ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CORRECTING and REPLACING ECS in Top Five in Contract Obligations for Federal AI/ML in 2024 Deltek AI Report

Company recognized as one of the largest prime contractors for federal AI solutions

Please replace the release dated November 19, 2024 with the following corrected version due to multiple revisions.

The updated release reads:

ECS IN TOP FIVE IN CONTRACT OBLIGATIONS FOR FEDERAL AI/ML IN 2024 DELTEK AI REPORT

Company recognized as one of the largest prime contractors for federal AI solutions

ECS, an IT systems integrator focused on data and AI, cybersecurity, and enterprise transformation solutions, and an ASGN (NYSE: ASGN) brand, is in the top five in contract obligations for artificial intelligence and machine learning (AI/ML) solutions to the federal government in Deltek’s Federal Artificial Intelligence (AI) Market, 2024-2028 report. Produced annually by GovWin’s federal market analysis team, the report examines the adoption of AI, ML, and related technologies within the federal government.

This marks the third time ECS was in the top 5 in AI/ML contract obligations in Deltek’s report. ECS has a longstanding history of providing data and AI/ML mission solutions across the federal government, as well as rapidly validating and fielding AI models to support a range of Department of Defense (DoD) mission activities. The company is also responsible for maintaining some of the largest AI environments available to the DoD.

Related notable findings from the Deltek Federal Big Data Market, 2023-2027 report and the Deltek Defense and Intel IT Market, 2022-2024 report include:

  • ECS ranked second in contract obligations for “Defense Agencies, Big Data Dashboard” for fiscal years 2020-2022.
  • ECS ranked fourth in contract obligations for “Justice Agencies, Big Data Dashboard” for fiscal years 2020-2022.
  • ECS ranked fourth in contract obligations for “Defense, Big Data” for fiscal years 2019-2021.

“We’re proud to support the federal government in making strategic, long-term investments in responsible AI development,” said Marshall Thames, senior vice president of Technology and Innovation at ECS. “This milestone reflects our ongoing commitment to providing mission-critical AI solutions that meet the evolving needs of government.”

“As AI adoption accelerates across the federal landscape, agencies will encounter hurdles related to data integrity, transparency, security, and governance,” said John Heneghan, president of ECS. “As a leading provider federal AI/ML, ECS draws on its extensive experience to help agencies navigate these complexities and transform into AI-capable organizations.”

About ECS

ECS, a key segment of ASGN Incorporated, is a trusted IT systems integrator serving government agencies. ECS provides modern digital solutions that enable fast and efficient decision making and support the effective execution of government agency operations.

ECS’ leading-edge AI, cybersecurity, and open data management solutions boost collaboration, innovation, and worker productivity, improve employee and customer experiences, and protect critical agency data and assets. For more information, visit ECStech.com.

About ASGN Incorporated

ASGN Incorporated (NYSE: ASGN) is a leading provider of IT services and solutions across the commercial and government sectors. ASGN helps corporate enterprises and government organizations develop, implement, and operate critical IT and business solutions through its integrated offerings. For more information, please visit asgn.com.

Safe Harbor

Certain statements made in this news release are “forward-looking statements” within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and involve a high degree of risk and uncertainty. Forward-looking statements include statements regarding our anticipated financial and operating performance. All statements in this news release, other than those setting forth strictly historical information, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results might differ materially. For a full list of risks and discussion of forward-looking statements, please see our Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 23, 2024. We specifically disclaim any intention or duty to update any forward-looking statements contained in this news release.

“This milestone reflects our ongoing commitment to providing mission-critical AI solutions that meet the evolving needs of government.”

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.