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Business/Financial

Lockheed Martin Invests In AI Company Fiddler Labs

By Cal Biesecker

Wednesday, August 12th, 2020

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Lockheed Martin Invests In AI Company Fiddler Labs

Image: Fiddler Labs

Fiddler Labs on Wednesday said it has entered into a strategic collaboration agreement with Lockheed Martin’s [LMT] ventures unit that also includes an investment to help the company further develop, test and scale its capabilities in allowing users to understand and trust applications of artificial intelligence (AI) in the aerospace and defense industries. The value of the investment by Lockheed Martin Ventures was not disclosed. Fiddler, which is based in California, specializes in Explainable AI, which essentially allows users to…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

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Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

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Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]