Jane Edwards

TeraThink has secured a spot on the Defense Logistics Agency’s potential eight-year, $6 billion contract vehicle for information technology services through an asset purchase agreement. The company said Thursday it will compete for task orders to support DLA, service branches and other civilian agencies under the J6 Enterprise Technology Services contract that has a base term of […] More

Booz Allen Hamilton and UiPath have teamed up to promote the use of robotic process automation technologies to help federal agencies improve their processes and operations. UiPath said Thursday it will combine its RPA platform with Booz Allen’s information technology and management consulting capabilities to help agencies streamline the delivery of services to citizens and […] More

General Electric has unveiled a new company to help build traffic management systems designed to support the integration of unmanned aircraft systems into the national airspace. AiRXOS operates as a wholly owned subsidiary of GE and has been tapped to serve as a partner on several programs to support the development of UAS traffic management […] More

Lockheed Martin has announced plans to funnel approximately $460 million in tax reform law-related savings into several investment initiatives. The company said Thursday about $200 million of that savings will go to research-and-development programs and capital expenditures this year in addition to $100 million in funds that will be invested into Lockheed’s venture capital fund. […] More

Lockheed Martin plans to move $100 million in funds saved through the tax reform law into its venture capital arm that invests in startups involved in the development of emerging technologies, Defense News reported Wednesday. “We’d love to go from — generically — about four investments per year, we’d love to get to six or […] More

Boeing has invested in Kittyhawk to help the San Francisco-based startup advance the development of its mobile-based applications and enterprise software offerings that work to integrate and manage flight operations of unmanned aircraft systems through a single platform. Boeing said Wednesday its HorizonX Ventures joined Bonfire Ventures and Freestyle Capital in a seed funding round […] More