A new study from the World Economic Forum and McKinsey & Company has found the lack of cybersecurity measures and increasing complexity of cyberattacks can hamper development and cost the global economy about $3 trillion by 2020, ZeeBiz.com reported Monday. The “Risk and Responsibility in a Hyperconnected World” report tapped more than 300 executives, civil […] More

TeleCommunication Systems has rolled out new X/Y tracking antenna systems for earth observation satellites amid growing demand for ground station monitoring terminals, CIOL reported Friday. According to the Annapolis, Md.-based communication technology solutions provider, it has design and manufacturing techniques that allows for customization using various sizes of antenna reflectors and X/Y pedestals. The tracking […] More

Dr. Melvin Greer serves as senior fellow and chief strategist for service-oriented architecture and cloud computing at Lockheed Martin, where he brings more than 25 years of experience leading systems and software engineering efforts to the contractor’s advanced technology office. Greer is a principal investigator in advanced research studies, and has dedicated his efforts towards […] More

Lockheed Martin was selected by Chief Security Officer magazine for the publication’s annual list of 40 organizations that indicate business value and thought leadership. Lockheed and the other companies named to the CS040 list will be recognized at the CSO40 Security Confab + Awards March 31 through April 2 in Braselton, Ga., Lockheed announced Tuesday. For its part, Lockheed was recognized […] More

Tim Dowd, formerly a director at rapid drug-testing company eScreen, has joined Irvine, Calif.-based Accurate Background’s board of directors. Prior to his appointment, Dowd served on the eScreen board from 2008 to 2012, a period that saw the business record a twofold revenue and threefold EBITDA increase, Accurate Background said Tuesday. Dowd currently serves as president […] More

L-3 Communications‘ international customers are increasingly seeking to acquire simulation systems that multiple people can participate in as they want to create a virtual battlespace for training, L-3 Link Simulation & Training President Leonard Genna told Defense News in an interview published Monday. Genna described the goal of the “live virtual constructive” scenarios as being able […] More

Seven early-stage ventures have been selected for an annual program backed by Accenture that works to help startups develop platforms for the financial services industry. The FinTech Innovation Lab London program offers senior-level mentoring services to guide entrepreneurs in commercializing their innovations and attracting prospective customers, Accenture said Monday. “In the past nine months, the […] More

DataDirect Networks-built storage infrastructures work to power more than 60 percent of TOP500.org’s list of the world’s largest computing systems by performance. The performance of computers listed in the top 10 increased by 14 times in less than five years and nine of those systems currently use DDN technology, the company said Monday. “Commercial and […] More

Capstone Turbine has received four orders from the Marcellus and Utica Shale regions for microturbines designed for oil and gas operations. Capstone’s oil and gas distributor E-Finity Distributed Generation obtained orders from two new and two existing clients amounting to 6.4 megawatts of power, Capstone said Thursday. Darren Jamison, president and CEO of Capstone, said […] More

A new Cisco study estimates that public sector organizations could generate $4.6 trillion in value from Internet-connected objects over the next 10 years. State agencies could generate $682 billion in value by applying the Internet of Everything to public services and cities worldwide could also derive $1.9 trillion through the IoE over the next decade, Cisco said Wednesday. “With […] More

Engility Holdings has won a $29.6 million engineering and technology support contract under the U.S. Navy‘s Aircraft Launch and Recovery Equipment program. The award from the Naval Air Warfare Aircraft Division in Lakehurst, N.J. contains $9.8 million in base funds and two option years that would increase the contract to its full potential value, Engility announced […] More

The new website developed by the Northern Virginia Technology Council, the Consumer Electronics Association and Monster Worldwide to help veterans find work in the information technology sector is now live. USTechVets.org is designed with a skills translator to help users match their backgrounds with available jobs and built to contain a database of more than 800,000 […] More