Shield AI, a developer of artificial intelligence (AI) technology for unmanned aircraft systems (UAS), has acquired Heron Systems Inc., which has developed AI software for fighter aircraft, a deal the companies say will accelerate the use of AI pilots on military aircraft. Terms of the acquisition ...

Concerned that large defense companies purchasing key suppliers is leading to monopolies and stifling competition, Sen. Elizabeth Warren (D-Mass.) last week asked the Federal Trade Commission (FTC) to review the best ways to maintain competition when these types of deals are proposed, including ...

ASGN Inc. [ASGN] last Friday said it has acquired IndraSoft Inc. in a deal that expands its work with defense customers. Terms of the deal were not disclosed. IndraSoft, which is based Northern Virginia, has more than 220 employees. IndraSoft will be integrated into ASGN’s ECS Mission Solutions ...

Seeking to hone its strategy for growth and innovation, Science Applications International Corp. [SAIC] has formed a Strategic Advisory Board that initially includes three former high ranking Defense Department Officials from the Trump administration that also have business experience. The former ...

Booz Allen Hamilton [BAH] on Monday said it has invested in a Silicon Valley-based startup company that enables artificial intelligence (AI), machine learning (ML) and data compression at the tactical edge. The investment in Latent AI, Inc. is the first for Booz Allen’s technology scouting group ...

GovernmentCIO, a provider of technology and digital solutions to the federal health information technology (IT) services market last Thursday said it agreed to acquire Salient CGGT (SCRGT) in a deal that will diversify the company’s customer base and create a $700 million company. GovCIO, which ...