As of July 2023, RTX and SAIC veteran John Havermann is president and CEO of Fornax Advanced Materials. In this role, Havermann is deeply committed to securing Fornax as a go-to name in aerospace, defense and energy advanced materials manufacturing.

The busy leader recently sat down with ExecutiveBiz to give us a peek behind the curtain at his new company, explain how it’s responding to the national security threats of the day and more.

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John Ustica, president and CEO of Siemens Government Technologies, has been included for the second time in Executive Mosaic’s Wash100 Award recognizing government contracting change-makers for 2024. A champion of digital twin technology, Ustica highlighted SGT's innovation to combine the power of physical and digital tools to meet the production cycle needs of the public sector. 

Vote for Ustica as one of your favorite 2024 Wash100 awardees at Wash100.com. This year’s popular vote competition runs through April 30, so cast your 10 votes now!

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Semiconductor and fiber lasers provider nLIGHT will work as a subcontractor to Kord Technologies on a $34.5 million U.S. Army contract for the Directed Energy Maneuver-Short Range Air Defense prototyping effort. DE M-SHORAD aims to install 50kW-class high energy laser weapon systems on Stryker vehicles, improving their defenses against a variety of threats, including unmanned aircraft systems, nLIGHT said Monday.

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Divergent Technologies has closed its Series D equity financing, totaling $230 million. Divergent said Monday that Hexagon AB invested $100 million and led the capital raising round, which included new and existing institutional and family office investors.

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Shield Capital has announced the final closing of its inaugural fund focused on early-stage venture capital investments. Upon its closing, Shield Capital Fund I, L.P. was oversubscribed at 55 percent above target and had obtained $186 million in capital commitments from institutional and private investors, Shield Capital said.

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Northrop Grumman conducted a series of demonstrations of the Integrated Battle Command System involving simulated attacks in the Washington metropolitan area. The event, which was held at Redstone Arsenal in Alabama, showcased the capability of IBCS to integrate sensors and effectors used by the U.S. armed forces in the face of complex threats, the company said Monday.

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The government contracting industry relies on partnerships to fulfill various missions for different domains. Federal agencies tap into their partners’ products and services to cater to their missions’ needs and address issues conserving defense, costs, mission effectiveness, and many more.   At the helm of advancing new technologies and solutions and promoting health relationships with […] More

Steve Escaravage of Booz Allen Hamilton and Adam Hammer of Roadrunner Venture Studios said the Department of Defense should harness the power of capital markets and support dual-use technology companies to advance the development of emerging tech platforms to maintain its competitive edge amid the country’s strategic competition with China.

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Booz Allen Hamilton has marked the first founding anniversary of its corporate venture capital arm focused on developing and deploying emerging technologies for defense and national security applications. Since its launch in 2022, Booz Allen Ventures has expanded its portfolio to six start-ups spanning artificial intelligence, machine learning, edge computing deep technology and cybersecurity sectors, […] More

Unmanned aerial vehicle manufacturer RapidFlight has acquired the intellectual property portfolio of the now-defunct motor vehicle company Local Motors in a push to incorporate 3D printing and additive manufacturing techniques into its production line. The acquisition provides RapidFlight with access to Local Motors’ patents, designs and engineering expertise to accelerate the production of aircraft systems […] More

Sequoia Capital made a seed investment in Mach Industries, a startup company specializing in unmanned aerial vehicles and other defense platforms that run on hydrogen fuel. The funding marks Sequoia’s entry into the hardware defense technology business, the venture capital firm said Thursday. Austin, Texas-based Mach Industries was founded by Ethan Thornton in 2022. It […] More

Michael House has built a career on his deep understanding of energy management, distinguishing himself in a series of energy-related positions at companies such as Lockheed Martin and General Electric, before coming to his current role as vice president of infrastructure and energy solutions at Siemens Government Technologies in August 2020. An engineer by trade, […] More