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in News, Digital Assets, Technology

TaxBit Introduces Form 1099-DA Support to Ease Regulatory Compliance for Digital Asset Brokers; Lindsey Argalas Quoted

TaxBit has announced that its tax and accounting platform for digital assets now offers comprehensive support for the 1099-DA form. The addition of the form 1099-DA marks an important step toward full compliance with the newly released Department of the Treasury and Internal Revenue Services Digital Asset Broker Regulations, the company said Tuesday. The 1099-DA […] More

August 29, 2024, 5:35 pm
in News, Technology

Boom’s Supersonic Jet Demonstrator Takes Flight for Second Time; Blake Scholl Quoted

A supersonic jet from Colorado company Boom Supersonic has conducted its second flight ever over the Mojave Air & Space Port in California. Boom said in a press release on Monday that the XB-1 demonstrator aircraft reached an altitude of 10,400 feet and speeds of 232 knots during the test. The XB-1 flew for the […] More

August 27, 2024, 11:42 am
in Defense Security Cooperation, DOD, Foreign Military Sales, News

US Approves Indian Government’s Request to Purchase Anti-Submarine Sonobouys

The Department of State has cleared India’s request to purchase anti-submarine warfare sonobuoys and related equipment for $52.8 million. The Defense Security Cooperation Agency said Friday that Sparton and Undersea Sensor Systems Inc. will serve as principal contractors. The proposed foreign military sale is not expected to impact U.S. defense readiness or alter the basic […] More

August 26, 2024, 11:38 am
in Space, Technology

Axiom Space, Nokia Partner to Equip Future Lunar Spacesuits With High-Speed Internet; Russell Ralston Quoted

Axiom Space has tapped Nokia to develop high-speed wireless communications for use on the upcoming NASA Artemis III mission. The companies said Wednesday that high-speed 4G/LTE cellular network capabilities will be integrated into the Axiom Extravehicular Mobility Unit, the next-generation spacesuit under development at Axiom. The wireless connectivity will enable astronauts to stream high-resolution footage of their activities to […] More

August 22, 2024, 11:52 am
in Contract Awards, News

Boeing Taps BAE Systems to Modernize Flight Control Computers on Eagle II, Super Hornet Fighter Jets

Boeing has teamed up with BAE Systems to update the fly-by-wire flight control computers on the F-15EX Eagle II and F/A-18E/F Super Hornet. In a press release posted Tuesday, BAE Systems said the FCC hardware and software upgrade will enhance the processing power and cybersecurity and allow the future integration of new technologies. BAE Systems […] More

August 21, 2024, 12:18 pm
in DOD, News, Technology

Istari Digital’s Flyer One X-Plane On Track for Digital Certification; Will Roper Quoted

Istari Digital’s Flyer One, a modified version of Lockheed Martin Skunk Works’ X-56A, is on track to become the first digitally certified aircraft in the world. Will Roper, founder and CEO of Istari Digital and a Wash100 winner, said in a press release issued Monday that the X-plane recently passed a design review, a major […] More

August 20, 2024, 11:46 am
in Executive Moves, News

SandboxAQ Recruits Former Treasury Secretary Lawrence Summers to Advisory Board

Former Secretary of the Treasury Lawrence Summers has joined the advisory board of artificial intelligence and quantum technology company SandboxAQ. “I am excited to join the board of advisors at SandboxAQ, a company at the forefront of integrating AI and advanced compute to tackle some of the most pressing global challenges,” the renowned economist said […] More

August 19, 2024, 11:16 am
in Contract Awards, News

SAIC Secures 3 Navy Contracts to Support NAWCAD Programs; Barbara Supplee Quoted

The U.S. Navy has awarded three contracts to Science Applications International Corp. to provide engineering support to multiple programs at the Naval Air Warfare Center Weapons Division. The contracts, cumulatively worth $58.2 million, cover the Airborne Electronic Attack Integrated Product Team Jammer Technique Optimization program, the AEA IPT International program and the AEA IPT EA-18G […] More

August 16, 2024, 11:45 am
in News

Viasat Unveils Improved L-Band Tactical Satcom Service for Government, Military

Viasat has introduced an enhanced version of its L-band tactical satellite service. The communications company said Wednesday the updated L-TAC is powered by its L-band network, which works to deliver connectivity to customers worldwide. The satellite service automates the ordering and provisioning system and the channel assignment capability, ensuring a more efficient allocation of data. […] More

August 15, 2024, 11:43 am
in Acquisition & Procurement, Contract Awards, DOD, News, Technology

L3Harris Technologies Secures New Contract to Repair Navy Tactical Radios

The U.S. Navy has awarded L3Harris Technologies a firm-fixed-priced contract valued at $28.5 million to repair its multifunctional information distribution system joint tactical radio systems, specifically the concurrent multi-netting-4 systems. Under the five-year deal, L3Harris will work alongside the Naval Supply Systems Command’s Integrated Weapon Support Team to ensure combat readiness of the MIDS JTRS. Work will […] More

August 13, 2024, 12:25 pm
in News, Technology

Nokia Self-Certifies Fiber Broadband Offerings as Compliant With Buy America Requirements

Nokia has self-certified that its fiber offerings are manufactured in the United States, allowing internet service providers to meet requirements set by the Department of Commerce’s Broadband Equity, Access and Deployment program, which seeks to expand high-speed internet coverage and bridge the digital gap across the United States. The telecommunications company said Monday that it […] More

August 12, 2024, 12:26 pm
in News, Space, Technology

Northrop Grumman Performs Static Fire Test on Digitally Designed Second Stage Rocket Motor

Northrop Grumman has conducted a test on its fully digitally designed second-stage solid rocket motor. The company on Thursday said the large solid rocket motor underwent a static fire test at the U.S. Air Force’s Arnold Engineering Development Complex in Tennessee. In a press release, Northrop shared that it met all its test objectives and […] More

August 9, 2024, 11:36 am