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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Elbit Systems’ U.S. subsidiary has secured a $49 million delivery order to supply additional helmet-mounted night vision systems to the U.S. Marine Corps. Elbit Systems of America will deliver Squad Binocular Night Vision Goggles to the Marines to help boost their situational awareness and performance during night operations, the company said Monday. The goggles include […] More
Roy Azevedo, president of Raytheon Technologies‘ intelligence and space business, and four other executives and officials were tapped to join the board of directors of Space Foundation. The 2022 Wash100 Award recipient as well as John Hyten, former vice chairman of the Joint Chiefs of Staff; Jeff Ashby, former NASA astronaut; Pascale Ehrenfreund, president of […] More
Lockheed Martin said it is in discussions with the Department of Defense about ramping up the production of weapons meant for Ukraine as the Eastern European country fights Russian invasion, The Wall Street Journal reported Tuesday. Jim Taiclet, CEO of Lockheed and a 2022 Wash100 Award winner, and other chief executives from major defense contractors […] More
Space companies are investing in facilities to expand their capacity to produce small satellites to meet the increasing demand among government and commercial customers for hybrid space architectures that feature more small spacecraft operating in multiple orbits, C4ISRNET reported Tuesday. “What we’ve seen is, I think, a realization and a recognition that the future is […] More
Shield Capital has launched its first venture capital fund to support startups that are developing technologies for national security and commercial customers. The venture capital firm said Tuesday it exceeded the $120 million fund goal for Shield Capital Fund I. Shield Capital’s investment strategy is focused on early-stage companies working on technologies in artificial intelligence, […] More
CesiumAstro has raised $60 million in a round of Series B financing co-led by Airbus Ventures and Forever Ventures and will use the capital to accelerate its research and development efforts and expand manufacturing capabilities and facilities in the U.S. and abroad. “This investment is a key endorsement of our ability to deliver advanced communication […] More
In today’s tense geopolitical environment, global powers are racing to develop advanced defense technologies, like hypersonic weapons, to keep pace with the rapid advancements being made in other countries – like China and Russia – and prepare for potential future combat scenarios.  With speeds faster than five times the speed of sound, critical hypersonic technologies […] More
Bernard Champoux, a retired U.S. Army officer with almost four decades of military experience, has been named to the advisory board of Sweden-based technology company Castellum. He will serve as part of a group offering expertise in the areas of business, information technology, cybersecurity and government in support of Castellum’s growth, the company said Monday. […] More
William McGann, formerly chief technology officer at a Leidos business, has been named chief operating and technology officer at Quantum Computing Inc., where he will oversee product engineering, technology development and research efforts in his new role. QCI said Tuesday the three-decade industry veteran will be responsible for driving the company’s quantum software initiatives through […] More
Information technology is one of the most sought-after services of the federal government. Different government agencies work with the largest government contractors for IT and finalize government contracts to equip their agencies with the most advanced capabilities, systems, solutions, and technologies. What do top IT government contractors do? An IT government contractor offers technical information […] More
The defense industry is a big global market, generating multi-billion contracts from the federal sector, foreign governments, and international customers. As the United States government is the single largest customer of goods and services, American companies top the list of the largest defense contractors in the world, supplying industry-leading weapons, electronic systems, and data analytics. […] More
A Platform Aerospace-developed unmanned aircraft system broke the world record for unrefueled flight after flying for eight straight days over Edwards Air Force Base in California. Vanilla Unmanned took off from Rogers Dry Lakebed on Sept. 24 equipped with a communications relay system and a ballast to carry other sensors and continued flying through Saturday, […] More
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