligence Community is working to ensure that it is prepared to handle these threats. Cyber is one topic that may be discussed at the Potomac Officers Club’s 10th Annual Intel Summit in September 2024, where experts from both the public and private sectors will come together to share their insights on the current intelligence landscape. 

To learn more and register to attend the event, click here.

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Though venture capitalists have invested heavily into defense startups and these companies have expressed interest in pursuing more government contracts, these companies have not yet captured the attention of the Department of Defense. Defense spending trends continue to reflect a strong preference for more established contractors as in fiscal year 2023, startups only accounted for 1 percent of the $411 billion in contracts issued by the DOD.

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